Globalization Economics

Author: Assaf Razin (Israel), Efraim Sadka (Israel), Editor-in-Chief Wang
Publisher:
Publish Date: 2001-12-01
Features: This book includes: international flow of technology, capital flows and exchange rate misalignment, patterns of tax incentives and capital flows, analysis of income redistribution in a federal system, tax coordination and tax cooperation with the "disappearing taxpayer," a political economy examination of international tax competition, immigration of skilled and unskilled labor, and fiscal factors of currency unification. Traditional textbooks on international trade and international factor flows typically overlook fundamental characteristics of welfare states, such as income maintenance programs and social security. Additionally, traditional analyses are conducted in a frictionless, externality-free, and informationally complete global economy. This book integrates fragmented areas of economics, such as international economics and public economics, to fill the gap in the literature. It includes cutting-edge analyses of the following topics: the international mobility of technology, capital flows and exchange rate misalignment, the limitations of income redistribution in a federal system, and tax coordination and harmonization from the perspectives of efficiency and political economy. This book can serve as a textbook for advanced undergraduates and graduate students, as well as a reference for applied researchers and policymakers.