Comparative welfare economic analysis

Author: Wang Zhikai
Publisher:
Publish Date: 2004-06-01
Features: The welfare economic development model is both an innovation in social political systems (welfare society) and an advancement in economic thought. Western welfare economic systems, Nordic welfare economic systems, and the entire European welfare economic system all developed and matured based on Keynesian theory and Beveridge's report on social welfare. The U.S. welfare system in a free-market environment also followed a similar path of growth and development as European welfare economic systems. Even today, as the U.S. has moved far down the path of free markets, its welfare economic system still reflects the development perspective of Keynesian welfare thought. It is certain that welfare economics, as a scientifically rational political form, a highly democratic social consciousness, and an economic system and model pursuing the maximization of of resource allocation, holds positive and far-reaching significance for economic development and social progress. In fact, contemporary welfare economics has shifted from being seen as an obstacle to economic globalization to becoming a significant driving force aligned with the direction of global economic integration. The book "Comparative Welfare Economic Analysis" studies the intellectual origins and theoretical evolution of welfare economics from a global perspective, comparing and analyzing the reform practices and development of different welfare economic models at the global level. Building on comparative analysis of major Western welfare economic systems, the book observes welfare economic systems in East Asia and Southeast Asia, with a particular focus on systematically examining and evaluating the development of China's welfare economic system. This offers positive guidance for the strategic development of China's social welfare system after its entry into the WTO. The book is rich in content, well-documented, and presents clear viewpoints. The chapter structure is compact, with each chapter addressing specific topics or content related to understanding welfare economic systems. Most chapters can be read and used independently. This book serves as an invaluable guide for teaching, research, and practice in comparative welfare economics or comparative social security economics.

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