Social assistance benefits have seen major developments in many countries over the last decades. Our research explores the benefit developments, their determinants and the impact of the benefit changes on income polarization.
On 27 November 2015 the Dutch Supreme Court delivered its judgment in an interesting case concerning a Ponzi scheme. It ruled that the bank where the swindler held his accounts had a special duty of care towards the investors, who were third parties.
Obama calls it the “defining challenge of our time”. Head of IMF Lagarde says it casts “a dark shadow … across the global economy”. Income inequality went up considerably in most rich countries. How can we explain this & what are possible consequences?