Israeli Economic Policies, 1948–1951: Problems of Evaluation

Nachum T. Gross

The Journal of Economic History, 1990, vol. 50, issue 1, 67-83

Abstract: The State of Israel was established in the midst of a war for its survival, and its population doubled within three years by mass immigration. The Israeli governments opted for a system of far-reaching and direct intervention in the economy as a means of winning the war, meeting basic consumption needs, and sustaining a high investment ratio. The circumstances and ideological premises of this policy are discussed, and the major problems of evaluation spelled out.

Date: 1990
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