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  Liberalization Policy: An Empirical Analysis of Economic and Social Interventions in Western Democracies

Höpner, M., Petring, A., Seikel, D., & Werner, B. (2014). Liberalization Policy: An Empirical Analysis of Economic and Social Interventions in Western Democracies. WSI-Diskussionspapiere, 192.

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Item Permalink: https://hdl.handle.net/11858/00-001M-0000-0024-369C-B Version Permalink: https://hdl.handle.net/21.11116/0000-0009-F8D2-2
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 Creators:
Höpner, Martin1, Author           
Petring, Alexander2, Author           
Seikel, Daniel3, Author           
Werner, Benjamin4, Author           
Affiliations:
1Politische Ökonomie der europäischen Integration, MPI for the Study of Societies, Max Planck Society, ou_1856345              
2Wissenschaftszentrum Berlin für Sozialforschung (WZB), ou_persistent22              
3Wirtschafts- und Sozialwissenschaftliches Institut (WSI) in der Hans-Böckler-Stiftung, Düsseldorf, Germany, ou_persistent22              
4Sonderforschungsbereich 597 „Staatlichkeit im Wandel“, Universität Bremen, Germany, ou_persistent22              

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 Abstract: Political-economic classics of different schools agreed that capitalism inherently and inevitably leads to a decline of market principles. Analyzing indicators of liberalization policies for 21 OECD-countries in five economic and social policy fields, we demonstrate that Western industrialized countries are subject to a convergent trend towards market-creating policies. This stands in stark contrast to the theoretical expectations of classical works in the field of political economy. Since the first half of the 1980s at the latest, Western democracies have entered a new phase of economic liberalization. From a methodological perspective, our findings suggest that the methods for the causal analysis of convergent liberalization policies cannot be identical with the methods that have been used for analyzing the development and consolidation of the varieties of capitalism in the postwar era.

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Language(s): eng - English
 Dates: 2014
 Publication Status: Issued
 Pages: 38
 Publishing info: Düsseldorf : Wirtschafts- und Sozialwissenschaftliches Institut (WSI) in der Hans-Böckler-Stiftung
 Table of Contents: 1 Introduction
2 The research question: Liberalization policy as a convergent phenomenon?
3 Liberalization policy as a theoretical surprise
4 Liberalization policy in five spheres of economic and social policy
4.1 Liberalization policy as transformation of public service sectors
4.2 Liberalization policy through reduction of subsidies and privatizations
4.3 Liberalization policy as recommodification of labor power
4.4 Liberalization policy as market-creation in the fields of pension and health care
4.5 Liberalization policy as market-creation in the field of capital relations
5 Descriptive analysis
6 Discussion and outlook
7 Literature
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Title: WSI-Diskussionspapiere
Source Genre: Series
 Creator(s):
Wirtschafts- und Sozialwissenschaftliches Institut (WSI) in der Hans-Böckler-Stiftung, Editor              
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Pages: - Volume / Issue: 192 Sequence Number: - Start / End Page: - Identifier: ISSN: 1861-0625
ISSN: 1861-0633