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Full Description
This book primarily explores the welfare-policy responses to the Great Recession, reform trajectories that swept across Europe over the last decade, with a final chapter that focuses on Covid-19 welfare management. The 2008 crash marked a critical stress test for European welfare states with dramatic repercussions, including a massive surge in unemployment, a widening in wage and income disparities, and rising poverty. Hikes in fiscal deficits and public debt, required to pre-empt an economic meltdown, forced policymakers to make painful cuts in welfare services to shore up public finances, thereby jeopardizing welfare support for vulnerable groups. The overall scope of welfare-policy responses is heterogeneous, disparate, and uneven. In some cases, the response to the Great Recession was accompanied by deep social conflicts, while in others unpopular crisis-management measures received broad consent from opposition parties, trade unions, and employer organizations. Alongside serious retrenchments, there have been assertive attempts to rebuild social programmes and institutions, to accommodate policy repertoires-not merely domestically but also at the EU level-to the new realities of the knowledge economy and an ageing society. Overall, the long 2010s showed that the future of work and welfare is in our hands: it is perfectly possible to shape this future in such a way as to provide inclusive social security, achieve high employment, advance and maintain human capabilities across the life-course, and fight poverty and inequality.
Contents
1: Anton Hemerijck and Manos Matsaganis: The welfare state's resolve
2: Anton Hemerijck and Manos Matsaganis: Welfare performance over the long 2010s
3: Anton Hemerijck and Manos Matsaganis: Welfare performance over the long 2010s
4: Manos Matsaganis and Andrea Parma: Buffering the Great Recession and the eurozone crisis
5: Ilze Plavgo and Anton Hemerijck: Under the spell of austerity: welfare reform across Europe between 2008 and 2014
6: Ilze Plavgo and Anton Hemerijck: Fostering resilience: Welfare policy change across Europe between 2015 and 2019
7: Anton Hemerijck and Manos Matsaganis: The legacy of the eurozone crisis
8: Francesco Corti and Anton Hemerijck: Social Europe in a bind, no more?
9: Anton Hemerijck and Manos Matsaganis: Towards a social compass for inclusive and sustainable growth
