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Globalization, Migration, and Welfare State

Understanding the Macroeconomic Trifecta

Assaf Razin

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ca. 117,69
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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

This book is about three key dimensions in economics—globalization, migration and the welfare state—that are of enduring interest. These issues are particularly important to consider at the present moment given the strains posed by the pandemic: there is at least a temporary setback to trade-globalization and migration, and the cost of fighting the pandemic will strain the ability of governments to provide welfare state services in a style and scope to which many of their citizens have become accustomed. The book explains the changing function of the welfare state in the presence of intensified globalization, or de-globalization, forces. The welfare state’s policy-maker attitudes toward openness and migration depend on open-economy fundamentals, and the income class it represents. The author demonstrates the interactions between migration, globalization and macroeconomic policy in practice, using real-world unique episodes, with Israel deemed as well-functioning trifecta, and the US and Europe as imperfectly functioning trifecta. 

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Kundenbewertungen

Schlagwörter

Welfare State, Migration, Sustainable Development Goals, Israeli immigration policy, EU immigration policy, US immigration policy, SDG, Immigration, Covid-19, Macroeconomics, Globalization