Social insurance in Europe: A comparative legal study

Abstract

The relevance of the study of social insurance in Europe is conditioned by the fact that social insurance is one of the important areas in the social policy of the state, and the development of this sector provides an effective mechanism for protecting the population, which determines the level of economic stability of the country. The purpose of the study is to conduct a comparative legal analysis of the functioning of social insurance in European countries, which can be carried out due to the methodological approaches used in the paper, revealing both the theoretical and practical components. These methods include the theoretical methodological approach, the formal legal methodological approach, the methods of comparative analysis, deduction, induction, synthesis, etc. As a result, a theoretical aspect was investigated that reveals the concept of “social insurance” and the mechanism of implementation of the sector under study, with the allocation of its inherent features and principles on which its activities are based; the experience of functioning of social insurance in such European states as Germany, Great Britain, Denmark, France, Sweden, and Finland was studied, as a result of which the activities of this sector were considered through the prism of the legal doctrine of each of the states and the experience of conducting social policy. The results obtained allowed conducting a comparative analysis of social insurance in each of the studied countries with the allocation of advantages and disadvantages in each of them, which made it possible to assess the effectiveness of social policy in them and highlight the optimal model of the social state