LAMPING, Wolfram

From the Conservative welfare state to an 'uncertain something else' : German pension politics in comparative perspective - UK : Policy Press, apr. 2004

The 2001 German pension reform represents the beginning of a new welfare politics of a new welfare state. It adds to the former exclusively pay-as-you-go financed public system a capitalfunded private pillar. This private pillar is a politically regulated welfare market. The new pension policy is a striking example of a structural reform in a politically risky policy field. This change was made possible by two processes: first, running out of options in respect of traditional concepts of problem solving and, second, a new experimental policy style. As a result, the new German welfare state is on an irrevocable path from a conservative welfare state to a new recombinant type mixing different elements of 'worlds of welfare'