Globalization and the Welfare State: A Review of Hans-Werner Sinn's Can Germany Be Saved?
AbstractWhat are the challenges that globalization makes on welfare states and how should welfare states respond? How should welfare states be designed to enable countries to reap the benefits of globalization? These are the main themes of Hans-Werner Sinn's book, Can Germany Be Saved? We view Germany as a case study of how a welfare state can go wrong in reacting to the pressures of globalization. We present two views of globalization -- the "specialization view" (of Sinn) and the "Great Reorganization view" (ours) -- and examine the policy implications of each for the welfare state design.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Literature.
Volume (Year): 47 (2009)
Issue (Month): 1 (March)
Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- I30 - Health, Education, and Welfare - - Welfare and Poverty - - - General
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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