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Full Description
In response to the global financial crisis, many OECD countries reduced public spending on social policies, with economists now often referring to 'permanent austerity'. Long before the crisis, however, slow economic growth and population aging had already increased the need for rebalancing social expenditure and yet social protection was still far from adequate in many countries. Social Policies in an Age of Austerity is the first major publication on this important topic.The authors of the ten chapters in this book review recent developments in social policies in OECD countries, focusing on the United States and the Republic of Korea, and examining the use of program evaluation in social policies and drawing lessons for policymakers. The contributions cover social and fiscal policy and issues in labor market policy, in addition to the effectiveness of social insurance, education and antipoverty policy.
The policies outlined and lessons provided in the book will continue to be valuable to governments, and scholars of advanced and developing countries for decades to come, and to research institutes involved in government and social policy.
Contributors: D. Autor, B.-G. Chun, W. Chung, H. Kim, Y. Koh, A.B. Krueger, S.-H. Lee, H.-H. Li, H. Moon, D.W. Schanzenbach, J.K. Scholz, H. Yoo, J.P. Ziliak
Contents
Contents:
PART I SOCIAL AND FISCAL POLICY
1. Introduction and Overview
John Karl Scholz, Hyungpyo Moon and Sang-Hyop Lee
2. Tax and Spend: The Interplay of Fiscal and Social Policy
John Karl Scholz and Hsueh-Hsiang Li
3. The Social Safety Net in Korea: From Welfare to Workfare
Youngsun Koh
PART II ISSUES IN LABOR MARKET POLICY
4. Understanding Differences in Job Growth in Europe, Canada and the United States: What Went Wrong in the United States?
Alan B. Krueger
PART III SOCIAL INSURANCE AND POLICY EFFECTIVENESS
5. The Unsustainable Rise of the Disability Rolls in the United States: Causes, Consequences and Policy Options
David H. Autor
6. Expanding Coverage of the National Pension in Korea: The Effectiveness of the Matching Contribution Subsidy
Hyungpyo Moon
PART IV EDUCATION POLICY EFFECTIVENESS
7. Current Themes in Education Policy in the United States
Diane Whitmore Schanzenbach
8. After-school Classes in Korea: Effects on the Demand for Private Tutoring and Academic Performance
Hisam Kim
PART V ISSUES IN ANTIPOVERTY PROGRAMS
9. Recent Developments in Antipoverty Policies in the United States
James P. Ziliak
10. Korea's Basic Old-Age Pension and its Poverty Reduction Effects
Wankyo Chung
11. Effects of Government Subsidies on Investment by Small Companies
Bong Geul Chun and Hanwook Yoo
Index