Economic Effects of Welfare Essay Example | Topics and Well Written Essays - 750 words

Economic Effects of Welfare - Essay ExampleIn upbeat states, such procedures are applied by governments which help to improve lives of needy individuals. These might include inactive physically or mentally disable people, widows and orphans. It has been always important to see what effect these welfare activities abdicate on an economy. Design Different researchers have analyzed these effects differently by focusing on a specific area. The important aspects included in economic effects of welfare are as under It helps in the alleviation of pauperisation by face-off individuals needs. Link amongst percentages of Gross Domestic Production (GDP) spent on welfare economic indicators. Impact of welfare policies on poverty. Capabilities of individuals can be improved and they can participate in economic success and growth. Structural factors and poverty Findings All four above mentioned aspects are discussed under here Alleviate poverty by meeting needs In a research by Severine and Shahani, ... On analysis of economic indicators of both countries, it was bring that indicators of United States were not performing well as compared with other countries. It concluded that welfare lead to be on and development of economy. Welfare Policies and poverty Kenworthy (1119-1139) conducted a research Do social-welfare policies reduce poverty? A cross-national assessment, to incur whether there is any evidence of relationship between welfare policies and poverty by collecting information using quantitative technique. Kenworthy besides investigated that how these variables operate in different countries. These welfare programs have positive carry on on economic conditions of developing countries as they spend more for welfare. Welfare enhances capabilities of individuals A research by Sen (13-34) The Perspective of Freedom In Development as Freedom, found that while welfare system enhances capabilities of an individual, it also helps them to participate in success of society. Data was collected through questionnaires. Sen discussed that success shows a path for exemption and freedom leads to development of an individual as well as a society. It is concluded in Sens research that free society is more likely to experience economic and social stability and development Structural factors and poverty In a research by Brady, Structural Theory and Relative penury in Rich Western Democracies, effect of welfare on five structural factors namely manufacturing employment, hoidenish employment, female labor force participation, the elderly population, and children in single mother families were analyzed. Data was gathered via longitudinal survey. The