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His findings may hold lessons for productivity-challenged advanced economies as well as for other countries such as China currently making the transition to fully developed economies.Razin examines the wave of immigration after the collapse of the Soviet Union, as highly skilled Soviet Jews migrated to Israel and the effect on income inequality; the Great Moderation of inflation and employment in advanced economies, as Israel's inflation converged in parallel with low world inflation rates; Israel's robustness in the face of the deflation shocks of the 2008 financial crisis; and technology transmission through foreign direct investment, reinforcing Israel's high-tech sector surge. He also considers such ongoing challenges as high fertility and low labor market participation and the economic costs of the Israeli-Palestinian conflict.","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50515516457233,"sku":"CIN0262037343VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262037343.jpg?v=1750843722"},{"product_id":"economics-of-globalization-book-assaf-razin-9780521622684","title":"The Economics of Globalization","description":"The growing economic openness expressed in the globalization of independent economic systems has created problems as well as opportunities that cross formal borders in unexpected ways. Professors Assaf Razin and Efraim Sadka explore the ramifications of globalization in selected public finance issue areas. Seven main topics are covered by the sixteen papers in the volume: the international mobility of technology; capital flows and exchange rate misalignments; tax incentives and patterns of capital flows; income redistribution and social insurance in federal systems; tax harmonization and coordination; political economy aspects of international tax competition; the migration of skilled and unskilled labour; and the fiscal aspects of monetary unification.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52120595202321,"sku":"NLS9780521622684","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521622684.jpg?v=1757426398"},{"product_id":"globalization-migration-and-welfare-state-book-assaf-razin-9783030643942","title":"Globalization, Migration, and Welfare State","description":"This book is about three key dimensions in economics—globalization, migration and the welfare state—that are of enduring interest. These issues are particularly important to consider at the present moment given the strains posed by the pandemic: there is at least a temporary setback to trade-globalization and migration, and the cost of fighting the pandemic will strain the ability of governments to provide welfare state services in a style and scope to which many of their citizens have become accustomed. The book explains the changing function of the welfare state in the presence of intensified globalization, or de-globalization, forces. The welfare state’s policy-maker attitudes toward openness and migration depend on open-economy fundamentals, and the income class it represents. The author demonstrates the interactions between migration, globalization and macroeconomic policy in practice, using real-world unique episodes, with Israel deemed as well-functioning trifecta, and the US and Europe as imperfectly functioning trifecta.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52140387664145,"sku":"NLS9783030643942","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783030643942.jpg?v=1757574258"},{"product_id":"economics-of-globalization-book-assaf-razin-9780521074353","title":"The Economics of Globalization","description":"The growing economic openness expressed in the globalization of independent economic systems has created problems as well as opportunities that cross formal borders in unexpected ways. Professors Assaf Razin and Efraim Sadka explore the ramifications of globalization in selected public finance issue areas. Seven main topics are covered by the sixteen papers in the volume: the international mobility of technology; capital flows and exchange rate misalignments; tax incentives and patterns of capital flows; income redistribution and social insurance in federal systems; tax harmonization and coordination; political economy aspects of international tax competition; the migration of skilled and unskilled labour; and the fiscal aspects of monetary unification.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52146079629585,"sku":"NLS9780521074353","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521074353.jpg?v=1757596381"},{"product_id":"labor-capital-and-finance-book-assaf-razin-9780521780742","title":"Labor, Capital, and Finance","description":"Traditional textbook analysis of international trade and labour movements typically ignores basic features of the welfare state. Similarly, the theory of finance and capital structure seldom treats international capital flows and their implications for central macroeconomic variables such as saving and investment. Under such circumstances, barriers to capital flows are undesirable. Despite the volumes that have been written on the markets and the desirability of regulating capital flows, there has been little work on the magnitude of distortions in these flows. This book fills a gap by combining elements from these disjointed parts of economics and presents them in an analytical framework. It lays the groundwork for the integration of capital, labour, and finance into a unified treatment of globalisation. The book is intended as a compact textbook for advanced undergraduate and graduate courses in international economics and public economics. It also serves as a reference for researchers and professionals.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52404911145233,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52404911636753,"sku":"NLS9780521780742","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521780742.jpg?v=1758765553"},{"product_id":"globalization-migration-and-welfare-state-book-assaf-razin-9783030643911","title":"Globalization, Migration, and Welfare State","description":"This book is about three key dimensions in economics—globalization, migration and the welfare state—that are of enduring interest. These issues are particularly important to consider at the present moment given the strains posed by the pandemic: there is at least a temporary setback to trade-globalization and migration, and the cost of fighting the pandemic will strain the ability of governments to provide welfare state services in a style and scope to which many of their citizens have become accustomed. The book explains the changing function of the welfare state in the presence of intensified globalization, or de-globalization, forces. The welfare state’s policy-maker attitudes toward openness and migration depend on open-economy fundamentals, and the income class it represents. The author demonstrates the interactions between migration, globalization and macroeconomic policy in practice, using real-world unique episodes, with Israel deemed as well-functioning trifecta, and the US and Europe as imperfectly functioning trifecta.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52477974348049,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52477975494929,"sku":"NLS9783030643911","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783030643911.jpg?v=1759846454"},{"product_id":"economic-policy-in-theory-and-practice-book-assaf-razin-9780333392591","title":"Economic Policy in Theory and Practice","description":null,"brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52592134095121,"sku":"NLS9780333392591","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":53399322919185,"sku":"NIN9780333392591","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780333392591.jpg?v=1761065309"},{"product_id":"israel-and-the-world-economy-book-assaf-razin-9780262553315","title":"Israel and the World Economy","description":"A rigorous analysis of the role played by globalization in key episodes in the development of the Israeli economy, from hyperinflation crisis to high-tech surge.Anti-globalization sentiments are rising, especially in Europe and the United States, with the increasingly integrated global economy blamed for domestic economic distress. 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In substance most chapters reveal the close connections between real and monetary aspects. Part A on Inflation, Exchange Rates, and Macro-Economic Adjustment in the Global Economy consists of four papers. In recent years, an inflation targeting framework for monetary policy has been adopted by New Zealand, Canada, the United Kingdom, Finland, Sweden, Australia, and Spain (in chronological order). The use of inflation targeting can be viewed as a further step in the evolution of monetary policy techniques adopted by central banks. A common feature of the countries that have adopted inflation targets is the relatively poor inflation record over the last 30 years compared with other industrial countries such as Germany, Switzerland, Japan and the United States. Because of their relatively good inflation record, this latter group of countries has not explicitly adopted inflation targeting. 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Population Economics elucidates the theory behind this shift and the consequences for economic policy.\u003c\/b\u003e\u003cp\u003eFrom Malthus to Becker, the economic approach to population growth and its interactions with the surrounding economic environment has undergone a major transformation. \u003ci\u003ePopulation Economics\u003c\/i\u003e elucidates the theory behind this shift and the consequences for economic policy. Razin and Sadka systematically examine the microeconomic implications of people's decisions about how many children to have and how to provide for them on population trends and social issues of population policy. The authors analyze how these decisions affect labor supply, consumption, savings and bequests, investments in human capital, and economic growth, along with related new issues such as migration and income redistribution across generations, in an integrated microeconomic framework. \u003ci\u003ePopulation Economics\u003c\/i\u003e is a thoroughly modern treatment of population economics as a field in public economics. It integrates and extends Marc Nerlove's Household and Economy: Welfare Economics of Endogenous Fertility, as well as work written jointly with colleagues that has appeared in various journals and other publications.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52676962976017,"sku":"NLS9780262517225","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780262517225.jpg?v=1762305149"},{"product_id":"economy-of-modern-israel-book-assaf-razin-9780226705897","title":"The Economy of Modern Israel","description":"In this up-to-date study of the Israeli economy, Assaf Razin and Efraim Sadka cover the entire economic history of the state, focusing on links between Israel's economic growth, its integration into world markets, its tax and welfare systems, and the political conflicts in the Middle East.   The authors present the first detailed economic analysis of the Palestinian uprising, showing how the unrest has led to a fall in Arab employment in Israel and serious economic loss to the occupied territories with some loss to Israel. They also examine how the uprising has affected Israel's financial standing internationally and the inflow of foreign aid.   Razin and Sadka see promise for Israel's economy in the waves of immigration from the former Soviet Union, despite the current difficulties in absorbing the immigrants; in the coexistence of a flourishing and highly competitive private sector with a relatively large public sector, which is undergoing privatization; and in a tax structure that encourages long-term saving and business growth. By examining the interplay between the exchange rate, interest rates, and monetary and anti-inflation policies, the authors investigate the possibilities for renewed growth and conclude that the future of Israel's economy crucially depends on serious efforts to secure peace in the Middle East.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52765812031761,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":52765813702929,"sku":"NGR9780226705897","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780226705897.jpg?v=1763642729"}],"url":"https:\/\/www.worldofbooks.com\/en-gb\/collections\/author-books-by-assaf-razin.oembed","provider":"World of Books ","version":"1.0","type":"link"}