The process of welfare state restructuring in Austria, Denmark, New Zealand, and Switzerland is the focus of the book as it examines the influence of international political economy transformation in these four small developed economies. Small nations represent crucial test cases and can provide a sampling on how other countries may respond to the world market challenges including globalization and socio-economic modernization. This book examines whether small nations can survive the onset of global market challenges or instead benefit from the greater mobility. Small states have weathered the various facets of market challenges and this book explains how they steered their way to success.
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