Economic Development Problems of Israel, 1970-1980.
Purchase
Purchase Print Copy
| Format | List Price | Price | |
|---|---|---|---|
| Add to Cart | Paperback97 pages | $30.00 | $24.00 20% Web Discount |
An analysis of Israel's potential for future economic growth without further external financial support. Distinctive elements in the history of Israel's economy help explain her two decades of remarkable growth performance: growth and composition of the immigrant population, sources of investment finance, and the motivation of the people. Following the 1960-1965 period of prosperity, however, the sustained, rapid growth came to an end. The current account payments deficit fell appreciably during the recession, but when the economy recovered and expanded rapidly following June 1967, there was another upsurge in the payments deficit. The fundamental reason for much of the renewed deficit is analyzed as a structural weakness in the Israeli economy, which creates a major dilemma in the tradeoff between rapid growth and reduction of the balance-of-payments deficit. A summary of national accounts projections through 1980 is included. 97 pp
This report is part of the RAND Corporation Research memorandum series. The Research Memorandum was a product of the RAND Corporation from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.