Globalization: Public Economics Policy Perspectives

Assaf Razin and Efraim Sadka

Working Papers from Tel Aviv

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.

Keywords: ECONOMIC INTEGRATION; FINANCIAL POLICY (search for similar items in EconPapers)
JEL-codes: F10 F15 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1997
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:20-97

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