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Welfare Programs For The Global Era: Lessons From The U.S. Experience

Author

Listed:
  • Bong Joon Yoon

    (Department of Economics, State University of New York at Binghamton)

Abstract

Poverty has been ubiquitous throughout history and across nations. It exists even in the richest nations amidst the unprecedented prosperity of the 21st century. The promises of the global era do not lessen the urgency of coping with the poverty problem of the society. This paper introduces the performance of the social safety net measures of the United States in dealing with poverty. It focuses on the effectiveness of the welfare reforms of 1996. Based on the US experiences, we purport to draw policy lessons universal to any society coping with poverty.

Suggested Citation

  • Bong Joon Yoon, 2008. "Welfare Programs For The Global Era: Lessons From The U.S. Experience," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 33(2), pages 85-106, December.
    • Handle: RePEc:jed:journl:v:33:y:2008:i:2:p:85-106
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    References listed on IDEAS

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    1. Meier, Gearld & Rauch, James E., 2005. "Leading Issues in Economic Development," OUP Catalogue, Oxford University Press, edition 8, number 9780195179606.
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    3. Gramlich, Edward M, 1996. "Different Approaches for Dealing with Social Security," American Economic Review, American Economic Association, vol. 86(2), pages 358-362, May.
    4. Peter A. Diamond, 1996. "Proposals to Restructure Social Security," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 67-88, Summer.
    5. David Dollar & Aart Kraay, 2004. "Trade, Growth, and Poverty," Economic Journal, Royal Economic Society, vol. 114(493), pages 22-49, February.
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    More about this item

    Keywords

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    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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