Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

Appendix. The welfare state

This concept is ambiguous, as history has produced varieties that differ from each other in important aspects. Sizeable budgetary transfers comprising health, pension, education, poverty-reducing cash transfers, and in-kind supports for the needy are typical of the regimes regarded as welfare states. Further characteristics include collective bargaining systems, and the macroeconomic management of nations in order to keep unemployment and inflation, the two important aspects of welfare, under control. Certain negative depictions of this term are related to problematic aspects: doles, handouts, living on welfare, and so on.

Tartalomjegyzék

Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2020

ISBN: 978 963 059 970 2

Gazdaság

The reader is introduced to the purpose, structure, and organizational features of the most important institutions of market economy, such as the Treasury (Ministry of Finance), central (national) bank, bodies responsible for structural changes, supervision of competition, and regulators of strategic industries. The focus of the book is on open trade dependent states, with particular emphasis new member states of the European Union where the institutional order has been shaped by legacies of previous era as well as by policy transfer and policy advice through membership in EU, OECD, IMF and other international institutions. The bulk of the book deals with the comprehensive analysis of institutions of fiscal, monetary, competition, social, spatial policies, and with the emerging trends of new practices.

Hivatkozás: https://mersz.hu/bod-institutions-of-economic-policy//

BibTeX EndNote Mendeley Zotero