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Social Security and the Economy: Key Perspectives

In: Social Security, the Economy and Development

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  • James Midgley

Abstract

The expansion of social security in the middle decades of the twentieth century was generally welcomed. In the Western countries, memories of the Great Depression were still fresh and policies designed to maintain income in times of financial hardship were widely supported. At the end of the Second World War, many people subscribed to the view that poverty and deprivation could be ended through concerted collective action. After all, the war had shown that apparently insurmountable challenges could be overcome through cooperation and a commitment to common goals. Inspired by the New Deal in the United States and the Beveridge Report in Britain, many were persuaded that poverty could be eradicated through comprehensive income protection programmes.

Suggested Citation

  • James Midgley, 2008. "Social Security and the Economy: Key Perspectives," Palgrave Macmillan Books, in: James Midgley & Kwong-leung Tang (ed.), Social Security, the Economy and Development, chapter 2, pages 51-82, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58219-4_3
    DOI: 10.1057/9780230582194_3
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    Cited by:

    1. Kaplan, Emin Ahmet & Hoş, Zeynep & Güler, Ilkay, 2023. "The effect of social security spending on economic growth in selected EU candidate countries," SEER Journal for Labour and Social Affairs in Eastern Europe, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 26(1), pages 95-110.
    2. Zhanna Tsaurkubule, 2017. "Evaluating the efficiency of state socio-economic policy of Latvia," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 11(3), September.

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