Transformations of the Welfare State: Small States, Big Lessons

Transformations of the Welfare State gives a new twist to the longstanding debate on the impact of economic globalization on the welfare state. The authors focus on several small, advanced OECD economies in order to assess whether (and how) the welfare state will be able to compete under conditions of an increasingly integrated world economy.

Small states can be seen as an ‘early warning system’ for general trends, because of their dependence on world markets and vulnerability to competitive pressures. The book’s theoretical part innovatively integrates the literature on the political economy of small states with more recent research on the impact of globalization on social policy to generate a set of ideal-typical policy scenarios. In the main body of the book, the authors systematically test these scenarios against the experience of four countries: Austria, Denmark, New Zealand, and Switzerland.