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The French Welfare State And Social Wage: Economic And Ideological Challenges

Author

Listed:
  • FAZELI Rafat

    (California State University University)

  • FAZELI Reza

    (California State University University)

  • SHAIKH Anwar

    (New School for Social Research)

Abstract

This paper concentrates on the recent development of the welfare state and social wage in France. On the empirical level, our study is concerned with the net benefits or net social wage received by the French working population. Net social wage is the difference between these two categories. This measurement will enable us to find out whether the working population has received a net gain (or net social wage) and whether this net gain has expanded over time. The paper offers a comparative study of the trends of the "social wage" in France in the last decades before the Great Recession. It addresses two major questions. The first question is whether the expansion of social expenditures has posed any drag on capital accumulation and economic growth in this country. The second question is whether the increasing ideological challenges from the right and the competitive pressures of globalization have led to retrenchment of the French welfare states in the recent decades.

Suggested Citation

  • FAZELI Rafat & FAZELI Reza & SHAIKH Anwar, 2019. "The French Welfare State And Social Wage: Economic And Ideological Challenges," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 71(3), pages 8-22, November.
    • Handle: RePEc:blg:reveco:v:71:y:2019:i:3:p:8-22
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/71301fazeli&fazeli&shaikh.pdf
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    More about this item

    Keywords

    Welfare State; Social Wage; Economic Growth; Government Expenditures; Taxes;
    All these keywords.

    JEL classification:

    • B55 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Social Economics
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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