全球智库信息集成服务系统(G2TT): Israel and the 1990-2015 Global Developments: Riding with the Global Flows and Weathering the Storms

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w22567
来源ID	Working Paper 22567
	Israel and the 1990-2015 Global Developments: Riding with the Global Flows and Weathering the Storms
	Assaf Razin; Steven Rosefielde
发表日期	2016-08-25
出版年	2016
语种	英语
摘要	The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the impact of these events on Israel’s development, institutions, and economic policies. Israel had a remarkable development during this time, from a low income high-inflation developing economy in the 1970s, to a medium to high income stable- inflation advanced economy in the 2000s, while increasingly integrated into the world economy. The extraordinary events surveyed include: (1) The collapse of the Soviet Union and the massive immigration to Israel which followed; (2) The Great Moderation in inflation and employment fluctuations in the advanced economies; (3) The 2008 global financial crisis, epi-centered in the US, and the contagion of the financial crisis to Europe; and (4) The rise of East Asia high-growth economies. Moderating spillovers from the advanced economies during the Great Moderation, the global information technology revolution, the influx of skilled immigrants from the former Soviet Union, the gradual buildup of robust and well-regulated financial institutions over decades after the hyper-inflation crisis, and the deep and extensive integration into the global economy, all provided the Israeli economy with an entry “ticket” to the OECD; the 35-member group of the world advanced economies. It came, however at a cost of rising income inequality.
主题	International Economics ; International Macroeconomics ; History ; Other History
URL	https://www.nber.org/papers/w22567
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580241
推荐引用方式 GB/T 7714	Assaf Razin,Steven Rosefielde. Israel and the 1990-2015 Global Developments: Riding with the Global Flows and Weathering the Storms. 2016.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w22567.pdf（987KB）	智库出版物		限制开放	CC BY-NC-SA	浏览