By Yakir Plessner
This ebook constitutes the 1st try at a accomplished description, background, and research of Israel's economic climate. Plessner examines occasions of the earlier twenty years and advances the speculation that difficulties in the Israeli economic climate will be defined via the level of its departure from the associations and ideas that govern predominantly marketplace economies. He argues that Israel is uncommon in that it presents a chance to research a socialized ecomony embedded in a democratic society. The publication describes Israel's financial development and stagnation, the government's domination of capital and credits markets, and the absence of a very autonomous deepest region. moreover, it evaluates the stabilization software of the Eighties and its aftermath and offers a diagnosis for the long run.
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