Israel's massive income inequality can't be solved without addressing one of the country's biggest expenses: decades of military rule over millions of Palestinians. By Dr. Shlomo Swirski If election campaigns were about policy, there would be two main issues at the center of the present Israeli election campaign. The first is the ongoing conflict with the Palestinians. The second is the unbalanced development of Israel's economy, accompanied by persistently high poverty and inequality. The second is largely absent from the debate. The Palestinian issue is not – but it is present as the elephant in the room. [tmwinpost] Prime Minister Netanyahu does…Read More... | 13 Comments
economics of occupation
The longer military rule over millions of Palestinians persists, the less Israel will invest in education, health, and welfare. By Shlomo Swirski The hasty and rather under-reported deliberations on Israel’s 2019 state budget, approved by the Knesset on Thursday, present us with an opportunity to raise an important question: should the country stick to the policy of reducing public expenditures, especially social expenditures, relative to the rate of economic growth? [tmwinpost] This policy is well reflected in fiscal formulas, but always aimed at the reduction of budget deficits and at capping expenditures. The reduction of the deficit, for its part, facilitates…Read More...
The period of Israel's history that by far saw the largest economic growth, more than any other, was the six years following the Six Day War. And what agricultural, industrial, or hi-tech breakthroughs took place around 1967-1973? None worthy of mention. More than any other single factor, it was the establishment of the Occupation-Settlement Enterprise. By Dr. Assaf Oron This week, Dr. Karnit Flug became the first woman in Israeli history to be appointed Governor of the Israel Central Bank – a position analogous to the U.S. Federal Reserve chair. The process leading up to her appointment played out as…Read More... | 31 Comments
OUR WEEKLY NEWSLETTERSubmit
- MOST READMOST COMMENTED24 HOURS|WEEK|MONTH
- Tweets from https://twitter.com/972mag/lists/972-on-twitter