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The Assessment: The Future of the Welfare State


  • Dilnot, Andrew


The welfare state is highly diverse and relatively new. Throughout the developed world there are suggestions of crisis, although the nature of the crisis is often ill defined. Pressures to increase spending exist and are powerful, both because of demographic and social change, and because of increasing expectations. But the common suggestion that we cannot afford the welfare state is misleading. The appropriate question is whether or not we are willing to engage in increasing amounts of redistribution. Simply shifting responsibilities to the private sector will do little unless we change our distributional goals, and by making public provision more redistributive, may make taxation less popular than it is already. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Dilnot, Andrew, 1995. "The Assessment: The Future of the Welfare State," Oxford Review of Economic Policy, Oxford University Press, vol. 11(3), pages 1-10, Autumn.
  • Handle: RePEc:oup:oxford:v:11:y:1995:i:3:p:1-10

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    References listed on IDEAS

    1. Domenico Giannone & Michele Lenza & Huw Pill & Lucrezia Reichlin, 2012. "The ECB and the Interbank Market," Economic Journal, Royal Economic Society, vol. 122(564), pages 467-486, November.
    2. David Cobham & Yue Kang, 2012. "Financial Crisis And Quantitative Easing: Can Broad Money Tell Us Anything?," Manchester School, University of Manchester, vol. 80, pages 54-76, September.
    3. Michele Lenza & Huw Pill & Lucrezia Reichlin, 2010. "Monetary policy in exceptional times," Economic Policy, CEPR;CES;MSH, vol. 25, pages 295-339, April.
    4. A. Durre & F. Drudi & F.P. Mongelli, 2012. "The interplay of economic reforms and monetary policy: the case of the euro area," Post-Print hal-00787189, HAL.
    5. Gert Peersman, 2011. "Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area," CESifo Working Paper Series 3589, CESifo Group Munich.
    6. Stephan Fahr & Roberto Motto & Massimo Rostagno & Frank Smets & Oreste Tristani, 2013. "A monetary policy strategy in good and bad times: lessons from the recent past," Economic Policy, CEPR;CES;MSH, vol. 28(74), pages 243-288, April.
    7. Bonci, Riccardo, 2011. "Monetary policy and the flow of funds in the euro area," Working Paper Series 1402, European Central Bank.
    8. Bindseil, Ulrich & Winkler, Adalbert, 2012. "Dual liquidity crises under alternative monetary frameworks: a financial accounts perspective," Working Paper Series 1478, European Central Bank.
    9. Ulrich Bindseil & Philippine Cour-Thimann & Philipp König, 2012. "Target2 and Cross-border Interbank Payments during the Financial Crisis," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 13(SPECIALIS), pages 83-92, February.
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    Cited by:

    1. repec:eee:hapoch:v1_567 is not listed on IDEAS
    2. Thanasis Maniatis, 2003. "The net social wage in greece 1958-95," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(4), pages 377-398.
    3. Panos TSAKLOGLOU & Christos KOUTSAMBELAS, "undated". "Distributional Effects of Public Education Transfers in Greece," EcoMod2008 23800144, EcoMod.
    4. Regina T. Riphahn, 1999. "Income and employment effects of health shocks A test case for the German welfare state," Journal of Population Economics, Springer;European Society for Population Economics, vol. 12(3), pages 363-389.

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