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Greece Crisis and The European Model of The Welfare State

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  • Dragoi Andreea

Abstract

This article aims to analyze the European model of the welfare state both from a qualitative but also a quantitative perspective. Based on the main theoretical approaches related to the welfare state, our research aims to evaluate the consequences of the failure of social security system in Greece. Using some macro-economic indicators (the share of social security spending in the GDP, growth rate of GDP, GDP per capita and public debt) our analysis aims to highlight to what extent the welfare state can support the real disadvantaged categories of its citizens, especially in times of economic downturn.

Suggested Citation

  • Dragoi Andreea, 2015. "Greece Crisis and The European Model of The Welfare State," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 7(3).
    • Handle: RePEc:iem:journl:v:3:y:2015:id:2822000009561019
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/217/261
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    References listed on IDEAS

    as
    1. Kjell Hausken & Christian W. Martin & Thomas Plümper, 2004. "Government Spending and Taxation in Democracies and Autocracies," Constitutional Political Economy, Springer, vol. 15(3), pages 239-259, September.
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    More about this item

    Keywords

    welfare state; social security policy; economical crisis; Greece;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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