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Item Details
| Title:
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THE ECONOMY OF MODERN ISRAEL
MALAISE AND PROMISE |
| By: |
Assaf Razin, Efraim Sadka |
| Format: |
Hardback |
| List price:
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£55.00 |
| Our price: |
£49.50 |
| Discount: |
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| You save:
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£5.50 |
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| ISBN 10: |
0226705897 |
| ISBN 13: |
9780226705897 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
THE UNIVERSITY OF CHICAGO PRESS |
| Pub. date: |
1 September, 1993 |
| Edition: |
74th ed. |
| Pages: |
272 |
| Synopsis: |
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. |
| Illustrations: |
26 line drawings, 73 tables |
| Publication: |
US |
| Imprint: |
University of Chicago Press |
| Returns: |
Returnable |
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