The Economy of Modern Israel

The Economy of Modern Israel PDF

Author: Assaf Razin

Publisher: University of Chicago Press

Published: 1993-11-15

Total Pages: 276

ISBN-13: 9780226705897

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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.

The Israeli Economy

The Israeli Economy PDF

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.

Start-up Nation

Start-up Nation PDF

Author: Dan Senor

Publisher: Twelve

Published: 2011-09-07

Total Pages: 236

ISBN-13: 1455503460

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What the world can learn from Israel's meteoric economic success. Start-Up Nation addresses the trillion dollar question: How is it that Israel -- a country of 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources-- produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the UK? With the savvy of foreign policy insiders, Senor and Singer examine the lessons of the country's adversity-driven culture, which flattens hierarchy and elevates informality-- all backed up by government policies focused on innovation. In a world where economies as diverse as Ireland, Singapore and Dubai have tried to re-create the "Israel effect", there are entrepreneurial lessons well worth noting. As America reboots its own economy and can-do spirit, there's never been a better time to look at this remarkable and resilient nation for some impressive, surprising clues.

Israel and the World Economy

Israel and the World Economy PDF

Author: Assaf Razin

Publisher: MIT Press

Published: 2018-01-19

Total Pages: 233

ISBN-13: 0262037343

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A rigorous analysis of the role played by globalization in key episodes in the development of the Israeli economy, from hyperinflation crisis to high-tech surge. Anti-globalization sentiments are rising, especially in Europe and the United States, with the increasingly integrated global economy blamed for domestic economic distress. In this book, Assaf Razin argues that Israel offers a counterexample to this view, showing decisively positive economic effects of globalized finance, trade, and immigration. He offers a rigorous analysis of the role played by globalization in key episodes in the remarkable development of the Israeli economy. His findings may hold lessons for productivity-challenged advanced economies as well as for other countries such as China currently making the transition to fully developed economies. Razin examines the wave of immigration after the collapse of the Soviet Union, as highly skilled Soviet Jews migrated to Israel and the effect on income inequality; the Great Moderation of inflation and employment in advanced economies, as Israel's inflation converged in parallel with low world inflation rates; Israel's robustness in the face of the deflation shocks of the 2008 financial crisis; and technology transmission through foreign direct investment, reinforcing Israel's high-tech sector surge. He also considers such ongoing challenges as high fertility and low labor market participation and the economic costs of the Israeli-Palestinian conflict.

Israel's Technology Economy

Israel's Technology Economy PDF

Author: David Rosenberg

Publisher: Springer

Published: 2018-04-07

Total Pages: 275

ISBN-13: 3319766546

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This book documents how Israel emerged as one of the world's leading centers of high technology over the last three decades and the impact that it has had, or failed to have, on the wider economy and politics. Based on the study of start-up companies, the project attributes the rise of Israel's tech economy to its unique history, political system, and culture, and shows how those same factors have failed it in the quest to diversify its economy to make it more inclusive and equitable. This work will interest economists, political scientists, Israeli studies academics, investors, policy makers, journalists, and business readers.

OECD Economic Surveys: Israel 2020

OECD Economic Surveys: Israel 2020 PDF

Author: OECD

Publisher: OECD Publishing

Published: 2020-09-23

Total Pages: 144

ISBN-13: 9264663207

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The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel’s recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment.

The Economy of Israel

The Economy of Israel PDF

Author: Alex Rubner

Publisher: Psychology Press

Published: 1960

Total Pages: 344

ISBN-13: 9780714612492

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First Published in 1960. Routledge is an imprint of Taylor & Francis, an informa company.

The Making of Modern Israel

The Making of Modern Israel PDF

Author: Leslie Stein

Publisher: John Wiley & Sons

Published: 2013-05-20

Total Pages: 545

ISBN-13: 0745636233

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On May 14, 1948 the State of Israel was declared, announced by David Ben-Gurion at a small gathering that assembled in the main hall of the Tel Aviv Art Museum. Within a time frame of only nineteen years, culminating in the Six-Day War, Israel fought three separate wars. But within its first four years, thanks to mass immigration, its population doubled. Furthermore, Israel had been confronted with acute economic difficulties, intra Jewish ethnic tensions, a problematic Arab minority and a secular-religious divide. Apart from defence issues, Israel faced a generally hostile or, at best, indifferent international community rendering it hard pressed in securing great power patronage or even official sympathy and understanding. Based on a wide range of sources, both in Hebrew and English, this book contains a judicious synthesis of the received literature to yield the general reader and student alike a reliable, balanced, and novel account of Israel?s fateful and turbulent infancy.

My Promised Land

My Promised Land PDF

Author: Ari Shavit

Publisher: Random House

Published: 2013-11-19

Total Pages: 482

ISBN-13: 0812984641

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NEW YORK TIMES BESTSELLER • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE NEW YORK TIMES BOOK REVIEW AND THE ECONOMIST Winner of the Natan Book Award, the National Jewish Book Award, and the Anisfield-Wolf Book Award An authoritative and deeply personal narrative history of the State of Israel, by one of the most influential journalists writing about the Middle East today Not since Thomas L. Friedman’s groundbreaking From Beirut to Jerusalem has a book captured the essence and the beating heart of the Middle East as keenly and dynamically as My Promised Land. Facing unprecedented internal and external pressures, Israel today is at a moment of existential crisis. Ari Shavit draws on interviews, historical documents, private diaries, and letters, as well as his own family’s story, illuminating the pivotal moments of the Zionist century to tell a riveting narrative that is larger than the sum of its parts: both personal and national, both deeply human and of profound historical dimension. We meet Shavit’s great-grandfather, a British Zionist who in 1897 visited the Holy Land on a Thomas Cook tour and understood that it was the way of the future for his people; the idealist young farmer who bought land from his Arab neighbor in the 1920s to grow the Jaffa oranges that would create Palestine’s booming economy; the visionary youth group leader who, in the 1940s, transformed Masada from the neglected ruins of an extremist sect into a powerful symbol for Zionism; the Palestinian who as a young man in 1948 was driven with his family from his home during the expulsion from Lydda; the immigrant orphans of Europe’s Holocaust, who took on menial work and focused on raising their children to become the leaders of the new state; the pragmatic engineer who was instrumental in developing Israel’s nuclear program in the 1960s, in the only interview he ever gave; the zealous religious Zionists who started the settler movement in the 1970s; the dot-com entrepreneurs and young men and women behind Tel-Aviv’s booming club scene; and today’s architects of Israel’s foreign policy with Iran, whose nuclear threat looms ominously over the tiny country. As it examines the complexities and contradictions of the Israeli condition, My Promised Land asks difficult but important questions: Why did Israel come to be? How did it come to be? Can Israel survive? Culminating with an analysis of the issues and threats that Israel is currently facing, My Promised Land uses the defining events of the past to shed new light on the present. The result is a landmark portrait of a small, vibrant country living on the edge, whose identity and presence play a crucial role in today’s global political landscape. Praise for My Promised Land “This book will sweep you up in its narrative force and not let go of you until it is done. [Shavit’s] accomplishment is so unlikely, so total . . . that it makes you believe anything is possible, even, God help us, peace in the Middle East.”—Simon Schama, Financial Times “[A] must-read book.”—Thomas L. Friedman, The New York Times “Important and powerful . . . the least tendentious book about Israel I have ever read.”—Leon Wieseltier, The New York Times Book Review “Spellbinding . . . Shavit’s prophetic voice carries lessons that all sides need to hear.”—The Economist “One of the most nuanced and challenging books written on Israel in years.”—The Wall Street Journal