Macroeconomic performance of the Israeli economy in the 21st millennium

Yochanan Shachmurove and Zilberfarb Ben-Zion ()
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Zilberfarb Ben-Zion: School of Banking and Capital Markets, Netanya Academic College, Netanya4223587, Israel, and Department of Economics, Bar-Ilan University, Ramat-Gan, 5290002, Israel

Economics and Business Review, 2020, vol. 6, issue 2, 45-65

Abstract: The Israeli economy in the first two decades of the 21st century is an example of an economic transformation that may serve as a role model for addressing many challenges to economic growth. Data from this period have shown significant developments in economic growth over this relatively short period of time and indicate that these advances are attributable to policies targeting inflation, labor force participation and education. While challenges remain—including economic inequality, suboptimal health care and the threat of coronavirus pandemic to global growth—we explore developments evidenced to promote economic growth.

Keywords: growth; education and health; inequality; happiness; coronavirus; Israel (search for similar items in EconPapers)
JEL-codes: E00 F00 H00 I00 O4 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecobur:v:6:y:2020:i:2:p:45-65:n:4

DOI: 10.18559/ebr.2020.2.4

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