1.

Record Nr.

UNINA9910483178603321

Autore

Razin Assaf

Titolo

Globalization, Migration, and Welfare State : Understanding the Macroeconomic Trifecta / / by Assaf Razin

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2021

ISBN

9783030643928

3030643921

Edizione

[1st ed. 2021.]

Descrizione fisica

1 online resource (213 pages) : illustrations

Disciplina

361.65

Soggetti

Macroeconomics

International economic integration

Globalization

Social choice

Welfare economics

Macroeconomics and Monetary Economics

Economic Aspects of Globalization

Social Choice and Welfare

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Chapter 1 Introducing Pandemic Crisis -- Chapter 2 Migration and Welfare-State Policy -- Chapter 3 Globalization and Welfare-State Policy -- Chapter 4 Free Migration: Israel's Experience -- Chapter 5 Globalization: Israel's Experience -- Chapter 6 Federal Systems: US-EU Comparison.

Sommario/riassunto

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).