Overview
- Explores three key dimensions of economics--globalization, migration, and the welfare state
- Explores the complex relationship between international economics and welfare-state policy
- Applies Israel, the United States, and Europe as revealing case studies
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Table of contents (6 chapters)
Keywords
About this book
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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Bibliographic Information
Book Title: Globalization, Migration, and Welfare State
Book Subtitle: Understanding the Macroeconomic Trifecta
Authors: Assaf Razin
DOI: https://doi.org/10.1007/978-3-030-64392-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-64391-1Published: 26 January 2021
Softcover ISBN: 978-3-030-64394-2Published: 27 January 2022
eBook ISBN: 978-3-030-64392-8Published: 25 January 2021
Edition Number: 1
Number of Pages: XXIX, 191
Number of Illustrations: 3 b/w illustrations, 50 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, Emerging Markets/Globalization, Globalization, Social Choice/Welfare Economics/Public Choice/Political Economy