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The future of the social investment state: politics, policies, and outcomes


Busemeyer, Marius R; de la Porte, Caroline; Garritzmann, Julian L; Pavolini, Emmanuele (2018). The future of the social investment state: politics, policies, and outcomes. Journal of European Public Policy, 25(6):801-809.

Abstract

In all advanced democracies, policies related to the welfare state are the largest part of public policy activity. Cross-pressured by globalization, deindustrialization, rising public debts, demographic changes, permanent austerity and the rise of 'new social risks', welfare states in post-industrial democracies have entered a new phase of consolidation and transformation since the 1980s. Against early fears, retrenchment has not been 'the only game in town'. Rather, many countries have expanded new welfare policies such as 'social investments'. This collection adds to the recent literature on the emergence of the 'social investment state' in several ways: (1) it assesses to what degree social investment policies have become established across countries and at the EU level; (2) it demonstrates that and why the politics of social investment are different from those of compensatory social policies on the micro and macro level; and (3) it points at important socio-economic effects of social investments.

Abstract

In all advanced democracies, policies related to the welfare state are the largest part of public policy activity. Cross-pressured by globalization, deindustrialization, rising public debts, demographic changes, permanent austerity and the rise of 'new social risks', welfare states in post-industrial democracies have entered a new phase of consolidation and transformation since the 1980s. Against early fears, retrenchment has not been 'the only game in town'. Rather, many countries have expanded new welfare policies such as 'social investments'. This collection adds to the recent literature on the emergence of the 'social investment state' in several ways: (1) it assesses to what degree social investment policies have become established across countries and at the EU level; (2) it demonstrates that and why the politics of social investment are different from those of compensatory social policies on the micro and macro level; and (3) it points at important socio-economic effects of social investments.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:06 Faculty of Arts > Institute of Political Science
Dewey Decimal Classification:320 Political science
Uncontrolled Keywords:ambiguity, comparative political economy, inequality, social investment, welfare state
Language:English
Date:June 2018
Deposited On:03 Dec 2018 15:29
Last Modified:24 Sep 2019 23:55
Publisher:Taylor & Francis
ISSN:1350-1763
Additional Information:Introduction special issue
OA Status:Closed
Free access at:Publisher DOI. An embargo period may apply.
Publisher DOI:https://doi.org/10.1080/13501763.2017.1402944
Project Information:
  • : FunderFP7
  • : Grant ID311769
  • : Project TitleINVEDUC - Investing in Education in Europe: Attitudes, Politics and Policies

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