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The Political Economy of the Welfare State in Latin America - Globalization, Democracy, and Development (Hardcover)
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The Political Economy of the Welfare State in Latin America - Globalization, Democracy, and Development (Hardcover)
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This book is one of the first attempts to analyze how developing
countries through the early twenty-first century have established
systems of social protection, and how these systems have been
affected by the processes of globalization and democratization. The
book focuses on Latin America to identify factors associated with
the evolution of welfare state policies during the
pre-globalization period prior to 1979, whilst studying how
globalization and democratization have affected governments' fiscal
commitment to social spending. In contrast with the Western
European experience, more developed welfare systems evolved in
countries relatively closed to international trade, while the
recent process of globalization that has swept the region has put
substantial downward pressure on social security expenditures.
Health and education spending has been relatively protected from
greater exposure to international markets and has actually
increased substantially with the shift to democracy.
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