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2011

Rachel Filinson

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Multinational Corporate Penetration, Industrialism, Region, And Social Security Expenditures, Roger Clark, Rachel Filinson Jun 2011

Multinational Corporate Penetration, Industrialism, Region, And Social Security Expenditures, Roger Clark, Rachel Filinson

Rachel Filinson

This study examines the determinants of spending on social security programs. We draw predictions from industrialism and dependency theories, for the explanation of social security programs. The explanations are tested with data on seventy-five nations, representative of core, semiperipheral and peripheral nations. Industrialization variables such as the percentage of older adults and economic productivity have strong effects in models involving all nations, as does multinational corporate (MNC) penetration in extraction, particularily when region is controlled; such penetration is negatively associated with spending on social security. We then look at industrialism and dependency effects for peripheral and non-core nations alone. The …