Wednesday, May 6, 2020

The Issue Of How Public Welfare Expenditures - 1958 Words

I. Introduction The issue of how public welfare expenditures are capable of positively influencing economic stability in both democracies and non-democracies is of great importance in global politics. In order understand the extent to which human welfare programs are able/unable to improve economic prosperity, the following report will focus on the example of how educational programs influence economic conditions in democracies and non-democracies. Both economic investment and general tendencies to support other welfare programs that indirectly help education, play a role in the success or failure of these programs for national economies. The hypothesis to be confirmed or disconfirmed is that heavier state control, when it comes to†¦show more content†¦Unfortunately, as the authors note, a large amount of public spending does not end up alleviating these problems, and is misallocated to programs that do not help the poor. While democracies seem to have the greatest opportunity for education al programs because they would allow the majority to vote for them, some research indicates that democracies do not guarantee greater human welfare compared to non-democracies (Keefer Khemani, 2005). The authors argue that the lack of information about, and trust in politicians, as well as social fragmentation of voters, all work to undermine the most important public welfare programs such as education(Keefer Khemani, 2005). The following will compare the educational policies of different governments and see if they helped the national economy and extent to which they were adapted to the global economy. A. Planned versus Free-Market Economies As previously noted, one of the common debates in political science is the extent to which state control of the economy influences economic growth. According to some, democratic institutions guarantee economic growth while a heavy state hand in economic policies causes stagnation. However, in the non-free market economies, education seems to have played a major role and has synergized with the necessary adaptability to the changing global technological infrastructure. After analyzing a variety of countries using both a

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.