Globalization, Migration, and Welfare State

<p></p><p>This book is about three key dimensions in economics—globalization, migration and the welfare state—that are of enduring interest.&nbsp;These issues are particularly important to consider at the present&nbsp;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.&nbsp;The book explains the changing function of the welfare state in the presence of intensified globalization, or de-globalization, forces.&nbsp;The welfare state’s policy-maker attitudes toward openness and migration depend on&nbsp;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&nbsp;trifecta.&nbsp;</p>