The Israeli Path to Neoliberalism: The State, Continuity and Change

ISBN-13: 9781138721869 / Angielski / Twarda / 2018 / 254 str.

Arie Krampf

Opis

The economic history of Israel is often portrayed as a story of transformation from interventionism/socialism to liberalization and market economy. This narrative is promoted both by liberal economists who praise the market-oriented reforms as well as by social-democrat activists who condemn it as the triumph of capital over labor. This book debunks the from-socialism-to-liberalization narrative. Instead, it argues that the economic history of Israel--its continuity as well as its change--can be explained on the basis of one key causal factor: the state preferences as were shaped by, on the one hand, material and institutional domestic conditions, and, on the other hand, by imported economic ideas originated, mainly, in the U.S. policy discourse

Spis treści

Introduction: Market Nationalism and the Israeli Capitalism  1. States and Markets in Late-Developing Economies Part One: The Formative Period: Economic Ideas and State Preferences  2. Towards an Industrial Revolution  3. Constructing State Capacities  Part Two: From Full Employment to Economic Independence: Production and Finance  4. Economic Independence: Reality, Policy and Rhetoric  5. Establishing a Central Bank in a Late-Developing Country  6. Bank of Israel Independence  7. Developmental Central Banking  8. A Financial Revolution in Israel  Part Three: The Path to Neoliberalism  9. The Stabilization Plan  10. Israel's Hawkish Neoliberalism

O autorze

Arie Krampf is a Senior Lecturer in International Relations at the School of Government and Society, at the Academic College of Tel Aviv Yaffo, Israel. His research focuses on the political economy of Israel, International Political Economy, European monetary integration and Economic History.