Your task is to evaluate the impact of a new policy or a policy change on the British society from the welfare economics perspective in an essay. You can choose a policy to evaluate yourself. It needs to be a policy that has not been implemented yet. Alternatively, you can evaluate the impact of the UK re-joining the EU.
1. Evaluate the status quo versus the new policy according to the weak and strong Pareto criteria.
Answers
Answer:
Abstract
The developments and changes in the social life have led to change in the social needs. Therefore, problems and their solutions also change. The industrial revolution which realized in the eighteenth century had some important impacts not only on the economic life but also on social structure. It was aimed to solve social problems and ensure prosperity through social policies, which is a multidisciplinary field, and consequently, the concept of welfare state emerged. The states, which had liberal concerns and traditional protection functions and reached a powerful position with their internationalist approaches, underwent a transformation period because of the economic and social developments which took place in the last quarter of the twentieth century. It has been subject of criticism that states increased the social expenses to satisfy the social needs and therefore caused an economic crisis in this period when the effects of globalization were discussed. In this study, the change and transformation process in the welfare states and their social policies at the global scale will be handled conceptually and from the historical development perspective. Making determinations about the past and present, as well as having assumptions for future, this study aims to contribute to literature.
Explanation:
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