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Silva, N., Dos-Santos, M. & Baptista, N. (2023). The impact of economic globalization welfare states. In Allam Hamdan, Esra Saleh Aldhaen (Ed.), Artificial intelligence and transforming digital marketing. studies in systems, decision and control. (pp. 1117-1125).: Springer.
N. Jesus-Silva et al., "The impact of economic globalization welfare states", in Artificial intelligence and transforming digital marketing. studies in systems, decision and control, Allam Hamdan, Esra Saleh Aldhaen, Ed., Springer, 2023, vol. 487, pp. 1117-1125
@incollection{jesus-silva2023_1783786988184,
author = "Silva, N. and Dos-Santos, M. and Baptista, N.",
title = "The impact of economic globalization welfare states",
chapter = "",
booktitle = "Artificial intelligence and transforming digital marketing. studies in systems, decision and control",
year = "2023",
volume = "487",
series = " Studies in Systems, Decision and Control",
edition = "",
pages = "1117-1117",
publisher = "Springer",
address = "",
url = "https://link.springer.com/chapter/10.1007/978-3-031-35828-9_94#citeas"
}
TY - CHAP TI - The impact of economic globalization welfare states T2 - Artificial intelligence and transforming digital marketing. studies in systems, decision and control VL - 487 AU - Silva, N. AU - Dos-Santos, M. AU - Baptista, N. PY - 2023 SP - 1117-1125 DO - 10.1007/978-3-031-35828-9_94 UR - https://link.springer.com/chapter/10.1007/978-3-031-35828-9_94#citeas AB - The literature has yet to draw firm conclusions regarding the effect of economic globalization on government spending in developing countries in general and Pakistan in particular. This paper tries to overcome this gap on the literature and analyses the impact of globalization and democracy on the aggregate level of Pakistan's social spending from 1972 to 2018. The methods used include econometrics models. The results confirm that globalization is inversely related to social spending, while democracy positively affects social expenditures. Other results confirm that debt service and inflation rate harm social spending. In contrast, the more significant economic development and the increased unemployment rate have a positive and meaningful relationship with social expenditure in the long run. Public decision-makers should consider these conclusions to promote economic and social sustainability in Pakistan. ER -
English