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Reducing poverty and income inequality

In: Western Welfare Capitalisms in Good Times and Bad

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Abstract

We assess regime performance on the key social democratic policy priorities of reducing poverty and income inequality. The evidence shows that the Scandinavian social democratic regimes (Denmark, Finland, Norway and Sweden) remain distinctive in deploying their tax-benefit systems to keep poverty and inequality at lower levels than in the other three types of regime. Surprisingly, corporatist regimes (Austria, Belgium, France, Germany and the Netherlands), which are sometimes described as ‘conservative’, are not far behind. In practice, they substantially redistribute income in pursuing their policy priorities of stabilising family incomes and promoting social stability. Regime differences in levels of poverty and inequality remained basically unchanged during the Global Financial Crisis.

Suggested Citation

  • ., 2023. "Reducing poverty and income inequality," Chapters, in: Western Welfare Capitalisms in Good Times and Bad, chapter 5, pages 69-87, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22334_5
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    File URL: https://www.elgaronline.com/doi/10.4337/9781035312306.00011
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    Cited by:

    1. Rosenberg, Rachel & Williams, Sarah Catherine & Martinez, Valerie & Ball, Ja'Chelle, 2024. "Mandated reporting policies and the detection of child abuse and neglect," Children and Youth Services Review, Elsevier, vol. 159(C).
    2. Shraberman, Kyrill & Weinreb, Alexander A., 2024. "The fiscal consequences of changing demographic composition: Aging and differential growth across Israel’s three major subpopulations," The Journal of the Economics of Ageing, Elsevier, vol. 27(C).

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