Table of Contents
THE WELFARE STATE REVISITED
INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA CHALLENGES IN DEVELOPMENT AND GLOBALIZATION
INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA: CHALLENGES IN DEVELOPMENT AND GLOBALIZATION
JOS ANTONIO OCAMPO AND JOSEPH E. STIGLITZ, SERIES EDITORS
Escaping the Resource Curse, Macartan Humphreys, Jeffrey D. Sachs, and Joseph E. Stiglitz, eds.
The Right to Know, Ann Florini, ed.
Privatization: Successes and Failures, Grard Roland, ed.
Growth and Policy in Developing Countries: A Structuralist Approach, Jos Antonio Ocampo, Codrina Rada, and Lance Taylor
Taxation in Developing Countries, Roger Gordon, ed.
Reforming the International Financial System for Development, Jomo Kwame Sundaram, ed.
Development Cooperation in Times of Crisis, Jos Antonio Ocampo and Jos Antonio Alonso
New Perspectives on International Migration and Development, Jeronimo Cortina and Enrique Ochoa-Reza, eds.
Industrial Policy and Economic Transformation in Africa, Akbar Noman and Joseph E. Stiglitz, eds.
Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America, Mario Damill, Martn Rapetti, and Guillermo Rozenwurcel, eds.
Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises, Martin Guzman, Jos Antonio Ocampo, and Joseph E. Stiglitz, eds.
Efficiency, Finance, and Varieties of Industrial Policy: Guiding Resources, Learning, and Technology for Sustained Growth, Akbar Noman and Joseph E. Stiglitz, eds.
THE WELFARE STATE REVISITED
EDITED BY
Jos Antonio Ocampo and Joseph E. Stiglitz
COLUMBIA UNIVERSITY PRESS
NEW YORK
Columbia University Press
Publishers Since 1893
New York Chichester, West Sussex
cup.columbia.edu
Copyright 2018 Columbia University Press
All rights reserved
E-ISBN 978-0-231-54616-4
Library of Congress Cataloging-in-Publication Data
Names: Ocampo, Jos Antonio, editor. | Stiglitz, Joseph E., editor.
Title: The welfare state revisited / edited by Jos Antonio Ocampo and Joseph E. Stiglitz.
Description: New York: Columbia University Press, [2018] | Series: Initiative for policy dialogue at Columbia: challenges in development and globalization | Includes index.
Identifiers: LCCN 2017028027 (print) | LCCN 2017029625 (ebook) | ISBN 9780231546164 (electronic) | ISBN 9780231185448 (cloth: alk. paper)
Subjects: LCSH: Social policy21st century. | Equality. | Welfare state. | Welfare stateHistory.
Classification: LCC HN18.3 (ebook) | LCC HN18.3 .W45 2018 (print) | DDC 361.6/5dc23
LC record available at https://lccn.loc.gov/2017028027
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INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA: CHALLENGES IN DEVELOPMENT AND GLOBALIZATION
JOS ANTONIO OCAMPO AND JOSEPH E. STIGLITZ, SERIES EDITORS
The Initiative for Policy Dialogue (IPD) at Columbia University brings together academics, policy makers, and practitioners from developed and developing countries to address the most pressing issues in economic policy today. IPD is an important part of Columbias broad program on development and globalization. The Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization book series presents the latest academic thinking on a wide range of development topics and lays out alternative policy options and trade-offs. Written in a language accessible to policy makers and students alike, this series is unique in that it both shapes the academic research agenda and furthers the economic policy debate, facilitating a more democratic discussion of development politics.
This book, The Welfare State Revisited, argues that, more than ever, there is a need for a strong welfare state. In particular, it is essential to face the strong inequality trends that have been in place in large parts of the world since the last decades of the twentieth century. The welfare state should be strengthened in developed countries where its advancement has been incomplete (as in the United States) or where it has been weakened in response to ideological political shifts (in several countries since the Thatcher-Reagan era) and to austerity policies put in place over the past decade (in some European countries). And it should spread in the emerging and developing countries that have not yet subscribed to its principles.
The book also argues that a twenty-first-century welfare state will have to be different from those of the nineteenth and twentieth centuries. It must be redesigned in a way that is consistent with a coherent vision of its role in the economic and social system today. And it must respond to the demands generated in many parts of the world by demographic changes, the changing role of the family, new features of labor markets, technological change, and the fiscal constraints created by tax competition in the globalized world. To do this, it must borrow from research in recent decades that has provided new insights into the roles that the welfare state has to perform and how to design a better, more efficient, and equitable system, research that is summarized by the authors in this volume.
The volume is organized in two parts. The first analyzes the conceptual issues associated with the challenges outlined above. The second focuses on the experience of specific regions or countries. These experiences are those of the European Union, Scandinavia, the United States (also analyzed in several chapters in the first part), Latin America (the region of the developing world that has had the most significant advances in social protection in the early twenty-first century), and one of the most interesting initiatives put in place in the developing world in recent times, Indias National Rural Employment Guarantee Act.
CONTENTS
Jos Antonio Ocampo and Joseph E. Stiglitz
Joseph E. Stiglitz
Sandra Polaski
Isabel Ortiz
Jody Heymann and Aleta Sprague
Nora Lustig
Ravi Kanbur
Torben M. Andersen
Ernst Stetter
Kalle Moene
Jos Antonio Ocampo and Natalie Gmez-Arteaga
Ana Sojo
Andras Uthoff
Teresa Ghilarducci
Richard McGahey
Amit Basole and Arjun Jayadev
| ACA | Affordable Care Act of 2010 |
| AI | Artificial intelligence |
| AWI | Agricultural wages in India |
| BLS | Bureau of Labor Statistics |
| CEQ | Commitment to Equity Project |
| CCT | Conditional cash transfers |
| DC | Defined contribution |
| ECLAC | UN Economic Commission for Latin America and the Caribbean |
| ELR | Employer of last resort |
| EPS | Entidades promotoras de salud/health-promoting entities |
| EU | European Union |
| FLSA | Fair Labor Standards Act |
| FONASA | Fondo Nacional de Salud/National Health Fund |
