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Adopting a systematic, yet nontechnical approach, Jacob Metzer's book is the first to analyze the divided economy of Mandatory Palestine. While the existing literature has typically focused on the Jewish economy, this book explores the socio-economic attributes of both the Arab and Jewish communities within the complex political economy of the period. The book promises to make a significant contribution to the economic history of the modern Middle East. It will appeal to economic historians, development economists and to scholars in the related fields of social and political history.