Is globalization undermining the welfare state? The evolution of the welfare state in developed capitalist countries during the 1990s.
The authors analyze the evolution of macro-indicators of social and economic well-being during the 1990s in the majority of developed capitalist countries, grouped according to their dominant political traditions since the end of World War II. Their analysis shows that, despite the economic globalization of commerce and finance, "politics still matters" in explaining the evolution of the welfare states and labor markets in these countries; the impact of the globalization of financial capital in forcing reductions in the financial resources available for welfare state purposes has been exaggerated.
Navarro
Vicente
V
Department of Health Policy and Management, John Hopkins University, Baltimore, MD 21205, USA. vnavarro@jhsph.edu
Schmitt
John
J
Astudillo
Javier
J
D019049:Developed Countries; D049673:History, 20th Century; D038622:Internationality; D011057:Politics; D012946:Social Welfare / Q000266:history* / Q000639:trends