The pursuit of welfare efficiency: when institutional structures turn ‘less’ into ‘more’
Christina Steinbacher
Abstract:Addressing current socio-economic crises strains public budgets and may threaten fiscal sustainability. Particularly in the welfare sector, where high expenditures meet poor controllability, efficient resource usage is essential to ensure future governments’ capability to act while alleviating current problems. Consequently, this paper asks: why are some countries more efficient in translating social expenditure into welfare outcomes? To answer this question, it is argued that efficiency is a matter of institu… Show more
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