Is globalization undermining the welfare state? the evolution of the welfare state in developed capitalist countries during the 1990s
Navarro, V.; Schmitt, J.; Astudillo, J.
International Journal of Health Services Planning Administration Evaluation 34(2): 185-227
2004
ISSN/ISBN: 0020-7314 PMID: 15242155 DOI: 10.2190/hh78-ph0u-1tln-er9lDocument Number: 256841
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.