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Globalization, Migration, and Welfare State|Assaf Razin

Globalization, Migration, and Welfare State : Understanding the Macroeconomic Trifecta

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Overview

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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Details

  • ISBN-13: 9783030643911
  • ISBN-10: 3030643913
  • Publisher: Palgrave MacMillan
  • Publish Date: January 2021
  • Dimensions: 8.27 x 5.83 x 0.56 inches
  • Shipping Weight: 0.92 pounds
  • Page Count: 191

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