Titlebook: Globalization; Prerequisites, Effec Joachim Betz,Wolfgang Hein Textbook 2023 The Editor(s) (if applicable) and The Author(s), under exclusi

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Trade,ng time it remained relatively small compared to the global gross domestic product, concentrated—because of the high transport costs at that time—essentially on luxury goods with a low weight in relation to the market price. This has changed significantly since the middle of the 19th century; until

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Migration and Globalization,y, it would also be characterized by free movement of people—especially by the freedom of establishment of workers—across borders, since globalization would favor and make it profitable for (almost) all participants (see below). However, from the point of view of free choice of place of work in the

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Globalization and Income Distribution, a certain extent. An important functional reason is that the alleviation of poverty and social disadvantage is more difficult and slower the more unequal income growth is distributed. Without growth, the solution to these problems is theoretically possible, but politically quite unlikely, because t

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Statehood,ot necessarily die, but that statehood does become frayed because economic and social transactions exceed the national state framework, but that the state remains territorially limited in its ability to act. Many authors saw no way out of this situation other than renouncing traditional ideas of sov

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Globalization and the Welfare State,national banks and investors by local players should actually—in view of the fact that international capital is mobile and can therefore be withdrawn relatively quickly again—lead to a worldwide race to reduce income and corporate taxes, resulting in a pressure on national social expenditure, regard