The paper examines the evolution of social welfare models from the point of view of various approaches and classifications. The classification of models the most suitable to modern situation is revealed. Intrinsic characteristics of the known models and indicators of their efficiency taking into account the functioning institutions in different countries are provided. The features of the contemporary model of social welfare in Russia which allow defining its position are explored. It is shown that the contemporary model of social welfare in Russia inclines towards continental model whereas the Swedish one is the most preferable. Contours of the perspective social welfare model within general economic development of the country are shown. The problems slowing down the transition to an effective model are revealed and the possible ways of their decision are proposed. In particular it is shown that the Russian model of social welfare is developing within neoclassical model of economy that causes creation of social policy with weak state regulation. The citizens' distrust to government and possibility of receiving social benefits is considered as a problem of transition to the effective Swedish model.
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