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This paper maps and explains the reactions of four welfare states - Australia, Belgium, the Netherlands and Sweden - to three global crisis situations - the oil shocks of the 1970s, the worldwide recession of the early 1990s, and the financial crisis from 2008 onwards. Two main conclusions...
Persistent link: https://www.econbiz.de/10009313140
While the first half of the 20th century was characterized by total war, the second half witnessed, at least in the Western world, a massive expansion of the modern welfare state. A growing share of the population was covered by ever more generous systems of social protection that dramatically...
Persistent link: https://www.econbiz.de/10012013843