WP6 builds on the results of WPs 3-5 by identifying which megatrends create challenges for the welfare state and public finances. The WP has several objectives, including quantifying how key megatrends affect public finances by examining changes in social security contributions, tax revenue, and social security system coverage, as well as projecting these changes for the future. Another objective is to assess the demand for and necessity of new forms of social security. Additionally, WP6 aims to evaluate the fiscal and distributional effects of welfare state adjustments due to key megatrends, with a focus on increasing coverage of new forms of employment and vulnerable groups. Finally, WP6 aims to provide evidence-based policy recommendations on welfare states, informed by the findings of the previous WPs. Through these objectives, WP6 aims to provide a comprehensive understanding of the impact of megatrends on public finances and social security systems, and how policy adjustments can be made to address the challenges posed by these trends.
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Research Executive Agency. Neither the European Union nor the granting authority can be held responsible for them.
This project, WeLaR, has received funding under the Horizon Europe programme.