Economy and Society in Europe
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Economy and Society in Europe

A Relationship in Crisis

Edited by Luigi Burroni, Maarten Keune and Guglielmo Meardi

While an economy is always ‘embedded’ in society, the relationship between the two is undergoing profound changes in Europe, resulting in widespread instability which is emphasised by the current crisis. This book analyses these changes, and in particular pressures of intensifying international competition, globalization and financialization within Europe.
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Chapter 3: The Political Economy of Social Investment

Anton Hemerijck

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3. The political economy of social investment Anton Hemerijck 1. INTRODUCTION Most comparative welfare state researchers divide the postwar era into two periods: a phase of construction and expansion, from 1945 to the mid1970s, and one of consolid...

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