Globalization and the Future of Social Protection
AbstractSocial protection in industrial countries has been provided through regulations, tax expenditures, and public spending. This paper argues that globalization will affect governments’ ability to continue providing this social protection at the level of recent decades. Specifically, tax competition among jurisdictions, ballooning electronic commerce, and increased mobility of the factors of production will likely cause significant falls in tax revenue in future years. The paper concludes that the welfare states need to look for alternative ways to provide social protection.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 00/12.
Date of creation: 01 Jan 2000
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- NEP-ALL-2013-02-16 (All new papers)
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- Robert Holzmann & Steen Jørgensen, 2001.
"Social Risk Management: A New Conceptual Framework for Social Protection, and Beyond,"
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- Gemmell, Norman & Kneller, Richard & Sanz, Ismael, 2008. "Foreign investment, international trade and the size and structure of public expenditures," European Journal of Political Economy, Elsevier, vol. 24(1), pages 151-171, March.
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