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Article

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Published version

Publication date

2022-12-16

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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/194362

Redistribution In A Globalized World

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https://doi.org/10.1515/jbnst-2022-0063

Abstract

Due to technological change, the opening of borders, and increased economic integration, the financial costs of relocating businesses and factors of production, moving residences, changing jobs, and transporting goods and services across borders pose new challenges for countries and subnational governments seeking to implement redistributive policies. This increasing mobility across borders implies that redistributive policies may amplify interjurisdictional fiscal externalities. In this article, we selectively review the literature relating to redistributive policy in an open economy setting. We then consider some of the implications of globalization for policy design, both within federal systems and across countries. Although globalization poses new challenges for fiscal systems, it does not necessarily imply that redistributive policy becomes untenable and possibly enhances the need for redistribution.

Subject

Distribució (Teoria econòmica), Globalització (Economia), Mobilitat social, Administració fiscal

Subject (English)

Distribution (Economic theory), Globalization (Economics), Social mobility, Tax administration and procedure

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Articles publicats en revistes (Economia)

Citation

AGRAWAL, David R. and FOREMNY, Dirk. Redistribution In A Globalized World. Jahrbücher für Nationalökonomie und Statistik. 2022. Vol. 242, num. 5-6, pags. 551-567. ISSN 0021-4027. [consulted: 19 of August of 2026]. Available at: https://hdl.handle.net/2445/194362

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