Welfare State Growth and the Current Crisis in Portugal: Social Spending and its Challenges
This paper focuses on the deep transformation of the Portuguese state under democracy and charts the development of very substantial welfare state. It examines the very substantial investments in social protection, social transfers, education and health and finds remarkable results in some areas but only partial success in others.Â The paper also looks at changes in employment and the growth of the state as a provider of jobs.Â The paper then turns to an analysis of the current crisis, examining both long-term factors and current dynamics asPortugal turns from initial stimulus to austerity to structural reform.
|Date of creation:||18 Mar 2012|
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- Blanchard, Olivier & Jimeno, Juan F, 1995. "Structural Unemployment: Spain versus Portugal," American Economic Review, American Economic Association, vol. 85(2), pages 212-218, May.
- Willem Adema & Maxime Ladaique, 2009. "How Expensive is the Welfare State?: Gross and Net Indicators in the OECD Social Expenditure Database (SOCX)," OECD Social, Employment and Migration Working Papers 92, OECD Publishing.
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