First published in 1991, during a significant stagnation in the
Israeli economy, this title discusses the causes of the economic
downturn, and assesses the country's prospects. Throughout, Aharoni
measures the economic problems Israel has endured against the
social and economic successes it has been able to achieve. He
highlights the incongruities of the aspirations of Israel's
founders and supporters and the reality, as well as the interplay
of economic and political forces that have shaped this. With a
detailed introduction to the ideology and development of the state
of Israel, and a history of the Israeli economy and its
institutional structure, this title will be of significant value to
any student studying the economic history of Israel and the Middle
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