Corporate Welfare Policy and the Welfare State
Corporate Welfare Policy and the Welfare State

Author: Davita Silfen Glasberg

Publisher: Transaction Publishers

Published:

Total Pages: 188

ISBN-13: 9780202365176

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An examination of the savings and loan crisis and subsequent bailout reveals that the welfare state is a dynamic process: the bailout is an extension of a larger process of state projects for economic intervention that began with banking regulation following the Great Depression of the 1930s, and continued with the Chrysler bailout legislation in 1979 and the Garn-St. Germain Act of 1982, which deregulated the banking industry. In viewing the welfare state as a power process involving shifts in relative emphases on corporate and social welfare policies and expenditures, this book provides both central case studies and a new conceptual framework for policy debates on "welfare as we know it."

Corporate Welfare Policy and the Welfare State
Corporate Welfare Policy and the Welfare State

Author: Davita Silfen Glasberg

Publisher: Routledge

Published: 1997

Total Pages: 172

ISBN-13: 9780202305615

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An examination of the savings and loan crisis and subsequent bailout reveals that the welfare state is a dynamic process: the bailout is an extension of a larger process of state projects for economic intervention that began with banking regulation following the Great Depression of the 1930s, and continued with the Chrysler bailout legislation in 1979 and the Garn-St. Germain Act of 1982, which deregulated the banking industry. In viewing the welfare state as a power process involving shifts in relative emphases on corporate and social welfare policies and expenditures, this book provides both central case studies and a new conceptual framework for policy debates on "welfare as we know it."

The Politics of Deregulation
The Politics of Deregulation

Author: Martha Derthick

Publisher: Brookings Institution Press

Published: 1985

Total Pages: 296

ISBN-13:

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The authors discuss deregulation in contemporary politics and government.

The Economic Effects of Airline Deregulation
The Economic Effects of Airline Deregulation

Author: Steven Morrison

Publisher: Brookings Institution Press

Published: 2010-12-01

Total Pages: 100

ISBN-13: 9780815708063

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In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

Social Change, Social Welfare and Social Science
Social Change, Social Welfare and Social Science

Author: Peter Taylor-Gooby

Publisher:

Published: 1991

Total Pages: 264

ISBN-13:

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After the cuts and privatisation schemes of the past decade, the welfare state faces new challenges in the 1990s. Writers on the collectivist left, the individualistic right, and from schools of feminist thought claim that the state can no longer function as chief provider of welfare services. It is argued that changes in the economy, in the social structure and in patterns of political ideology are bringing the era of state welfare to an end. In particular, growing inequality coupled with rising living standards enhances many people's ability to pay for their own welfare services and undermines the sense of citizenship on which common provision must rely. Social Change, Social Welfare and Social Science provides a critical assessment of these claims and of the sociological and normative theories used to support them. It argues that the case against the welfare state is not proven and explores the reasons why social science in the 1980s and 1990s has devalued state welfare as yesterday's future. The book goes on to demonstrate that a forceful case for the welfare state can be made, and that this must include the advancement of women's interests as an essential component in citizenship. In presenting this evaluation of the theoretical, empirical and philosophical arguments about the role of the state in welfare provision, Social Change, Social Welfare and Social Science is essential reading for students and researchers of social policy and the sociology and politics of welfare, and also of interest to social workers, health professionals and civil servants.

Employment Protection Deregulation and Labor Shares in Advanced Economies
Employment Protection Deregulation and Labor Shares in Advanced Economies

Author: Gabriele Ciminelli

Publisher: International Monetary Fund

Published: 2018-08-16

Total Pages: 72

ISBN-13: 1484373723

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Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.