The Israeli Economy, 1995–2017

The lack of Russian-language research on the features of the economic development of Israel as an OECD member state underlines the urgent need to identify new trends in the Israeli economy. Not taking into account the existing variety of humanitarian studies, and especially the concentration of studies on the political history of Israel and its modern component, we can recognize a clear lack of work that would cover Israeli economy. Current trends in Israeli trade relations, which have begun to make the mselves clear, require both consideration of effective trade and economic interaction between Israel and Palestine, and identification of the peculiarities of hidden regional trade and economic ties. Israel and Palestine are in close cooperation on the exchange of labor and goods, despite the lack of a political settlement. For Palestine, Israel is a major trading partner, and Palestine plays a key security role for Israel. The second important aspect in covering new trends in the Israeli economy may be the need to study the nascent format of cooperation between Israel and the Middle East. The article explores the specifics of economic relations between Israel and the countries of the Middle East, reveals the growing role of economic relations between Israel and the countries of the region.

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An Econometric Model of the Israeli Economy, 1952-1965

Econometrica ◽

10.2307/1912198 ◽

1970 ◽

Vol 38 (5) ◽

pp. 624 ◽

Cited By ~ 8

Author(s):

Michael K. Evans

Keyword(s):

Econometric Model ◽

Israeli Economy

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Israel Surveyed

Israel and the World Economy ◽

10.7551/mitpress/9780262037341.003.0011 ◽

2018 ◽

Author(s):

Assaf Razin

Keyword(s):

Comparison Group ◽

The Government ◽

Israeli Economy

Each one of the survey books considers the Israeli economy at a different stage of its development, six common themes are as follows: (i) The relevant comparison group for considering the Israeli economy, (ii) The challenges of immigration, integration and inequality, (iii) The appropriate roles of the government and markets, (iv) Openness and dependence, (v) Inflation, crisis, and stabilization, and (vi) Growth.

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Rising Cost of Occupation

Israel and the World Economy ◽

10.7551/mitpress/9780262037341.003.0010 ◽

2018 ◽

Author(s):

Assaf Razin

Keyword(s):

Global Economy ◽

West Bank ◽

Gaza Strip ◽

Palestinian Authority ◽

The West ◽

Political Conflicts ◽

Second Intifada ◽

The Gaza Strip ◽

Political Units ◽

Israeli Economy

Since 1967 when Israel when the West Bank and Gaza Strip occupation begun, there has been increasingly taxing social-economic effects on Israel. The second uprising broke out after the collapse of the OSLO agreements, in the early 2002. The Israeli economy was hit twice. It was first hit by the dotcom crash in the US; second, by the 2000-2005 Palestinian . The drastic effects on the Palestinian economy which shortly after split in to two political units (the West bank, controlled by the Palestinian Authority, and the Gaza Strip controlled by Hamas). Especially the Gaza strip economy got down to the level of humanitarian crisis. that the early 2000s shock had relatively small effect on the long-term trajectory of Israel's real GDP. The effect on the Israeli economy of the second Intifada shock was mild, and short-lived. globalization proved to be a “shield” against the Palestinian-Israeli military conflicts and regional trade obstacles for the Israeli economy. This means, that the Israeli economy is exposed, however, to alarming long run risks. If, and when, the Palestinian-Israeli conflict, and the long occupation of the of the West Bank territory would trigger political conflicts between Israel and its trade-and-finance partners, this “shield”, provided by Israel high level of integration with the global economy, may break down.

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