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Israel. Report on economic development and outline of national planning - covers economic growth, the gross national product, trade, consumption, investment, savings, financing, population growth and employment, agriculture, water supply, the manufacturing industry, the mining industry, the electric power industry, telecommunications, transport, the construction industry, tourism, etc. Tables, diagrams and maps.
An authoritative economic history of Israel from its founding to the present In 1922, there were ninety thousand Jews in Palestine, a small country in a poor and volatile region. Today, Israel has a population of nine million and is one of the richest countries in the world. The Israeli Economy tells the story of this remarkable transformation, shedding critical new light on Israel's rapid economic growth. Joseph Zeira takes readers from those early days to today, describing how Israel's economic development occurred amid intense fighting with the Palestinians and neighboring Arab countries. He reveals how the new state's astonishing growth continued into the early 1970s, and traces this growth to public investment in education and to large foreign transfers. Zeira analyzes the costs of the Arab-Israeli conflict, demonstrating how economic output could be vastly greater with a comprehensive peace. He discusses how Israel went through intensive neoliberal economic policies in recent decades, and shows how these policies not only failed to enhance economic performance, but led to significant social inequality. Based on more than two decades of groundbreaking research, The Israeli Economy is an in-depth survey of a modern economy that has experienced rapid growth, wars, immigration waves, and other significant shocks. It thus offers important lessons for nations around the world.
First Published in 1960. Routledge is an imprint of Taylor & Francis, an informa company.
In this up-to-date study of the Israeli economy, Assaf Razin and Efraim Sadka cover the entire economic history of the state, focusing on links between Israel's economic growth, its integration into world markets, its tax and welfare systems, and the political conflicts in the Middle East. The authors present the first detailed economic analysis of the Palestinian uprising, showing how the unrest has led to a fall in Arab employment in Israel and serious economic loss to the occupied territories with some loss to Israel. They also examine how the uprising has affected Israel's financial standing internationally and the inflow of foreign aid. Razin and Sadka see promise for Israel's economy in the waves of immigration from the former Soviet Union, despite the current difficulties in absorbing the immigrants; in the coexistence of a flourishing and highly competitive private sector with a relatively large public sector, which is undergoing privatization; and in a tax structure that encourages long-term saving and business growth. By examining the interplay between the exchange rate, interest rates, and monetary and anti-inflation policies, the authors investigate the possibilities for renewed growth and conclude that the future of Israel's economy crucially depends on serious efforts to secure peace in the Middle East.
In recent years Israelis have discovered that no issue is more critical to the future of Israel than its economy. This discovery is part of the great change now taking place in Israel from the founding era to the era of settling in. This book represents an effort to understand what has gone before as Israel is about to open a new chapter in its political economy. The authorsóYosef Gabbay, David Kochav, Dabid Rodet, Raphael Roter, Moshe Sanbar, and Nira Shamaióare leading economists who have been personally involved in policy-making and implementation almost since the beginning of the state. Contents: The Political Economy of Israel, 1948-1982; The Influence of Defense Expenditure on the Israeli Economy; The Balance of Payments and Economic Growth; Israel's Fiscal Policy, 1948-1982; Social Effects of the Fiscal System; Social Policy and the Israeli Economy, 1948-1980; Housing Policy; Education Policy; Health Care Policy; Social Security and Income Maintenance Policy Policy; Bibliography; Index. Co-published with the Jerusalem Center for Public Affairs.