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Globalization is a form of international neo-liberalism supported by the United States, world markets and organizations such as the IMF and OECD. This book considers its impact on full employment and the labour market, income distribution, taxation and social protection in developed capitalist countries. It argues that social standards have declined far more in English-speaking countries than in continental Europe and Japan, and that globalization is as much a political and ideological phenomenon as it is an economic one. In conclusion, it argues the case for a transnational approach to social policy to ensure that social standards rise in line with economic growth.
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