Modernising Social Policy for the New Life Course

image of Modernising Social Policy for the New Life Course

This seminar proceedings examines whether the current designs of social protection systems in OECD societies are well-suited to contemporary life-course realities. It looks in detail at recent policy developments in OECD countries to develop more flexible time-based social policies, as well as related issues, such as asset-based welfare programmes, as well as policies to encourage redistribution of income and/or time over the life course and how these might be structured most effectively.


Redistribution across the Life Course in Social Protection Systems

An Overview

Public social spending varies a lot across OECD countries. Its share of GDP is closely related to the degree of “universality”, i.e. the extent to which individuals receive benefits. The lowest figures are currently found in Anglo-Saxon countries, while the highest appear in the Nordic countries. This chapter highlights the fact that in countries with highly universal welfare state arrangements, most social spending generates intra-individual redistribution rather than inter-individual redistribution of lifetime income, in contrast to countries whose welfare systems have a strong element of targeting.


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