By Duane Swank
This booklet argues that the dramatic post-1970 upward thrust in overseas capital mobility has now not systematically contributed to the retrenchment of constructed welfare states as many declare. Nor has globalization without delay lowered the revenue-raising capacities of governments and undercut the political associations that aid the welfare nation. fairly, institutional positive factors of the polity and the welfare nation be sure the level to which the industrial and political pressures linked to globalization produce Welfare country retrenchment.
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