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The Party's Over - The End of the Welfare State Boom in Western Europe (Hardcover)
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The Party's Over - The End of the Welfare State Boom in Western Europe (Hardcover)
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The Party's Over: The End of the Welfare State Boom in Western
Europe provides the first comprehensive account of the West German
Pension Reform Law 1972 (Rentenreformgesetz 1972 - RRG 1972), which
marked the end of the period of rapid welfare state growth in
Western Europe after World War II. Alfred C. Mierzejewski uses
extensive archival research to explore how the law was conceived,
how it was modified and expanded during parliamentary debate, and
the effects that it had after it was enacted. Mierzejewski puts the
reform into Western European context by comparing it with British
and French efforts to develop their public pension systems since
the seventeenth century. In doing so, The Party's Over highlights
both the general trends in post-World War II Western European
welfare state development as well as the differences in how these
three countries organized and managed their pension plans.
Mierzejewski underscores the political risk that endangers old age
pensions delivered by government mandated pay-as-you-go systems and
demonstrates how policy matters, revealing how the end of the West
European welfare state boom is relevant and significant for both
workers and retirees today.
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