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How does social spending relate to economic growth and which countries have got this right and wrong? Peter Lindert examines the experience of countries across the globe to reveal what has worked, what needs changing, and who the winners and losers are under different...
The traditionally, and wrongly, imagined vulnerabilities of the welfare state are economic.The true threats are demographic and political.The most frequently imagined threat is that the welfare state package reduces the level and growth of GDP. It does not, according to...
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