Razin, Asaf; Tsadḳah, Efrayim - 2005
In The Decline of the Welfare State, Assaf Razin and Efraim Sadka use a political economy framework to analyze the … effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as … how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain …