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The Israeli Economy
A Story of Success and Costs
Brief Description
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...
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The Israeli Economy
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Description
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 neighbouring Arab countries. He reveals how the new state's astonishing growth continued into the early 1970s, tracing this growth to public investment in education and to large foreign transfers. Zeira analyses the costs of the Arab-Israeli conflict, demonstrating how economic output could be vastly greater with a comprehensive peace. He discusses how Israel underwent 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.
Series: The Princeton Economic History of the Western World
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Book Details
INFORMATION
ISBN: 9780691229690
Publisher: Princeton University Press
Format: Paperback / softback
Date Published: 07 April 2026
Country: United States
Imprint: Princeton University Press
Illustration: 45 b/w illus. 46 tables. 1 map.
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Width: 156.0mm
Height: 235.0mm
Weight: 0g
Pages: 408
About the Author
Joseph Zeira is professor of economics at the Hebrew University of Jerusalem. He lives in Jerusalem. Website josephzeira.weebly.com
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