Introduction
James Midgley and
Kwong-leung Tang
A chapter in Social Security, the Economy and Development, 2008, pp 1-14 from Palgrave Macmillan
Abstract:
Abstract This book hopes to contribute to an ongoing debate about the relationship between social security and economic development. Although the expansion of social security in the early decades of the twentieth century was widely endorsed by politicians, academics and the public at large, a small group of critics predicted that extensive government involvement in income protection would have dire consequences. One of these predictions focused on social security’s effects on economic development. Critics claimed that social security would have negative fiscal consequences, harm work incentives and distort labour markets. Although comprised of a motley collection of anti-government traditionalists, libertarians and free-marketeers, social security’s critics have been led by neoliberal economists, chiefly from the United States. Since then, they have articulated a persuasive set of arguments against social security programmes.
Keywords: Social Security; Social Assistance; Social Security Programme; Country Case Study; Provident Fund (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58219-4_1
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DOI: 10.1057/9780230582194_1
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