BiblioVault - Books about Developed countries

Egalitarian Capitalism

Jobs, Incomes, and Growth in Affluent Countries

Lane Kenworthy

Russell Sage Foundation, 2004

Declining participation in labor unions, the movement toward a service-based economy, and increased globalization have cast doubt on the extent to which welfare states can continue to stem inequality in market economies over the long-term. Does the new economy render existing models of social assistance obsolete? Do traditional welfare states hamper economic and employment growth, thereby worsening the plight of the poor? Lane Kenworthy offers a rigorous empirical analysis of these questions in Egalitarian Capitalism. The book examines sixteen industrialized countries in North America, Western Europe, and Scandinavia—each with different approaches to assisting the poor—to see how successful each has been in developing its economy and curbing inequality over the past twenty years. Kenworthy finds that inequality grew in almost all of these countries, from the most progressive to the least. Using simple but powerful statistical tests, he assesses the theory that inequality is necessary to improve economic growth and reduce poverty. He finds no necessary trade-off between equality and economic growth but discovers some evidence that high minimum wages dampen employment growth in private sector services. Kenworthy suggests that without greater private sector employment, public supports may be unable to adequately sustain living standards for the poor. An equitable growth strategy necessitates a balance of policy options: Creating jobs is aided by loose employment regulation, low payroll taxes, and, in some cases, lower real wages for workers at the bottom of the income spectrum. However, high employment is also facilitated by a system that "makes work pay" with earnings subsidies, workplace flexibilities, financial support for those who are between jobs or unable to work, and universal health and child care coverage. Kenworthy suggests that these strategies, though generally presented as mutually exclusive, could be effectively combined to create a robust, fair economy. Egalitarian Capitalism addresses fundamental questions of national policy with rigorous scholarship and a clarity that makes it accessible to any reader interested in the alleged trade-off between social equity and market efficiency. The book analyzes the viability of traditional welfare regimes and offers sustainable options that can promote egalitarian societies without hampering economic progress. A Volume in the American Sociological Association's Rose Series in Sociology

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In the Red

The Politics of Public Debt Accumulation in Developed Countries

Zsófia Barta

University of Michigan Press, 2018

Why do rich countries flirt with fiscal disaster? Between the 1970s and the 2000s, during times of peace and prosperity, affluent countries—like Belgium, Greece, Italy, and Japan—accumulated so much debt that they became vulnerable and exposed themselves to the risk of default. In the past three decades, an extensive scholarly consensus emerged that these problems were created by fiscal indiscipline, the lack of sufficient concern for budgetary constraints from policy makers as they try to please voters. This approach formed the foundation for the fiscal surveillance system that attempted to bring borrowing in European countries under control via a set of fiscal rules. In the Red demonstrates that the problem of sustained, large-scale debt accumulation is an adjustment issue rather than a governance failure. Irrespective of whether the original impetus for borrowing arose from exogenous changes or irresponsible decision making, policy makers invariably initiate spending cuts and/or tax increases when debt grows at an alarming rate for several years in a row. Zsófia Barta argues that explaining why some countries accumulate substantial amounts of debt for decades hinges on understanding the conditions required to allow policy makers to successfully put into place painful adjustment measures.

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Middle Powers and the Rise of China

Bruce Gilley and Andrew O'Neil, Editors

Georgetown University Press, 2014

China’s rise is changing the dynamics of the international system. Middle Powers and the Rise of China is the first work to examine how the group of states referred to as “middle powers” are responding to China’s growing economic, diplomatic, and military power. States with capabilities immediately below those of great powers, middle powers still exercise influence far above most other states. Their role as significant trading partners and allies or adversaries in matters of regional security, nuclear proliferation, and global governance issues such as human rights and climate change are reshaping international politics.

Contributors review middle-power relations with China in the cases of South Korea, Malaysia, Thailand, Indonesia, Australia, South Africa, Turkey, and Brazil, addressing how these diverse nations are responding to a rising China, the impact of Chinese power on each, and whether these states are being attracted to China or deterred by its new power and assertiveness. Chapters also explore how much (or how little) China, and for comparison the US, value middle powers and examine whether or not middle powers can actually shape China’s behavior. By bringing a new analytic approach to a key issue in international politics, this unique treatment of emerging middle powers and the rise of China will interest scholars and students of international relations, security studies, China, and the diverse countries covered in the book.

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Militarized Global Apartheid

Catherine Besteman

Duke University Press, 2021

In Militarized Global Apartheid Catherine Besteman offers a sweeping theorization of the ways in which countries from the global north are reproducing South Africa's apartheid system on a worldwide scale to control the mobility and labor of people from the global south. Exploring the different manifestations of global apartheid, Besteman traces how militarization and securitization reconfigure older forms of white supremacy and deploy them in new contexts to maintain this racialized global order. Whether using the language of security, military intervention, surveillance technologies, or detention centers and other forms of incarceration, these projects reinforce and consolidate the global north's political and economic interests at the expense of the poor, migrants, refugees, Indigenous populations, and people of color. By drawing out how this new form of apartheid functions and pointing to areas of resistance, Besteman opens up new space to theorize potential sources of liberatory politics.

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Technological Change in Health Care

A Global Analysis of Heart Attack

Mark B. McClellan and Daniel P. Kessler, Editors

University of Michigan Press, 2002

Evidence from the United States suggests that technological change is a key factor in understanding both medical expenditure growth and recent dramatic improvements in the health of people with serious illnesses. Yet little international research has examined how the causes and consequences of technological change in health care differ worldwide. Seeking to illuminate these issues, this volume documents how use of high-technology treatments for heart attack changed in fifteen developed countries over the 1980s and 1990s. Drawn from the collaborative effort of seventeen research teams in fifteen countries, it provides a cross-country analysis of microdata that illuminates the relationships between public policies toward health care, technology, costs, and health outcomes.
The comparisons presented here confirm that the use of medical technology in treatment for heart attack is strongly related to incentives, and that technological change is an important cause of medical expenditure growth in all developed countries. Each participating research team reviewed the economic and regulatory incentives provided by their country's health system, and major changes in those incentives over the 1980s and 1990s, according to a commonly used framework. Such incentives include: the magnitude of out-of-pocket costs to patients, the generosity of reimbursement to physicians and hospitals, regulation of the use of new technologies or the supply of physicians, regulation of competition, and the structure of hospital ownership. Each team also reviewed how care for heart attacks has changed in their country over the past decade.
The book will be of enormous importance to health economists, medical researchers and epidemiologists, and policymakers.
Mark McClellan is Associate Professor of Economics and of Medicine and, by courtesy, of Health Research and Policy, Stanford University. He is a National Fellow, the Hoover Institution. Daniel P. Kessler is Associate Professor of Economics, Law, and Policy in the Graduate School of Business, Stanford University, and a Research Fellow, the Hoover Institution.

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