There are basically three stories about the globalisation-welfare state nexus. The first story argues that globalisation is the cause of the chronic crisis of the welfare state. As national economies open to the international market, governments are forced to adapt to the imperatives of global...

We map recent trends of tax policy change in developing countries and transition economies, compare them to tax trends in the advanced Western democracies and review some of the explanations offered for these trends by the contributions to this volume. We find that non-Western countries follow...

Does globalization undermine the fiscal basis of the welfare state? The conventional wisdom believes so: open borders cause tax competition, which in turn leads to a race to the bottom in capital taxation. However, the data show that revenues from capital taxation are fairly stable in OECD...