The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...

"Social Capital of Old People on the Example of Bialystok Residents" is a book based on theoretical and empirical study, which presents an issue of diagnosing and using of old people social capital in the local and regional development processes. This issue is significant because of the threats...

Today the European welfare states are strongly challenged and it is heavily debated how much social security a society should provide and how much private insurance is possible. This article goes back to the origins of the German welfare state. In the 1830s, industrialists from the district of...

This paper discusses the emergence of a new model of welfare and social assistance in Central and Eastern Europe. It starts by briefly summarizing the most recent social policy developments occurring in Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia...

This paper has four main objectives: (1) to monitor the rise of poverty and income inequality during the first decade of Russian transition; (2 to analyze the performance of the welfare state in reducing poverty and income inequality; (3) to identify the most vulnerable groups of transition; and...

This paper provides a brief description of the main systemic problems (strukturprobleme) of post-communist capitalism(s), as well as exploring the main changes occurring in the social structure and the subsequent new social risks and welfare state responses emerging. It shows that post communist...

Central and Eastern European countries have experienced a rapid transformation of their economic, political and welfare regime(s). From a state-paternalist welfare state, post-communist countries are now moving towards something new. A shift in the main social policy paradigm is, in fact, taking...

In the article, we review recent literature on fiscal sustainability with particular reference to problems that are specific to transition countries. While the original literature on fiscal sustainability is chiefly focused on industrial countries there are by now few works that have focused on...

This paper explores the impact of the illegal immigration on the U.S. economy in a context where the immigration phenomenon in this country is one of scale, taking into account its effects on the labor market, on consumption, budget equilibrium and American business. Nation founded by...

Inflation targeting is a monetary policy framework which was adopted by several emerging countries over the last decade. Previous empirical studies suggest that inflation targeting has significant effects on either inflation or inflation variability in emerging targeting countries. But, by...