TY - BOOK AU - Ben-Basaá¹­,Avi AU - Gronau,Reuben AU - Zussman,Asaf TI - The Israeli economy, 1995-2017: light and shadow in a market economy SN - 9781108907620 (ebook) AV - HC415.25 .I77 2021 U1 - 330.95694054 23 PY - 2021/// CY - Cambridge PB - Cambridge University Press KW - Israel KW - Economic policy KW - Economic conditions N1 - Title from publisher's bibliographic system (viewed on 04 Mar 2021) N2 - This book describes and analyses developments in the Israeli economy from 1995 to 2017. During this period, inflation was vanquished, the deficit in the balance of payments turned into a surplus, the public debt to GDP ratio sharply decreased, and unemployment has declined to an historical low. Nevertheless, the economy still suffers from many maladies: the productivity level is among the lowest in the developed world, and inequality has generally been on the rise. In the face of these threats to future growth and social cohesiveness, the question arises: has the reliance on market forces gone too far, and has the government retreated from its traditional tasks, tasks the private sector cannot (or does not) perform UR - https://doi.org/10.1017/9781108907620 ER -