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Globalization : Public Economics Policy Perspectives

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Author Info

  • Razin, A.
  • Sadka, E.

Abstract

The last two decades have witnessed a growing trends toward economic openness. The removal of borders among independent economic system - local, state, national or otherwise - has immense implications for the economic policies of eatch of these systems. Now capital, firms, and labor are able to move freely across regions, states, and countries and can better exploit differences in opportunities - employment, savings, investments etc.- and in technological and economic environment, as well as in fiscal and monetary stances.

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Bibliographic Info

Paper provided by Tel Aviv in its series Papers with number 20-97.

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Length: 17 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:teavfo:20-97

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Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
Phone: 972-3-640-9255
Fax: 972-3-640-5815
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Web page: http://econ.tau.ac.il/research/foerder.asp
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Keywords: ECONOMIC INTEGRATION ; FINANCIAL POLICY;

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Cited by:
  1. Hepp, Ralf & von Hagen, Jürgen, 2009. "Fiscal Federalism in Germany: Stabilization and Redistribution Before and After Unification," CEPR Discussion Papers 7246, C.E.P.R. Discussion Papers.
  2. Ralf Hepp & Juergen von Hagen, 2010. "Interstate Risk Sharing in Germany: 1970-2006," Working papers 2010-13, University of Connecticut, Department of Economics.

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