First published in 1991, during a significant stagnation in the Israeli economy, this title discusses the causes of the economic downturn, and assesses the country’s prospects. Throughout, Aharoni measures the economic problems Israel has endured against the social and economic successes it has been able to achieve. He highlights the incongruities of the aspirations of Israel’s founders and supporters and the reality, as well as the interplay of economic and political forces that have shaped this. With a detailed introduction to the ideology and development of the state of Israel, and a history of the Israeli economy and its institutional structure, this title will be of significant value to any student studying the economic history of Israel and the Middle East.

First published in 1985, this study, focusing on Israel, looks at the underlying reasons why certain political, economic and social events have taken place in the country’s history. It provides vital analysis of the political and economic issues of the country, and those that have affected it, as well as providing statistical material on all the key data of the political economy. The book was originally published as part of the Middle East Research Institute (MERI) Reports on the Middle East which quickly established themselves as the most authoritative and up-to-date information on the state of affairs in the region.

First published in 1991, during a significant stagnation in the Israeli economy, this title discusses the causes of the economic downturn, and assesses the country’s prospects. Throughout, Aharoni measures the economic problems Israel has endured against the social and economic successes it has been able to achieve. He highlights the incongruities of the aspirations of Israel’s founders and supporters and the reality, as well as the interplay of economic and political forces that have shaped this. With a detailed introduction to the ideology and development of the state of Israel, and a history of the Israeli economy and its institutional structure, this title will be of significant value to any student studying the economic history of Israel and the Middle East.

First published in 1960, The Economy of Israel presents a critical account of the first ten years of Israeli economy. The book starts with a short description of the physical nature of the country and an examination of the Zionist ideas which played a decisive role in the formation of Israel. Part I of the book surveys the economy of Israel and traces the significant features of its development between 1948 and 1958. Part II is not a photograph of Israel’s exchange regulations at one particular date, but an eclectic account of the variable features of a flexible system that had but one constant factor, namely, the absence at any time of an effective unitary exchange rate. Part III of the book contains some general observations that are largely speculative. The book concludes with an examination of the prospects of Israel’s economy with special reference to the charitable aid which has provided it with its life blood during the first decade. This is an important historical account for scholars and researchers of economics, Middle East economics, and history of Israel.

This book examines the local and global political and institutional processes that have led to the strengthening of the Israeli central bank within the context of the now predominant neoliberal regime. Using Israel as a case study to identify broader patterns around the world, the authors examine the strengthening of central banks as a key dimension of the institutionalisation of the global regime. Drawing on an in-depth analysis of the political economy of the Israeli central bank since the mid-1980s, the authors show how the Bank of Israel mobilized global logics in order to strengthen its position vis-à-vis competing actors, especially the Ministry of Finance, and to promote the institutionalisation of the neoliberal regime. Employing a conflict-centered theoretical perspective, the authors elucidate the character of this institutional transformation and the mechanisms that were involved. Chapters examine the different phases of the process of central bank strengthening, focusing on the actors involved, the interactions between them, and the political strategies they employed, and analyse the consequences of the process for the shift in macro-economic management and in the mode of state involvement in the economy. Addressing the political and institutional processes that have led to the fundamental transformation of Israeli political economy, this book is a valuable addition to the existing literature on the Israeli banking system, political economy and globalisation.

First published in 1985, this study, focusing on Israel, looks at the underlying reasons why certain political, economic and social events have taken place in the country’s history. It provides vital analysis of the political and economic issues of the country, and those that have affected it, as well as providing statistical material on all the key data of the political economy. The book was originally published as part of the Middle East Research Institute (MERI) Reports on the Middle East which quickly established themselves as the most authoritative and up-to-date information on the state of affairs in the region.

First published in 1985, this study, focusing on Egypt, looks at the underlying reasons why certain political, economic and social events have taken place in the country’s history. It provides vital analysis of the political and economic issues of the country, and those that have affected it, as well as providing statistical material on all the key data of the political economy. The book was originally published as part of the Middle East Research Institute (MERI) Reports on the Middle East which quickly established themselves as the most authoritative and up-to-date information on the state of affairs in the region.