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Books > Social sciences > Sociology, social studies > Social welfare & social services > Welfare & benefit systems
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Globalization and the Future of the Welfare State (Paperback)
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Globalization and the Future of the Welfare State (Paperback)
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In the last quarter of the twentieth century, the global political
economy has undergone a profound transformation. Democracy has
swept the globe, and both rich and developing nations must compete
in an increasingly integrated world economy.
How are social welfare policies being affected by this wave of
economic globalization? Leading researchers explore the complex
question in this new comparative study. Shifting their focus from
the more commonly studied, established welfare states of
northwestern Europe, the authors of "Globalization and the Future
of the Welfare State" examine policy development in the
middle-income countries of southern and eastern Europe, Latin
America, Russia, and East Asia.
Previous investigations into the effects of globalization on
welfare states have generally come to one of two conclusions. The
first is that a global economy undermines existing welfare states
and obstructs new developments in social policy, as generous
provisions place a burden on a nation's resources and its ability
to compete in the international marketplace. In contrast, the
second builds on the finding that economic openness is positively
correlated with greater social spending, which suggests that
globalization and welfare states can be mutually reinforcing.
Here the authors find that globalization and the success of the
welfare state are by no means as incompatible as the first view
implies. The developing countries analyzed demonstrate that
although there is great variability across countries and regions,
domestic political processes and institutions play key roles in
managing the disruptions wrought by globalization.
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