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Shared Responsibility, Shared RiskGovernment, Markets and Social Policy in the Twenty-First Century$
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Jacob Hacker and Ann O'Leary

Print publication date: 2012

Print ISBN-13: 9780199781911

Published to Oxford Scholarship Online: February 2015

DOI: 10.1093/acprof:osobl/9780199781911.001.0001

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The American Challenge in Cross-national Perspective

The American Challenge in Cross-national Perspective

Chapter:
(p.39) 3 The American Challenge in Cross-national Perspective
Source:
Shared Responsibility, Shared Risk
Author(s):

Neil Gilbert

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780199781911.003.0003

This chapter examines the economic crisis of 2008 and its policy implications for modern welfare states. It begins by analyzing several trends that link the immediate economic predicament to a broader social context, focusing on modern welfare states that have experienced a number of key policy-related developments involving employment measures, public and private expenditures, welfare demand, and labor force participation. It then explores these developments in relation to the shifting degrees of responsibility for managing economic risk among governments, individuals, and employers. It looks at these shifts from a comparative cross-national perspective, comparing U.S. experiences to those of other advanced industrial democracies and highlighting the various implications for risk and insecurity. More precisely, the chapter discusses the relationship between social expenditure and taxation in the Organisation for Economic Co-operation and Development (OECD) member countries; the impact of the recent economic crisis on government spending on social welfare programs; and the increased privatization of certain social welfare benefits.

Keywords:   economic crisis, welfare states, employment, welfare demand, labor force participation, economic risk, social expenditure, taxation, social welfare, privatization

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