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Cambridge Studies in Comparative Politics : Global Capital, Political Institutions, and Policy Change in Developed Welfare States - Duane H. Swank

Cambridge Studies in Comparative Politics

Global Capital, Political Institutions, and Policy Change in Developed Welfare States


Published: 25th February 2002
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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.

'... combines Swank's impressive mastery of econometric methods with an equally sensitive and informed qualitative observation of selected cases.' Journal of Public Policy 'The book is based on sound empirical material and sophisticated analysis ... it is highly accessible to both advanced scholars and beginning graduate students.' West European Politics

Globalization, democracy, and the welfare state
Global capital, political institutions, and contemporary welfare state development: quantitative analysis
Big welfare states in global markets: internationalization and welfare state reform in the Nordic social democracies
Globalization and policy change in corporatist conservative welfare states
Internationalization and liberal welfare states: a synopsis
Assessing long-term impacts: the impact of globalization on taxation, institutions, and control of the macroeonomy
Conclusions: national welfare states in a global economy
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521806688
ISBN-10: 0521806682
Series: Cambridge Studies in Comparative Politics
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 352
Published: 25th February 2002
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 23.7 x 15.6  x 2.3
Weight (kg): 0.69