Description
This book argues that the post-1970 rise in international capital mobility has not contributed to the retrenchment of developed welfare states. Nor has globalization reduced the revenue-raising capacities of governments and undercut the political institutions that support the welfare state. Rather, institutional features of the polity and the welfare state determine the extent to which the economic and political pressures associated with globalization produce welfare state retrenchment. In systems characterized by electoral institutions, social corporatist interest representation and policy-making, centralized political authority, and social insurance-based program structures, pro-welfare state interests are favored. In nations characterized by majoritarian electoral institutions, pluralist interest representation and policy-making, decentralization of policy-making authority, and liberal program structure, the economic and political pressures attendant on globalization are translated into rollbacks of social protection. Globalization has had least impact on large welfare states of Northern Europe and most effect on small welfare states of Anglo nations.
Chapter
The Impacts of International Capital Mobility: Diminished Democracy?
The Economic Logic of International Capital Mobility
The Political Logic of International Capital Mobility: Interests and Ideas
The Indirect Effects of Globalization
The Resilience of the Welfare State?
A Summary of Principal and Supplementary Hypotheses
Global Capital, Democratic Institutions, and the Welfare State
The Polity: Institutions for Interest Representation
The Polity: Organization of Authoritative Decision Making
The Institutional Structures of the Welfare State
An Overview of Political Institutions Hypotheses
Measuring Democratic Political Institutions
3 Global Capital, Political Institutions, and Contemporary Welfare State Development: Quantitative Analysis
The Structure and Recent Development of Advanced Social Welfare States
A Note on Empirical Indicators
The Quantitative Analysis of Globalization, Political Institutions, and Welfare Effort
The Methodological Approach to Quantitative Analysis
Results of the Econometric Analysis
Democratic Institutions and the Mediated Impacts of Globalization
Disaggregating the Analysis
What We Know: Summing up the Quantitative Analysis
4 Big Welfare States in Global Markets: Internationalization and Welfare State Reform in the Nordic Social Democracies
The Nordic Welfare States: Characteristics, Continuities, and Change
Patterns of Welfare State Change in the Nordic Cases
International Capital Mobility in the Nordic Cases
Globalization and Social Policy Change in Sweden
Globalization and the Danish Welfare State
Internationalization and Finnish Social Policy
Global Capital and Policy Change in the Norwegian Welfare State
Globalization, Political Institutions, and Welfare State Reform in the Nordic Countries
Internationalization, Political Institutions, and the Nordic Welfare States
5 Globalization and Policy Change in Corporatist Conservative Welfare States
The Corporatist Conservative Welfare States
A Synopsis of Trends in Social Welfare Protection
Internationalization and Policy Change in the Corporatist Conservative Welfare States
Globalization and the German Welfare State
Global Markets and the French Welfare State
Internationalization and the Italian Welfare State
Globalization, Political Institutions, and Corporatist Conservative Welfare States
6 Internationalization and Liberal Welfare States: A Synopsis
Social Welfare Policy Change in the United States
Internationalization and U.S. Social Welfare Reform
Political Institutions and Policy Change in the American Welfare State
Internationalization and Retrenchment of the British Welfare State
Internationalization, Political Institutions, and the British Welfare State
An Overview: Australia, Canada, and New Zealand
7 Assessing Long-Term Impacts: The Effect of Globalization on Taxation, Institutions, and Control of the Macroeconomy
International Capital Mobility and Taxation
An Overview of Theory and Evidence
Assessing the Tax Impacts of International Capital Mobility
Internationalization and Political Institutions: The Case of Social Corporatism
Globalization and Social Corporatism: Empirical Evidence
Globalization and Control of the Macroeconomy
8 Conclusions: National Welfare States in a Global Economy
Principal Conclusions and Summary of Findings
Contributions to Theories of the Welfare State and Globalization
Implications: Future Trajectories of Developed Welfare States
Data for Computation of Variables Measuring Internationalization
Data for Computation of Variables Measuring Aspects of Policy/Government/Politics
Appendix B: Alternative Estimators
Global Capital, Political Institutions, and Policy Change in Developed Welfare States
( Cambridge Studies in Comparative Politics )
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