Globalization and Egalitarian Redistribution

Published by Princeton University Press 2006

Globalization and Egalitarian Redistribution

Edited by: Pranab Bardhan , Samuel Bowles and Michael Wallerstein

https://doi.org/10.1515/9780691220208

Overview
Contents

About this book

Can the welfare state survive in an economically integrated world? Many have argued that globalization has undermined national policies to raise the living standards and enhance the economic opportunities of the poor. This book, by sixteen of the world's leading authorities in international economics and the welfare state, suggests a surprisingly different set of consequences: Globalization does not preclude social insurance and egalitarian redistribution--but it does change the mix of policies that can accomplish these ends.

Globalization and Egalitarian Redistribution demonstrates that the free flow of goods, capital, and labor has increased the inequality or volatility of labor earnings in advanced industrial societies--while constraining governments' ability to tax the winners from globalization to compensate workers for their loss. This flow has meanwhile created opportunities for enhancing the welfare of the less well off in poor and middle-income countries. Comprising eleven essays framed by the editors' introduction and conclusion, this book represents the first systematic look at how globalization affects policies aimed at reducing inequalities.

The contributors are Keith Banting, Pranab Bardhan, Carles Boix, Samuel Bowles, Minsik Choi, Richard Johnston, Covadonga Meseguer Yebra, Karl Ove Moene, Layna Mosley, Claus Offe, Ugo Pagano, Adam Przeworski, Kenneth Scheve, Matthew J. Slaughter, Stuart Soroka, and Michael Wallerstein.

Author / Editor information

Pranab Bardhan is Professor of Economics at the University of California, Berkeley. Samuel Bowles is Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, and Professor of Economics at the University of Siena. Michael Wallerstein is Professor of Political Science at Yale University.

Reviews

"An outstanding contribution to the field. The authors analyze the impact of globalization in a refreshingly nuanced fashion."—John Stephens, Gerhard E. Lenski, Jr., Distinguished Professor of Political Science and Sociology, University of North Carolina, Chapel Hill, author of Development and Crisis of the Welfare State

"This stellar volume by a Who's Who list of scholars demolishes the simplistic myths about globalization preventing egalitarian redistribution. It will be required reading for years to come for those who want to understand globalization and redistribution at a deeper level than the standard textbook platitudes."—William Easterly, Professor of Economics, New York University

"Each of the essays in this volume is a gem. Together, they present a compelling case for the proposition that a more egalitarian domestic policy in the advanced economies is essential to a morally decent form of globalization. While globalization, in the form of greater openness in international trade, offers new opportunities for the world's poor, it also threatens wages for less advantaged workers in the advanced economies. Defending those wages will require new policies of social insurance and redistribution: an egalitarianism suited to a newly global economy. This is a large political challenge. But if the advanced economies continue on their current path and fail to meet this challenge, political opposition to globalization is likely to grow. If it does, we will see renewed trade barriers. And those barriers may have disastrous consequences for the world's poor. What we have is, in short, a powerful and original defense of global solidarity."—Joshua Cohen, Massachusetts Institute of Technology

"The book is impressive in its scope, in particular for the wealth of empirical data provided. . . . [I]n terms of stimulating thought and debate about globalization and redistribution its contribution is significant."---Michael Orton, Economic Issues

"This timely volume offers a pioneering and comprehensive treatment of an important facet of globalization—its relation to economic redistribution. This is a topic motivating a lot of speculation, discussion, and research these days, so it is very useful to obtain an informed perspective on different viewpoints and what we know about their underpinnings. Each of this book's essays, by eminent scholars, represents a serious attempt to assemble theoretical and empirical arguments, using state-of-the-art methodology."—Dilip Mookherjee, Professor of Economics, Boston University, author of The Crisis in Government Accountability

"For those seeking a nuanced and penetrating set of analyses on the possibilities for egalitarianism under globalization, this volume is an excellent source to become well-informed about the limits placed by globalization as well as the 'non-limits'. In providing some unconventional and hopefully encouraging answers, without overstating their case, this book further affords a valuable resource to scholars and policy makers alike."---Arjun Jayadev, International Review of Economics & Finance

Topics

Frontmatter Publicly Available Download PDF	i
Contents Publicly Available Download PDF	v
List of Tables Publicly Available Download PDF	vii
List of Illustrations Publicly Available Download PDF	ix
Preface Publicly Available Download PDF	xi
Contributors Publicly Available Download PDF	xiii
Introduction Pranab Bardhan, Samuel Bowles and Michael Wallerstein Requires Authentication Unlicensed Licensed Download PDF	1
Chapter 1 Globalization and the Limits to Poverty Alleviation Pranab Bardhan Requires Authentication Unlicensed Licensed Download PDF	13
Chapter 2 Social Protection in a Supranational Context: European Integration and the Fates of the “European Social Model” Claus Offe Requires Authentication Unlicensed Licensed Download PDF	33
Chapter 3 Threat Effects of Capital Mobility on Wage Bargaining Minsik Choi Requires Authentication Unlicensed Licensed Download PDF	64
Chapter 4 Constraints, Opportunities, and Information: Financial Market–Government Relations around the World Layna Mosley Requires Authentication Unlicensed Licensed Download PDF	87
Chapter 5 Egalitarian Redistribution in Globally Integrated Economies Samuel Bowles Requires Authentication Unlicensed Licensed Download PDF	120
Chapter 6 Social Democracy as a Development Strategy Karl Ove Moene and Michael Wallerstein Requires Authentication Unlicensed Licensed Download PDF	148
Chapter 7 Globalization and Democracy Adam Przeworski and Covadonga Meseguer Yebra Requires Authentication Unlicensed Licensed Download PDF	169
Chapter 8 Between Redistribution and Trade: The Political Economy of Protectionism and Domestic Compensation Carles Boix Requires Authentication Unlicensed Licensed Download PDF	192
Chapter 9 Public Opinion, International Economic Integration, and the Welfare State Kenneth Scheve and Matthew J. Slaughter Requires Authentication Unlicensed Licensed Download PDF	217
Chapter 10 Immigration and Redistribution in a Global Era Stuart Soroka, Keith Banting and Richard Johnston Requires Authentication Unlicensed Licensed Download PDF	261
Chapter 11 Economic Integration, Cultural Standardization, and the Politics of Social Insurance Samuel Bowles and Ugo Pagano Requires Authentication Unlicensed Licensed Download PDF	289
Conclusion Pranab Bardhan, Samuel Bowles and Michael Wallerstein Requires Authentication Unlicensed Licensed Download PDF	306
Index Requires Authentication Unlicensed Licensed Download PDF	319

Language: English
Publisher: Princeton University Press
Audience: Professional and scholarly;College/higher education;
Pages
- Main content: 352
Illustrations
- Other: 24 line illus. 24 tables.
Keywords: area-analysis model; Argentina; Bardhan; Pranab; Betz; Hans-Georg; Boix; Carles; Bowles; Samuel; Cameron; David R.; capital mobility; Chile; Colombia; Denmark; Domar; Evsey; embeddedness; European Union (EU); Feenstra; Robert C.; Freeman; Richard B.; Garrett; Geoffrey; Gellner; Ernest; globalization; government expenditures; Hanson; Gordon H.; Huber; Evelyne; immigration; industrial conflict; interest rate spread; Johnson; George; Keynes; John Maynard; labor; Meseguer; Covadonga; nationalism; open economy; policies; protectionism; social insurance; tariffs

eBook

Published: October 6, 2020
ISBN: 9780691220208