Greece Crisis and The European Model of The Welfare State

Andreea Dragoi

Revista de Economie Mondiala / The Journal of Global Economics, 2015, vol. 7, issue 3

Abstract: This article aims to analyze the European model of the welfare state both from a qualitative but also a quantitative perspective. Based on the main theoretical approaches related to the welfare state, our research aims to evaluate the consequences of the failure of social security system in Greece. Using some macro-economic indicators (the share of social security spending in the GDP, growth rate of GDP, GDP per capita and public debt) our analysis aims to highlight to what extent the welfare state can support the real disadvantaged categories of its citizens, especially in times of economic downturn.

Keywords: welfare state; social security policy; economical crisis; Greece (search for similar items in EconPapers)
JEL-codes: D6 D63 (search for similar items in EconPapers)
Date: 2015
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