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Monograph on poverty in Israel - examines the economic implications, political aspects and sociological aspects of poverty and efforts (social policy, educational policy and employment policy, etc.) to combat it. Bibliography pp. 163 to 169, references and statistical tables.
This study of the social and economic disparities in Israel spans the period from the early 1920s up to the present. An investigation into historical development is combined with a thorough analysis of causes of economic inequality and poverty. Special attention is paid to the socio-economic differences between and within the communities -- the two main Jewish groups (European and Oriental) and the Arab population. Further subjects include the examination of the impact of economic growth and structural changes on inequality; the analysis of income distribution by family types; and the influence of the working wife on family income and inequality. International comparisons and the analysis of inequality in the world show Israel in a wider perspective and lend the study a more general character. Contents: Introduction: Concepts and Measurement / The Mandatory Period / Socioeconomic Development of Income Distribution / An Historical Aspect / Factors Affecting Earning and Income Differentials / Determinants of Family Income / Poverty in Israel / Israel in the World / Income Distribution in the World
This volume addresses different aspects and areas of inequality in Israel, a country characterized by high levels of economic inequality, poverty, and social diversity. The book expands on the mechanisms that produce and maintain inequality, and the role of state policies in influencing those mechanisms.
This Selected Issues paper analyzes the macro-fiscal implications of an increase in infrastructure spending, considering Israel’s dual economy character. The efficiency of investment is key to ensuring growth benefits are achieved and to containing increases in the public debt ratio. Selecting projects with low rates of return, managing public investment inefficiently, or raising investment faster than absorptive capacity, can lead to weaker growth benefits and higher debt ratios that reduce the room to sustain increased public investment. Growth benefits will likely be insufficient to prevent a significant increase in debt ratios, indicating a need for revenue measures, where reductions in tax benefits are preferable. Allowing the public debt ratio to rise as much as 10 percentage points appears too high as Israel faces wider uncertainties than most advanced economies and it should also preserve fiscal space to facilitate structural reforms for long-term growth. Given Israel’s very low civilian spending, the government should consider financing most of the additional investment with additional revenues. Israel’s sizable foregone revenue from various tax benefits—around 5 percent of GDP per year—suggests significant scope for revenue gains. Our analysis also suggests that reducing tax benefits is least detrimental to growth, which in turn would be most positive for debt dynamics.