Overview
Analyzes the links between social security expenditures and economic globalization
Summarizes new key findings with respect to labor standards, migration, social security systems, taxation, and globalization
Explores the need to draw new rules for financial globalization in the light of the Transatlantic Banking Crisis and the Euro Crisis
Includes supplementary material: sn.pub/extras
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Table of contents (5 chapters)
Keywords
About this book
Economic globalization is a complex phenomenon where the links between social security expenditures and globalization are not well understood so far. This study summarizes new key findings and highlights new theoretical insights in the field of social security systems, labor standards, taxation and economic globalization. Moreover, new thoughts on the links between social security systems and migration as well as between free trade areas and social market economy development are presented. The book analyzes the role of a changing age dependency using a Branson model and it derives implications for the stock market price index, the exchange rate and the interest rate. Economic globalization needs to be politically managed and through the Transatlantic Banking Crisis and the Euro Crisis the need to more carefully draw the rules of the game for financial globalization has been highlighted. Unstable financial markets have a large potential to undermine social market economies and social security systems. The rising income inequalities within countries raise more policy challenges for Europe than for the US.
Authors and Affiliations
Bibliographic Information
Book Title: Social Security and Economic Globalization
Authors: Paul J.J. Welfens
DOI: https://doi.org/10.1007/978-3-642-40880-9
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2013
Hardcover ISBN: 978-3-642-40879-3Published: 19 December 2013
Softcover ISBN: 978-3-662-51437-5Published: 27 August 2016
eBook ISBN: 978-3-642-40880-9Published: 09 December 2013
Edition Number: 1
Number of Pages: XIV, 147
Number of Illustrations: 28 b/w illustrations
Topics: Social Policy, International Economics, Social Structure, Social Inequality, Public Economics, Labor Economics, Economic Growth