Book Description

"Based on over twenty years of research, The Israeli Economy offers a broad survey and analysis of an economy that has grown at an extraordinary rate, has been subject to large external shocks, and that has been a part of extensive conflict throughout its history. The book focuses on four main themes: understanding the secret of the rapid growth of the Israeli economy, evaluating the cost of the Israeli-Arab conflict, studying Israel as a country subject to large external shocks whose effects can be tested, and examining the effects of neoliberal policy on economic performance and inequality. Originally published in Hebrew in February 2018, the book has been restructured and framed for an English-speaking audience, omitting many details meant for Israeli readers and focusing more on the lessons that people from other countries can draw from Israel as a case study. The book draws on data from the Israeli Central Bureau of Statistics and the Statistical Appendices of the annual Bank of Israel reports, as well as from the Israeli Parliament, the research center of the Knesset, and publications from US Congress. In The Israeli Economy, Joseph Zeira provides a comprehensive economic history of a country with an important role in the Middle East, arguing that it's impossible to understand the region without understanding Israel and its phenomenal success"--