Financial Stability
11 September 2018

Welfare state – Necessity not luxury

  • Venue: Central Bank of Malta, Binja Laparelli, Valletta
    Entrance to Binja Laparelli is from Triton Square
  • Date From: 11/09/2018 11:00:00
  • Date To: 11/09/2018 12:00:00
  • Contact Person: Dr Aaron G Grech
  • Contact Email: [email protected]

Prof Nicholas Barr
(Photo: www.roblaceyphotographer.co.uk)

Central Bank of Malta Public Lecture

Professor Nicholas Barr (Department of Economics, London School of Economics and Political Science)
will deliver a lecture on

Welfare state - Necessity not luxury

The lecture will outline four sets of reasons why countries have a welfare state: to address market failures, to share risk, to assist economic growth and to address distributional concerns. It then will discuss the design of welfare states, considering, in turn, the approaches taken to address income risks in working life and retirement, health, skills and social risks. It will conclude with a discussion of how to combine good design with fiscal sustainability.

Registration is required on [email protected]

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