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Globalisation, Welfare Models and Social Expenditure in OECD Countries
What difference do welfare models make for how globalisation in its different manifestations influences the composition of social expenditure? Using data for 36 Organisation for Economic Co-operation and Development (OECD) countries over the period 1990–2018 we examine whether and how different welf...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer US
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8604703/ http://dx.doi.org/10.1007/s11079-021-09646-2 |
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author | Santos, Marcelo Simões, Marta |
author_facet | Santos, Marcelo Simões, Marta |
author_sort | Santos, Marcelo |
collection | PubMed |
description | What difference do welfare models make for how globalisation in its different manifestations influences the composition of social expenditure? Using data for 36 Organisation for Economic Co-operation and Development (OECD) countries over the period 1990–2018 we examine whether and how different welfare state models influence the impact of the economic, social and political dimensions of globalisation on ten different social expenditure programs. The results indicate that the influence of globalisation (overall and each separate dimension) on different components of social spending varies across welfare models in intensity but in most cases presents a positive sign. We find a more intense positive reaction in the Nordic model for e.g. active labour market policies and housing expenditures, while the reactions of health and education spending are not context specific. Survivors pensions, incapacity related and unemployment benefits and other social policy areas respond to factors other than globalisation. These findings may have important consequences for cross-country convergence in standards of living between different welfare state regimes, as each dimension of globalisation proceeds at different paces. Previous literature also shows that changes in the composition of social expenditure result in different short and long run economic outcomes. |
format | Online Article Text |
id | pubmed-8604703 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Springer US |
record_format | MEDLINE/PubMed |
spelling | pubmed-86047032021-11-22 Globalisation, Welfare Models and Social Expenditure in OECD Countries Santos, Marcelo Simões, Marta Open Econ Rev Research Article What difference do welfare models make for how globalisation in its different manifestations influences the composition of social expenditure? Using data for 36 Organisation for Economic Co-operation and Development (OECD) countries over the period 1990–2018 we examine whether and how different welfare state models influence the impact of the economic, social and political dimensions of globalisation on ten different social expenditure programs. The results indicate that the influence of globalisation (overall and each separate dimension) on different components of social spending varies across welfare models in intensity but in most cases presents a positive sign. We find a more intense positive reaction in the Nordic model for e.g. active labour market policies and housing expenditures, while the reactions of health and education spending are not context specific. Survivors pensions, incapacity related and unemployment benefits and other social policy areas respond to factors other than globalisation. These findings may have important consequences for cross-country convergence in standards of living between different welfare state regimes, as each dimension of globalisation proceeds at different paces. Previous literature also shows that changes in the composition of social expenditure result in different short and long run economic outcomes. Springer US 2021-11-20 2021 /pmc/articles/PMC8604703/ http://dx.doi.org/10.1007/s11079-021-09646-2 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Research Article Santos, Marcelo Simões, Marta Globalisation, Welfare Models and Social Expenditure in OECD Countries |
title | Globalisation, Welfare Models and Social Expenditure in OECD Countries |
title_full | Globalisation, Welfare Models and Social Expenditure in OECD Countries |
title_fullStr | Globalisation, Welfare Models and Social Expenditure in OECD Countries |
title_full_unstemmed | Globalisation, Welfare Models and Social Expenditure in OECD Countries |
title_short | Globalisation, Welfare Models and Social Expenditure in OECD Countries |
title_sort | globalisation, welfare models and social expenditure in oecd countries |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8604703/ http://dx.doi.org/10.1007/s11079-021-09646-2 |
work_keys_str_mv | AT santosmarcelo globalisationwelfaremodelsandsocialexpenditureinoecdcountries AT simoesmarta globalisationwelfaremodelsandsocialexpenditureinoecdcountries |