A3 Refereed book chapter or chapter in a compilation book
Can the investment-intervention approach deliver?; 
Authors: Erola, Jani; Moisio, Pasi; Peltoniemi, Johanna; Saikkonen, Paula
Editors: Erola, Jani; Moisio, Pasi; Peltoniemi, Johanna
Publisher: Edward Elgar Publishing
Publication year: 2026
Book title : Beyond the Nordic Welfare State : Extending Social Investments with Interventions
First page : 282
Last page: 287
ISBN: 978-1-03537-543-1
eISBN: 978-1-03537-544-8
DOI: https://doi.org/10.4337/9781035375448.00026
Publication's open availability at the time of reporting: Open Access
Publication channel's open availability : Open Access publication channel
Web address : https://doi.org/10.4337/9781035375448.00026
Self-archived copy’s web address: https://research.utu.fi/converis/portal/detail/Publication/523617455
Self-archived copy's licence: CC BY NC ND
Self-archived copy's version: Publisher`s PDF
We are witnessing a period of dramatic global change – from geopolitical conflicts and rising defence expenditures to climate change, biodiversity loss, and the structural transformations of the knowledge economy – that places mounting pressure on ageing welfare states. In this concluding chapter, we situate these challenges in historical and comparative perspectives while critically reflecting on the results presented throughout the volume. The chapter evaluates the strengths and limitations of the social investment-intervention (SI+I) framework, asking whether the integration of investments and interventions can provide the flexibility, effectiveness, and legitimacy required to sustain welfare states in the twenty-first century.
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