Emet Prize Laureates

Prof. Assaf Razin

2017 Laureates of Emet Prize

In Category: Social Sciences
In Field: Economics

Prof. Assaf Razin

Jury Statement

“The Emet Prize is awarded to Prof. Assaf Razin for his pioneering and influential research in international economics, which has contributed to the understanding of a range of macroeconomic issues and which has impacted upon the economic policies of countries and international institutions.”



Prof. Assaf Razin was born in 1941 in Kibbutz Shamir in the Upper Galilee. He received his B.A. from the Tel Aviv Extension of the Hebrew University in Jerusalem, his M.Sc. in Agricultural Economics from The Hebrew University (Rehovot), and his Ph.D. in Economics from the University of Chicago (1969). He joined the faculty at Tel Aviv University in 1970 and today he is Professor Emeritus. For 16 years he was a senior faculty member at Cornell University.

Through his research in the area of International Economics, he has made significant contributions in a wide array of topics, including the intertemporal approach to the balance of payments, theory of international trade under uncertainty, exchange rate regimes, fiscal policies and the world economy, global financial crises, and immigration and economic growth. His research, which has added crucial stages to the reigning approach to analysis of balance of payments, is considered to be a scientific breakthrough. He has studied, among other things, the Israeli economy, and his latest book, Israel and the World Economy: Power of Globalization, is about to be published. For many years he was involved in discussions on Israeli economic policies. In 1979, he headed the Economic Planning Authority in the Ministry of Finance, and was a member of various public committees, including the Rabinovitch Tax Reform Commission. He also served as President of the Israel Economic Association.

Over the years he held three Chairs at Tel Aviv University and a Chair at Cornell University. At Tel Aviv University he headed the Department of Economics in its initial stages and served as Dean of the Faculty of Social Sciences and Assistant Provost. He has also been a visiting professor at leading universities and central banks in the U.S. and in Europe, at European research centers and at the International Monetary Fund. He has been on the editorial boards of scientific journals and was a Fellow of the Econometric Society and of the European Economic Association. Together with researchers in Israel and worldwide, he has written about 150 articles appearing in journals and books. Nineteen of his books were published by academic publishers in the U.S.