Reaping The Benefits Of Globalisation And The Welfare State

Beskrivelse

This book explores whether globalisation is driving greater inequality, especially in advanced economies-a topic that has sparked much debate recently. It questions the widely accepted view supported by major international bodies like the OECD and IMF.

Examining the real impact of globalisation on inequality and the role of domestic policies.

The author takes a critical look at the common belief that globalisation inherently increases inequality. By challenging these claims, the book aims to clarify the effects of globalisation and avoid misleading policy responses, such as imposing trade barriers that could harm consumers who benefit from open markets.

It highlights how focusing too much on global trade can divert attention from pressing domestic issues. These include the growing concentration of economic activity in prosperous regions and educational systems that fail to equip workers with necessary skills. These internal policy shortcomings, rather than global trade, are argued to be the main drivers behind economic and political tensions in many OECD countries.

Additionally, the book offers policy recommendations, emphasizing what aspects of international economic regulation should concentrate on trade-related policies and which challenges can be effectively managed at local or sub-national levels.

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