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  • Socially Sustainable Globalization? The Domestic Politics of Globalization in Australia

    Author(s)
    Conley, Thomas
    Griffith University Author(s)
    Conley, Tom J.
    Year published
    2020
    Metadata
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    Abstract
    The chapter has two major aims. The first is to outline the broad trajectory of the globalisation of the Australian political economy since the 1980s and consider its relationship to social outcomes. The second is to consider how work exploring the domestic underpinnings of, and limits to, globalisation can contribute to an understanding of the Australian political economy and the sustainability of the globalisation project. The paper questions whether the current policy trajectories of continuing (hyper)globalisation plus either compensation or trickle down are sustainable, even under conditions of renewed growth. While ...
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    The chapter has two major aims. The first is to outline the broad trajectory of the globalisation of the Australian political economy since the 1980s and consider its relationship to social outcomes. The second is to consider how work exploring the domestic underpinnings of, and limits to, globalisation can contribute to an understanding of the Australian political economy and the sustainability of the globalisation project. The paper questions whether the current policy trajectories of continuing (hyper)globalisation plus either compensation or trickle down are sustainable, even under conditions of renewed growth. While compensatory strategies can help sustain globalisation – as they have done since the 1950s – the paper contends that policy-makers need to consider domestic social imperatives, and to act to ensure a fairer distribution of the costs and benefits of economic activity and policy change. The evidence provided on state taxation and spending shows that states retain the capacity to improve social outcomes, if that is their aim. A failure to improve distributional outcomes will lead to increasing reactions against globalisation. The chapter concludes that sustaining globalisation will require states to limit its scope and improve social protections, rather than weaken them.
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    Book Title
    Challenges of Globalization and Prospects for an Inter-civilizational World Order
    DOI
    https://doi.org/10.1007/978-3-030-44058-9_28
    Subject
    Political Science
    Australian Government and Politics
    International Relations
    Publication URI
    http://hdl.handle.net/10072/403420
    Collection
    • Book chapters

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