Responding to Globalization: Social Policy in Emerging Market Economies

Ethan Kapstein, Branko Milanovic

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

The article addresses some of the major themes influencing the development and reform of social policy in emerging market economies. It is argued in the first section that growing concern with social policy is largely associated with the increasing openness of these economies – globalization – and the new systemic risks that domestic economies now face. We look at the broad reform trends that seem to be shaping the social policy agenda around the world, particularly privatization of social insurance, means-testing of benefits, and decentralization of provision. This raises the question of whether or not the provision of social insurance is moving toward some type of convergence. In the final section, the role of the international community in the social policy debate is examined, with a focus on the World Bank and International Monetary Fund (IMF).

Original languageEnglish (US)
Pages (from-to)191-212
Number of pages22
JournalGlobal Social Policy
Volume1
Issue number2
DOIs
StatePublished - 2001
Externally publishedYes

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social policy
market economy
globalization
social insurance
reform
economy
IMF
World Bank
decentralization
privatization
Social Policy
trend
community
insurance

Keywords

  • globalization
  • social policy
  • welfare state

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Sociology and Political Science
  • Management, Monitoring, Policy and Law

Cite this

Responding to Globalization : Social Policy in Emerging Market Economies. / Kapstein, Ethan; Milanovic, Branko.

In: Global Social Policy, Vol. 1, No. 2, 2001, p. 191-212.

Research output: Contribution to journalArticle

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