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Transformations of the Welfare State - Small States, Big Lessons (Hardcover)
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Transformations of the Welfare State - Small States, Big Lessons (Hardcover)
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Transformations of the Welfare State gives a new twist to the
longstanding debate on the impact of economic globalization on the
welfare state. The authors focus on several small, advanced OECD
economies in order to assess whether (and how) the welfare state
will be able to compete under conditions of an increasingly
integrated world economy.
Small states can be seen as an 'early warning system' for general
trends, because of their dependence on world markets and
vulnerability to competitive pressures. The book's theoretical part
innovatively integrates the literature on the political economy of
small states with more recent research on the impact of
globalization on social policy to generate a set of ideal-typical
policy scenarios. In the main body of the book, the authors
systematically test these scenarios against the experience of four
countries: Austria, Denmark, New Zealand, and Switzerland.
The comparative, in-depth analysis of reform trajectories since the
1970s in four key policy areas; pensions, labor market policy,
health care, and family policy provides, according to the authors,
substantial evidence of a new convergence in welfare state
patterns. They go on to argue that this amounts to a fundamental
transformation of the welfare state from the old Keynesian welfare
state positioned 'against the market' to a new set of supply-side
policies 'with' and 'for' the market. Yet one of the big lessons to
be learned from this timely study is that the transformation does
not match the doomsday scenario predicted by neo-classical
economists in the 1990s. There is no evidence of a 'race to the
bottom' of social expenditure and standards of social protection,
nor of a convergence towards a 'liberal' social policy model.
Looking to the possible future of the welfare state in an era newly
marked by profound uncertainty, the authors sound an optimistic
note for states of any size.
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