G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3509
DP3509 Pensions and Savings in a Monetary Union: an Analysis of Capital Flows
Alain Jousten; Florence Legros
发表日期2002-08-20
出版年2002
语种英语
摘要The nation-state system, democratic politics, and full economic integration are mutually incompatible. Of the three, at most two can be had together. The Bretton Woods/GATT regime was successful because its architects subjugated international economic integration to the needs and demands of national economic management and democratic politics. A renewed ?Bretton-Woods compromise? would preserve some limits on integration, while crafting better global rules to handle the integration that can be achieved. Among ?feasible globalizations,? the most promising is a multilaterally negotiated visa scheme that allows expanded (but temporary) entry into the advanced nations of a mix of skilled and unskilled workers from developing nations. Such a scheme would likely create income gains that are larger than all of the items on the WTO negotiating agenda taken together, even if it resulted in a relatively small increase in cross-border labor flows.
主题International Macroeconomics ; International Trade and Regional Economics ; Public Economics
关键词Globalization International institutions International labour mobility
URLhttps://cepr.org/publications/dp3509
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532523
推荐引用方式
GB/T 7714
Alain Jousten,Florence Legros. DP3509 Pensions and Savings in a Monetary Union: an Analysis of Capital Flows. 2002.
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