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| Author: | Lindbeck, A. |
| Title: | The European social model: Lessons for developing countries |
| Journal: | Asian Development Review
2002 : VOL. 19:1, p. 1-13 |
| Index terms: | Economic development Developing countries Policy Europe |
| Language: | eng |
| Abstract: | In particular, the least developed countries probably have more to learn from social policies in Europe during the early 20th century than from the elaborate welfare-state arrangements after World War II. In addition to macroeconomic growth and stability, the main ambitions must be to fight human deprivation, incl. illiteracy, malnutrition, and poor access to water and sanitation etc. The European experience also warns against the creation of social systems that are so generous that disincentives, moral hazard, and receding social norms seriously distort the national economy, incl. the labour market. |
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