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Whither Welfare States The Lessons from FastGrowing East Asian Emerging Economies and the Grameen Bank Model

Whither Welfare States The Lessons from FastGrowing East Asian Emerging Economies and the Grameen... The concept of welfare state gained popularity during the period when the free market mechanism already established its preeminence. The free market mechanism of the west together with the personal freedom being nurtured in an environment of democratic political institutions led to the emergence of the welfare state. The reason why the welfare state gained popularity during the period when the industrialized world was enjoying economic prosperity was because of the growing need for protecting the rights of citizens from any unforseen events regardless of their existing socioeconomic conditions. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Humanomics Emerald Publishing

Whither Welfare States The Lessons from FastGrowing East Asian Emerging Economies and the Grameen Bank Model

Humanomics , Volume 16 (2): 16 – Feb 1, 2000

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References (4)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0828-8666
DOI
10.1108/eb018850
Publisher site
See Article on Publisher Site

Abstract

The concept of welfare state gained popularity during the period when the free market mechanism already established its preeminence. The free market mechanism of the west together with the personal freedom being nurtured in an environment of democratic political institutions led to the emergence of the welfare state. The reason why the welfare state gained popularity during the period when the industrialized world was enjoying economic prosperity was because of the growing need for protecting the rights of citizens from any unforseen events regardless of their existing socioeconomic conditions.

Journal

HumanomicsEmerald Publishing

Published: Feb 1, 2000

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