This volume, first published in 1998, presents developments in urban geography, club theory and local public finance, and international trade which contribute to the explanation of the modern opposing trends of integration and segregation. Part I explores the role of transportation costs, crowding, and preferences for a large variety of goods in shaping the main features of urban geography. Part II contains four contributions on fundamental issues associated with the provision of collective goods (club goods and local public goods) using a game-theoretic approach. Part III investigates features of the production, pricing, and consumption of congested public goods. The articles discuss the financing of transportation infrastructure (a special case of a congested public facility) in an intertemporal framework, the efficiency of monopolistic provision of congested public goods, the 'musical-suburbs' problem, and the influence of cessation forces on federations. Part IV covers key tax issues arising in a world where economic borders are gradually being removed.

"The United States of Europe" considers the post-WWII transition of Europe from a diverse and disparate continent to the economically integrated European Union of today. Initiated by the Benelux Customs Union, and later the European Coal and Steel Cooperation, the six-member European Economic Community was formed in 1957, becoming the EC in 1967, and finally the EU in 1992. This process of Europeanization reached its zenith in 1987 with the approval of the Single European act, creating a single market economy. This was followed in 1993 by the Maastricht Treaty, defining the intra-EU macro- and micro-economic parameters. The inauguration of a single common currency, the euro, on 1st January 1999 was a further innovative step, a process that has enabled the EU-27 to enjoy a competitive share of the world GDP and trade.

Islamic Economics and Finance: An Epistemological Inquiry is a scholarly work on the foundations of the role that the moral and ethical law plays on human enterprise comprising economics, finance, society and science. Divided into three parts, theoretical, empirical and application, the study covers a vast area of socio-scientific investigation and is extensively comparative in perspective. Its methodology is a mix of a textual, analytical, diagrammatic, mathematical and applied nature spanning various problems of Islamic economics, finance, society and science within a general-system worldview of unity of knowledge. This book presents multidimensional general-system conception, construction, formalism, application and inference as empirically viable and explainable and uses the language of philosophy of science and applied mathematical models alongside policy analysis. At a time when an epistemological study of the foundations of Islamic economics, finance, society and science is receiving crucial attention worldwide this text is equally accessible to the informed reader and the specialized one.

Across the globe every nation wrestles with how it will pay for, provide, regulate and administer its healthcare system. Health economics is the field of economics that deals with every one of those issues and the difficult issue of allocating resources where the allocation can literally mean life or death, alleviating suffering or not. A key issue that is always mentioned, but little acted on, is the role that preventive measures play in the battle against disease and using limited healthcare resources more efficaciously. This book brings together leading researchers in the healthcare economics field presenting new research on some of these key issues such as the impact of obesity on health, children's' healthcare policies, education and health; and many more.

"Transportation Indicators and Business Cycles" recognises the important role the transportation sector plays in business cycle propagation and develops indicators for this sector to identify its current state, and predict its future. The reference cycle is defined, including business and growth cycles, for this sector over the period from 1979 using both the conventional National Bureau of Economic Research (NBER) method and modern time series models. A one-to-one correspondence between cycles in the transportation sector and those in the aggregate economy is found. It also constructs an index of leading indicators for the transportation sector using rigorous statistical procedures, and performs well as a forecasting tool.

This book contains fifteen major essays on international economics. The authors investigate five principal themes: theory, and empirics, of financial issues in open economies; economic growth; public economies; and political economy. Written to honor Professor Assaf Razin of Tel Aviv and Cornell Universities on the occasion of his sixtieth birthday, the essays pay close attention to policy issues as well as formal analysis. The contributors include renowned specialists in international economics based in North America, Europe, Israel, and China. This volume of advanced research will be of interest to scholars, policy makers, and advanced students alike.

This volume, first published in 1998, presents developments in urban geography, club theory and local public finance, and international trade which contribute to the explanation of the modern opposing trends of integration and segregation. Part I explores the role of transportation costs, crowding, and preferences for a large variety of goods in shaping the main features of urban geography. Part II contains four contributions on fundamental issues associated with the provision of collective goods (club goods and local public goods) using a game-theoretic approach. Part III investigates features of the production, pricing, and consumption of congested public goods. The articles discuss the financing of transportation infrastructure (a special case of a congested public facility) in an intertemporal framework, the efficiency of monopolistic provision of congested public goods, the 'musical-suburbs' problem, and the influence of cessation forces on federations. Part IV covers key tax issues arising in a world where economic borders are gradually being removed.

The growing economic openness expressed in the globalization of independent economic systems has created problems as well as opportunities that cross formal borders in unexpected ways. Professors Assaf Razin and Efraim Sadka explore the ramifications of globalization in selected public finance issue areas. Seven main topics are covered by the sixteen papers in the volume: the international mobility of technology; capital flows and exchange rate misalignments; tax incentives and patterns of capital flows; income redistribution and social insurance in federal systems; tax harmonization and coordination; political economy aspects of international tax competition; the migration of skilled and unskilled labour; and the fiscal aspects of monetary unification.

The growing economic openness expressed in the globalization of independent economic systems has created problems as well as opportunities that cross formal borders in unexpected ways. Professors Assaf Razin and Efraim Sadka explore the ramifications of globalization in selected public finance issue areas. Seven main topics are covered by the sixteen papers in the volume: the international mobility of technology; capital flows and exchange rate misalignments; tax incentives and patterns of capital flows; income redistribution and social insurance in federal systems; tax harmonization and coordination; political economy aspects of international tax competition; the migration of skilled and unskilled labour; and the fiscal aspects of monetary unification.

This book fills a gap in the literature by combining elements from seemingly disjointed parts of economics and presenting them in a consistent analytical framework. It lays the groundwork for the integration of capital, labor, and finance into a unified treatment of globalization. The book is intended as a compact textbook for advanced undergraduate and graduate courses in special topics in international economics and public economics. It can also serve as a reference text for applied researchers and policy professionals.

This book fills a gap in the literature by combining elements from seemingly disjointed parts of economics and presenting them in a consistent analytical framework. It lays the groundwork for the integration of capital, labor, and finance into a unified treatment of globalization. The book is intended as a compact textbook for advanced undergraduate and graduate courses in special topics in international economics and public economics. It can also serve as a reference text for applied researchers and policy professionals.

Fifteen major essays on international economics investigate five principal themes: theory, and empirics, of financial issues in open economies; economic growth; public economies; and political economy. Written to honor Assaf Razin of Tel Aviv and Cornell Universities on the occasion of his sixtieth birthday, the essays pay close attention to policy issues and formal analysis. The contributors include renowned specialists in international economics based in North America, Europe, Israel, and China.

The 1990s saw global flows of foreign direct investment increase some sevenfold, spurring economists to explore FDI from a micro- or trade-based perspective. Foreign Direct Investment is one of the first books to analyze the macroeconomics of FDI, treating FDI as a unique form of international capital flow between specific pairs of countries. By examining the determinants of the aggregate flows of FDI at the bilateral, source-host-country level, Assaf Razin and Efraim Sadka present the first systematic global analysis of the singular features of FDI flows. Drawing on a wealth of fresh data, they provide new theoretical models and empirical techniques that illuminate the vital country-pair characteristics that drive these flows. Uniquely, Foreign Direct Investment examines FDI between developed and developing countries, and not just between developed countries. Among many other insights, the book shows that tax competition vis-a-vis FDI need not lead to a "race to the bottom." Foreign Direct Investment is an essential resource for graduate students, academics, and policy professionals.

The 1990s saw global flows of foreign direct investment increase some sevenfold, spurring economists to explore FDI from a micro- or trade-based perspective. "Foreign Direct Investment" is one of the first books to analyze the macroeconomics of FDI, treating FDI as a unique form of international capital flow between specific pairs of countries.

By examining the determinants of the aggregate flows of FDI at the bilateral, source-host-country level, Assaf Razin and Efraim Sadka present the first systematic global analysis of the singular features of FDI flows. Drawing on a wealth of fresh data, they provide new theoretical models and empirical techniques that illuminate the vital country-pair characteristics that drive these flows. Uniquely, "Foreign Direct Investment" examines FDI between developed and developing countries, and not just between developed countries. Among many other insights, the book shows that tax competition vis-a-vis FDI need not lead to a "race to the bottom." "Foreign Direct Investment" is an essential resource for graduate students, academics, and policy professionals."

From Malthus to Becker, the economic approach to population growth and its interactions with the surrounding economic environment has undergone a major transformation. Population Economics elucidates the theory behind this shift and the consequences for economic policy. From Malthus to Becker, the economic approach to population growth and its interactions with the surrounding economic environment has undergone a major transformation. Population Economics elucidates the theory behind this shift and the consequences for economic policy. Razin and Sadka systematically examine the microeconomic implications of people's decisions about how many children to have and how to provide for them on population trends and social issues of population policy. The authors analyze how these decisions affect labor supply, consumption, savings and bequests, investments in human capital, and economic growth, along with related new issues such as migration and income redistribution across generations, in an integrated microeconomic framework. Population Economics is a thoroughly modern treatment of population economics as a field in public economics. It integrates and extends Marc Nerlove's Household and Economy: Welfare Economics of Endogenous Fertility, as well as work written jointly with colleagues that has appeared in various journals and other publications.