The Economic Effects Of British Social Security System And The Enlightenment To China

Modern social security system is one of symbols of the human civilization and social progress, since the modern social security system has been produced, its development and reform is highly focused by governments and scholars. Social security system is the social economy "stabilizer", Adaptability to economic development level can not only promote economic and social development, but also greatly maintain social stability and the stability of the state.At present China's ongoing economic reform, just built up the social security system, there are still many shortcomings, which is the weak link in social and economic transformation, we need further improvement. we need to research and analysis the establishment and development of the social security system on other countries, learning the valuable experiences and lessons, we can avoid detours during the reform of social security system in China.Britain is the world's first welfare state established its social security system, which has the longest history of development and improvement. Britain is one of the countries which have established the world's most successful social security system, since its establishment, the social security system of "from cradle to grave" was quickly learn by other countries in the West, has also been gradually extended to the world, become an important component of modern market economy. British welfare state system established since World WarⅡ, has experienced more than 20 years of glorious history, playing an important influence for social stability and economic development. In the 1970s, along with the oil crisis, the conomic development of the Western welfare state has slowed down, high welfare spending has became a heavy burden on the government, Britain and other Western welfare state arise welfare crisis, the British Government began to reform the welfare system, and achieved some results. From the original evolution of theory to the later formation and reform of the system, this high welfare system has experienced a long stage of search, development and maturity. In the operation of the social security system, Britain has a unique and clear guidance. "Stones from other hills, we can learn," Through the theoretical and practical analysis of British social security system, we can learn from successful experiences and failures in the course of development, for fledgling to establish and perfect social security system in China, it has important theoretical and practical value.This article describes the British social security system and the Evolution of the theoretical basis, and the operation of the British social security system and reform of the crisis were reviewed. On the basis of recalling the establishment of British social security system and the development of the theory, this article uses quantitative analysis method to research the running effect of the British social security system. This article use the British social security and key macroeconomic variables data as the sample, and study the level of social security and economic growth, unemployment, investment, savings, consumption, the correlation between the proportion of elderly population. The empirical results show that:during the inspection, the level of the British social security impediment to economic growth is evident, social security level of domestic investment, private savings have a significant inhibitory effect; the British social security level has a positive correlation with the unemployment rate, rising unemployment and raise the level of social security expenditure; when the unemployment rate, the level of social security expenditure also increase; Social Security significantly promote consumer; when the proportion of elderly population rising, rising levels of social security; government fiscal deficit, the welfare of individual residents in the high-income countries in the forefront, and the empirical results provide a reasonable explanation. This article also used related economic theories to study in-depth the mechanism of economic effect of the British social security system; consider that the mutual influence between the British social security system and macroeconomic performance for two aspects:The support function of social and economic development on social security level, as well as feedback of social security level on economic and social; level of economic development determines the supply of social security ceiling, the elderly population determines the supply of a certain period of minimum social security, social and political conditions and economic cycles on the level of social security constitutes a disturbance factor, combined action, affect the operation of the entire social security system; when analyze the feedback on the British social security system to the development of economic and social, focusing on the mechanism of the British social security system to economic growth, and explained from four aspects:residents, government, business and social environment. Then described in detail the influence of the level of the British social security on consumption, savings, government revenue and expenditure, production investment, labor supply and demand, elderly population, and other intermediary variables, and exert an influence to economic growth.Finally, analyzes the status of China's social security system and the existing problems, revealing the inspiration of the British social security system to the construction and reform of China's social security system. When China establish a social security system, can't copy the British model, it should be based on China's national conditions; and focus on improvement of the social security system, pay attention to the integration of various systems and the division of labor; focus on social security financing of multi-channel; note that the level of social protection with economic development level; and pay attention to Improve the efficiency of management of social security funds; strengthen the social security legal system.