In this paper, we model an overlapping generation economy affected by an unexpected immigration shock and determine how households would insure themselves against "immigration risks" efficiently. We use the model to study the impact of immigration on (i) the welfare of various generations, (ii)...

The aim of this paper is to explore the impact of immigration on the Spanish Welfare State nowadays. Using two different household surveys, both the reception of state cash transfers and the use of public health care insurance by nationals and immigrants are analysed. Controlling by observable...

This paper evaluates the impacts of globalization on quality of life, particularly on human development, gender development and human poverty in developing countries. Applying the fixed effect model to the annual panel data of 124 developing countries covering nine years from 1997, it shows that...

Under general conditions, it has been proved that free trade improves the welfare of open economies. However, the conditions to attain the free trade equilibrium are non trivial: when the productive process is planned, industries do not know the price that will prevail, while the production is...

An annual volume of papers and information digests on the issues related to regional economic and political integration, issued by the Eurasian Development Bank and edited by Evgeny Vinokurov, director of EDB Centre for Integration Studies.

Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...

Economic integration is defined as the elimination of economic borders between two or more savings. In turn, an economic border demarcation over which any actual or potential mobility of goods, services and factors of production and communication flows, is relatively low. On both sides of a...

Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Af-rica (SSA) in relation to the EU. However, Africa's least developed countries remain vulner-able to external shocks....

With the ongoing debate in Austria on skilled workers from Eastern Europe for the Austrian labour market the question of immigration policy again is in the centre of the public debate. As the extension of transitional periods for the new MS in the field of migration from 2009 to 2011 is more and...