Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 33 , 10 November 2023


Open Access | Article

Israel: How Does the Economic Miracle Able to Happen?

Juiyu Chang * 1
1 Jinan University Panyu Campus

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 33, 85-93
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Juiyu Chang. Israel: How Does the Economic Miracle Able to Happen?. AEMPS (2023) Vol. 33: 85-93. DOI: 10.54254/2754-1169/33/20231641.

Abstract

This paper primarily discusses the policies implemented by the Mapai party and the Likud party during Israel's economic transition from the statism stage to the neoliberalism stage. The study focuses on the impact of these policies on the economy and investigates how economic conditions influenced political decision-making. Israel has experienced significant economic changes since its founding in 1948, including periods of heavy state intervention in the economy, followed by a shift towards neoliberal policies in later years. To better understand these developments, this study analyzed 23 articles selected from the CNKI database, with a particular focus on the Israeli Economic Stabilization Plan of 1952 and the establishment of the Israel Development Bank in 1954. By examining the content of these articles, the study aimed to identify the effects of these policies on Israeli society and economy. The results provide valuable insights into the historical context and consequences of the policies enacted by both the Mapai and Likud parties, as well as the evolving relationship between politics and economics in the country throughout this transformative period.

Keywords

economic change, economic policy, Israel

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-087-5
ISBN (Online)
978-1-83558-088-2
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/33/20231641
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated