Liberalization and the transformation of the political economy

Michael Shalev

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

18 Scopus citations

Abstract

Surely, nothing in Israel has changed more dramatically than the economy and the assumptions underlying the states economical policies. Fifty years ago Israel was a poor new state hopelessly indebted to the outside world. Thirty-five years ago it could be described as a rapidly growing developing country undergoing successful industrialization. Fifteen years ago it was an extreme case of an economically over-burdened state incapable of stemming stagnation and spiraling inflation. But as the century comes to a close, the guardians of the “Washington consensus” hold Israel up as a model of economic liberalization and successful adaptation to globalization and technological change.1

Original languageEnglish
Title of host publicationThe New Israel
Subtitle of host publicationPeacemaking and Liberalization
PublisherTaylor and Francis
Pages129-159
Number of pages31
ISBN (Electronic)9780429964718
ISBN (Print)9780813338736
DOIs
StatePublished - 1 Jan 2018

Bibliographical note

Publisher Copyright:
© 2000 Taylor and Francis. All rights reserved.

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