What happens to extensive and generous welfare states when they are faced with serious economic crisis and the effects of globalization? This thorough analysis of the processes of social policy restructuring in two Nordic welfare states endeavours to answer this and other questions related to their survival in a world of intensifying global competition.Virpi Timonen investigates both the changes that have taken place in central social policies in the areas of pensions, unemployment policies, social and health services, and the political and structural reasons for the pattern of policy change that emerged. A critical evaluation of the roles of globalization, political mechanisms and power relationships in shaping these social policies in Finland and Sweden is also featured.Welfare state specialists and those seeking to understand welfare states as a central constituent of politics in Nordic countries will find Restructuring the Welfare State to be of great interest. The book will also appeal to academics and researchers in the fields of social policy and comparative politics, as well as public and social policy analysts in international organizations such as the OECD and the World Bank.