Social Foundations of Postindustrial Economies by Gosta Esping-Andersen

Author:Gosta Esping-Andersen
Language: eng
Format: epub, pdf
Publisher: OUP Oxford

17 For a period, old-age pensions became universal rights benefits, but are now again incometested. For a general, comparative presentation of the Australian system, see also Saunders (1994).

It is possible that the Antipodean model provided a package of welfare guarantees that was essentially 'social democratic' in the 1960s and 1970s. Like Britain, however, the passage of time is pushing Australia—and certainly New Zealand—towards what appears as prototypical liberalism: minimal state and maximum market allocation of risks, and the market side of the coin appears increasingly genuinely market.

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