Hay, C. orcid.org/0000-0001-6327-6547 (2024) ‘Asset-based welfare’: the social policy corollary of the Anglo-liberal growth model? British Journal of Politics and International Relations, 26 (2). pp. 299-324. ISSN 1369-1481
Abstract
In the wake of the deepest and longest recession that the UK has experienced since the 1930s, the consequences of Brexit and now COVID too, this paper examines the origins, sustenance and puncturing of the growth dynamic it enjoyed since the early 1990s. It identifies what is termed the ‘Anglo-liberal growth model’ and its social policy corollary, ‘asset-based welfare’, considering the symbiotic yet increasingly tense and dynamic interdependence of the two. It argues that although both are compromised by the compound shocks of the crisis, Brexit and COVID they have in fact become more not less intertwined and interdependent in these more troubled times. It considers the implications for the longer-term sustainability of this fractious coupling and the wider consequences for UK economic performance and social welfare in the years ahead.
Metadata
Item Type: | Article |
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Authors/Creators: | |
Copyright, Publisher and Additional Information: | © 2023 The Authors. Except as otherwise noted, this author-accepted version of a journal article published in The British Journal of Politics and International Relations is made available via the University of Sheffield Research Publications and Copyright Policy under the terms of the Creative Commons Attribution 4.0 International License (CC-BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ |
Keywords: | Anglo-liberal growth model; asset-based welfare; assetisation; austerity; Brexit; COVID; welfare retrenchment |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Politics and International Relations (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 22 Nov 2023 09:56 |
Last Modified: | 29 Apr 2024 11:31 |
Status: | Published |
Publisher: | SAGE Publications |
Refereed: | Yes |
Identification Number: | 10.1177/13691481231218666 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:205408 |
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