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Solidarity and Equivalence in the State Benefits System


  • Ladislav Prusa

    () (University of Finance and Administration)


Solidarity and equivalence are a long-term issue of all social systems in advanced countries. At first glance it may appear that these two principles act against one another, but in reality there are a number of very close relationships between these principles – whereas in the degree to which social systems are constructed as universal, the principle of solidarity is applied, in the degree to which social systems are constructed based on the level of income from economic activities, the principle of equivalence is applied. It is this issue of to what extent the specific principles are to be applied that is the fundamental question in making decisions on modifications of specific social systems. Within this article attention is paid to the evaluation of the relationship of these principles in the social benefits system in our country.

Suggested Citation

  • Ladislav Prusa, 2009. "Solidarity and Equivalence in the State Benefits System," ACTA VSFS, University of Finance and Administration, vol. 3(2), pages 124-136.
  • Handle: RePEc:prf:journl:v:3:y:2009:i:1:p:124-136

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    References listed on IDEAS

    1. Frederic S. Mishkin, 2007. "Will monetary policy become more of a science?," Finance and Economics Discussion Series 2007-44, Board of Governors of the Federal Reserve System (U.S.).
    2. William R. White, 2006. "Is price stability enough?," BIS Working Papers 205, Bank for International Settlements.
    3. Claudio Borio & William R. White, 2003. "Whither monetary and financial stability : the implications of evolving policy regimes," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 131-211.
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