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

Name: Globalization, Migration, and Welfare State: Understanding the Macroeconomic Trifecta
Brand: Springer
SKU: 9783030643942
Price: 8720.0 INR
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by Assaf Razin

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ISBN13: 9783030643942
Binding: Paperback
Subject: N/A
Publisher: Springer
Publisher Imprint: Palgrave MacMillan
Publication Date: January 27, 2022
Pages: 191
Original Price: EUR 119.99
Language: English
Edition: 2021
Item Weight: 300 grams
BISAC Subject(s): Economics / Macroeconomics, International / General, and Globalization

About The Book

From the Back Cover
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.
Assaf Razin is Schwartz Professor Emeritus of Tel-Aviv University, Israel, and former Friedman Professor of International Economics at Cornell University, USA. He received Israel's EMET Prize in economics in 2017. His latest book is Israel and the World Economy: The Power of Globalization (MIT Press, 2018).

About The Author

Assaf Razin is Schwartz Professor Emeritus of Tel-Aviv University, Israel, and former Friedman Professor of International Economics at Cornell University, USA. He received Israel's EMET Prize in economics in 2017. His latest book is Israel and the World Economy: The Power of Globalization (MIT Press, 2018).

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