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

Cover......Page 1
Half-title......Page 3
Series-title......Page 5
Title......Page 7
Copyright......Page 8
Dedication......Page 9
Contents......Page 11
Tables......Page 13
Preface......Page 15
1 Introduction......Page 19
Global Capital, Democratic Institutions, and the Welfare State: A Theoretical Overview......Page 21
The Methodological Approach: Combining Quantitative and Qualitative Analysis......Page 26
The Organizational Structure of Analysis......Page 30
International Capital Mobility: An Overview......Page 33
The Impacts of International Capital Mobility: Diminished Democracy?......Page 38
The Economic Logic of International Capital Mobility......Page 39
The Political Logic of International Capital Mobility: Interests and Ideas......Page 41
The Indirect Effects of Globalization......Page 44
The Resilience of the Welfare State?......Page 47
A Summary of Principal and Supplementary Hypotheses......Page 50
Global Capital, Democratic Institutions, and the Welfare State......Page 52
Interests......Page 55
The Polity: Institutions for Interest Representation......Page 59
The Polity: Organization of Authoritative Decision Making......Page 64
The Institutional Structures of the Welfare State......Page 69
An Overview of Political Institutions Hypotheses......Page 74
Measuring Democratic Political Institutions......Page 77
3 Global Capital, Political Institutions, and Contemporary Welfare State Development: Quantitative Analysis......Page 85
The Structure and Recent Development of Advanced Social Welfare States......Page 86
A Note on Empirical Indicators......Page 91
The Methodological Approach to Quantitative Analysis......Page 92
Results of the Econometric Analysis......Page 104
A Run to the Bottom?......Page 108
Supplementary Hypotheses......Page 110
Democratic Institutions and the Mediated Impacts of Globalization......Page 113
Disaggregating the Analysis......Page 121
What We Know: Summing up the Quantitative Analysis......Page 135
4 Big Welfare States in Global Markets: Internationalization and Welfare State Reform in the Nordic Social Democracies......Page 140
The Nordic Welfare States: Characteristics, Continuities, and Change......Page 141
Patterns of Welfare State Change in the Nordic Cases......Page 147
International Capital Mobility in the Nordic Cases......Page 148
Globalization and Social Policy Change in Sweden......Page 151
Globalization and the Danish Welfare State......Page 160
Internationalization and Finnish Social Policy......Page 165
Global Capital and Policy Change in the Norwegian Welfare State......Page 168
Globalization, Political Institutions, and Welfare State Reform in the Nordic Countries......Page 170
Internationalization, Political Institutions, and the Nordic Welfare States......Page 174
5 Globalization and Policy Change in Corporatist Conservative Welfare States......Page 179
The Corporatist Conservative Welfare States......Page 180
A Synopsis of Trends in Social Welfare Protection......Page 185
Internationalization and Policy Change in the Corporatist Conservative Welfare States......Page 186
Globalization and the German Welfare State......Page 188
Global Markets and the French Welfare State......Page 207
Internationalization and the Italian Welfare State......Page 219
Globalization, Political Institutions, and Corporatist Conservative Welfare States......Page 229
6 Internationalization and Liberal Welfare States: A Synopsis......Page 236
Social Welfare Policy Change in the United States......Page 237
Internationalization and U.S. Social Welfare Reform......Page 241
Political Institutions and Policy Change in the American Welfare State......Page 245
Internationalization and Retrenchment of the British Welfare State......Page 247
Internationalization, Political Institutions, and the British Welfare State......Page 251
An Overview: Australia, Canada, and New Zealand......Page 256
7 Assessing Long-Term Impacts: The Effect of Globalization on Taxation, Institutions, and Control of the Macroeconomy......Page 261
International Capital Mobility and Taxation......Page 262
An Overview of Theory and Evidence......Page 263
Assessing the Tax Impacts of International Capital Mobility......Page 270
Internationalization and Political Institutions: The Case of Social Corporatism......Page 275
Globalization and Social Corporatism: Empirical Evidence......Page 276
Globalization and Control of the Macroeconomy......Page 283
Summing Up......Page 290
8 Conclusions: National Welfare States in a Global Economy......Page 292
Principal Conclusions and Summary of Findings......Page 293
Contributions to Theories of the Welfare State and Globalization......Page 301
Implications: Future Trajectories of Developed Welfare States......Page 304
Data for Computation of Variables Measuring Aspects of Policy/Government/Politics......Page 308
Socioeconomic Data......Page 311
Appendix B: Alternative Estimators......Page 312
References......Page 317
Index......Page 343