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Globalization, government spending and taxation in the OECD

Garrett, Geoffrey; Mitchell, Deborah

Description

This article assesses the impact of globalization on welfare state effort in the OECD countries. Globalization is defined in terms of total trade, imports from low wage economies, foreign direct investment, and financial market integration. Welfare effort is analyzed in terms both of public spending (and separately on social service provision and income transfer programs) and taxation (effective rates of capital taxation and the ratio of capital to labor and consumption taxes). Year-to-year...[Show more]

CollectionsANU Research Publications
Date published: 2001
Type: Journal article
URI: http://hdl.handle.net/1885/67661
Source: European Journal of Political Research
DOI: 10.1023/A:1011043120145

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