Welfare Retrenchment, Government Expenditure Structure, and Economic Growth: A Perspective of Marx’s Capital Circulation Theory
Review of Radical Political Economics
Published online on February 21, 2025
Abstract
Review of Radical Political Economics, Volume 58, Issue 1, Page 102-131, March 2026.
This article considers the impact of government expenditure structure on economic growth. We discuss whether welfare retrenchments in European countries are conducive to overcoming debt crises. By introducing the government sector into the circuit of ...
This article considers the impact of government expenditure structure on economic growth. We discuss whether welfare retrenchments in European countries are conducive to overcoming debt crises. By introducing the government sector into the circuit of ...