Bowles, Paul; Wagman, Barnet - In: Eastern Economic Journal 23 (1997) 3, pp. 317-336
This paper examines some implications of the 'new globalism' for the welfare state. We examine four hypotheses about globalization and their implications for welfare state spending: the 'downward harmonization', 'upward convergence', 'convergence clubs' and 'globalization irrelevance'...