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UID:d6db626e33de69c7ff510b338aa860e7
CATEGORIES:Seminars
CREATED:20180213T152133
SUMMARY:Assaf Razin - Tel Aviv University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:Israel and the World Economy - The Power of Globalization \n\n Abstract:\nA
 nti-globalization sentiments are rising, especially in Europe and the Unite
 d States, with the increasingly integrated global economy blamed for domest
 ic economic distress. In this book, Assaf Razin argues that Israel offers a
  counterexample to this view, showing decisively positive economic effects 
 of globalized finance, trade, and immigration. He offers a rigorous analysi
 s of the role played by globalization in key episodes in the remarkable dev
 elopment of the Israeli economy. His findings may hold lessons for producti
 vity-challenged advanced economies as well as for other countries such as C
 hina currently making the transition to fully developed economies. \nRazin 
 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 ine
 quality; the Great Moderation of inflation and employment in advanced econo
 mies, 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 invest
 ment, reinforcing Israel’s high-tech sector surge. He also considers such o
 ngoing challenges as high fertility and low labor market participation and 
 the economic costs of the Israeli-Palestinian conflict.\n
DTSTAMP:20260407T044315Z
DTSTART:20180618T163000Z
DTEND:20180618T180000Z
SEQUENCE:0
TRANSP:OPAQUE
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