The Israeli Economy from the Foundation of the State through the 21st Century
The Israeli Economy from the Foundation of the State through the 21st Century

Author: Paul Rivlin

Publisher: Cambridge University Press

Published: 2010-11-15

Total Pages: 309

ISBN-13: 1139493965

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This book analyzes the development of the Israeli economy in its historical context. It shows how the ideology of the dominant group in the Zionist movement led to the development of agriculture, thus meeting the preconditions for successful industrialization. Remarkable, if uneven, growth has taken place, with increasing allocations for defense. Regional isolation led to the emphasis on high-quality exports for developed markets that has stimulated the technological base. Israel has benefited from mass immigration and increased access to foreign capital, factors that have transformed the economy. The book includes chapters on the development of the Jewish community in Palestine during the British Mandate; macroeconomic developments and economic policy; globalization and high technology; defense; the economics of the Arab minority; Israeli settlements and relations with the Palestinians; and the role of religion. It concludes with an examination of the socioeconomic divisions that have widened as the economy has grown.

The Israel Test
The Israel Test

Author: George Gilder

Publisher: Encounter Books

Published: 2012-07-03

Total Pages: 228

ISBN-13: 1594036136

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In this book, George Gilder claims that the reason there is such hatred and crticism of the current state of Israel is because these critics are envious of Israel’s sudden rise as a world power. This, he claims, is an inherent quality of Judaism, which, “perhaps more than any other religion, favors capitalist activity and provides a rigorous moral framework for it.” Those who currently hate Israel’s economy, such as surrounding countries in the Middle East and Western European nations that are facing socialist decline, have failed the “Israel Test” because they seek to tear down this country’s success, and America’s ability and desire to defend Israel will define our future survival as a nation: “If Israel is destroyed,” he says, “capitalist Europe will likely die as well, and America, as the epitome of productive and creative capitalism spurred by Jews, will be in jeopardy.”

The Israeli Economy
The Israeli Economy

Author: Joseph Zeira

Publisher: Princeton University Press

Published: 2021-11-23

Total Pages: 406

ISBN-13: 0691229708

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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.

The Bank of Israel
The Bank of Israel

Author: Haim Barkai

Publisher: Oxford University Press

Published: 2007-01-18

Total Pages: 352

ISBN-13: 0190293748

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These two volumes were written on the occasion of the fiftieth anniversary of the founding of the Bank of Israel. They recount the monetary history of Israel from 1948, when the country was established (and before) to the present day. Volume I retells Israel's monetary history, analyzes the background of the developments mentioned above, and describes the difficulties in regaining monetary control in recent years. This volume also provides an analytical framework to help understand the monetary developments in the inflationary era and in the disinflation process.