Modern Economy

Volume 2, Issue 4 (September 2011)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

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The Effects of European Austerity Programmes on Social Security Systems

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DOI: 10.4236/me.2011.24055    7,227 Downloads   14,133 Views  Citations

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ABSTRACT

The recent financial and economic crisis is intensifying the pressure for budget consolidation,increasing the likelihood of cuts in social services throughout Europe. One government after another is bringing forward a budget consolidation programme. Cuts are envisaged above all in social services and so the question arises of what effects this will have on welfare states in EU member countries and on Social Europe in general. In this study cuts in social systems are analysed and compared, both planned and already undertaken. Regardless of the different magnitudes of the austerity efforts and the policy fields concerned there can be no doubt that all austerity programmes are regressive in nature and that the option of raising incomes is being exercised far less frequently than spending cuts and this applies especially in the social realm.

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A. Heise and H. Lierse, "The Effects of European Austerity Programmes on Social Security Systems," Modern Economy, Vol. 2 No. 4, 2011, pp. 498-513. doi: 10.4236/me.2011.24055.

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