REGULATIONS IN THE SOCIAL WELFARE STATE: NORDIC COUNTRIES AND TURKEY EXAMPLE

Abstract

The Public Expenditure/GDP ratio is one of the most significant metrics that measure the state's share of the economy. It can be said that there is an interventionist state type in countries where this rate is high, or it can be argued that the share of the public sector in the economy is low in countries where this rate is low. It is also possible to argue that the countries' economic, sociological, and political factors play an essential role in determining this ratio. Regulations, which are the most important tools of the welfare state, may arise through economic controls as well as through social policies. This study aims to find an answer to the question of whether this situation is possible for a developing country such as Turkey while Nordic countries, which determine a system different from other welfare models, succeed in raising social welfare without giving up the principles such as equality and justice that they have despite the globalization effect. The data obtained by various methods were subjected to comparison using the Data Envelopment Analysis method in order to achieve this purpose. Article visualizations: