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Home Opinion Ideas & Debate Social investment and the future of the welfare state

Social investment and the future of the welfare state

A key challenge for government and policymakers is to find ways to manage the tension between a fast-moving, innovation-based economy and the risk of widening inequalities. The disruption associated with technological change and globalisation makes this as pressing as ever as major firms, jobs and industries will be swept away in the ‘perennial gale’ of economic change.

The social investment model of the welfare state is conceived as a means to address the central challenges of the high-skilled knowledge economy, and to ensure people have access to good jobs, education and skills. Policy Network and the Friedrich-Ebert-Stiftung have published a series of papers assessing this approach.


Preventative policy in action: North Rhine-Westphalia
Benjamin Franklin once said "an ounce of prevention is worth a pound of cure"; north Rhine-Westphalia shows that the proverbial insight is not only true in terms of preventative policy, but also shows that prevention can help us to avoid social follow-up costs.
By Hannelore Kraft

Social investment policies: a new wave
Protective welfare states are still needed to give people the confidence to take risks in this disruptive new age.
By Colin Crouch

How the Nordic model weathered the crisis
Regular welfare reform and sustaining a broad political consensus underlie the Nordic model's continuing strength; however, structural challenges remain.
By Lisbeth Pedersen

National social investment strategies in the shadow of the economic crisis
A discussion on social investment in Europe, national policy on social investment strategies, and future prospects for such strategies.
By Hugh Frazer and Sebastiano Sabato





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