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Liberalizing the Economy?: The Transformation of Government Intervention in Advanced Democracies

Liberalizing the Economy?: The Transformation of Government Intervention in Advanced Democracies

Hardcover

General Political ScienceInternational Relations

PREORDER - Expected ship date January 26, 2027

ISBN10: 3032266750
ISBN13: 9783032266750
Publisher: Palgrave MacMillan
Published: Jan 26 2027
Pages: 245
Language: English
The mixed economies of advanced democracies have undergone a substantial transformation since the 1980s, resulting in a large reduction of government intervention. This book is the first to comprehensively analyze this development.

Comparing five policy instruments - corporate taxation, total public expenditure, product market regulation, industrial subsidies, state-ownership of enterprises, and an aggregate index - in 21 countries, the book examines how far the liberalization of mixed economies in established democracies has gone, and what caused it. It finds that globalization and the diffusion of policies were most relevant for the transformation of economic intervention, whilst European integration and socio-economic changes played less important roles. Despite the overall trend toward liberalization, domestic politics in the form of partisan control of the government also remains important.

Also from

Zohlnhöfer, Reimut

Also in

General Political Science