I’m afraid you are completely wrong. I’m not sure whether you are talking about “equity-efficiency tradeoff”? However, this relationship is far more complex than a simple tradeoff:
Many countries with extensive social safety nets (like #Nordic nations) maintain strong economic performance while providing robust #social support.
2)
Their experiences suggest that well-designed #social programs can actually enhance growth by supporting #humancapital development, reducing economic insecurity, and maintaining consumer spending during downturns.
3)Additionally, economic #stagnation often stems from multiple factors beyond social spending, including demographic changes, technological disruption, monetary (austerity) policy, (lobsided) trade (export-oriented) relationships …..
@acemaxxanalytics thanks for taking the time to answer me. I am not an expert, so sorry if my question was wrong. 🙏
