Three main vantage points are brought together in this chapter: (1) Israel’s relatively good economic performance in recent years – at least, in comparison with other Western countries that have still not emerged from the recession; (2) motivations for the wave of social protests that erupted in Israel in the summer of 2011, and; (3) the big picture, which is the primary one, incorporating the first two vantage points with additional issues, and framing them within long-run and international contexts.
This chapter surveys macroeconomic developments in Israel during 2011 and discusses the difference between cyclical/temporary problems and structural problems. It also takes an in-depth look at possible solutions to the economy’s structural problems.
In light of the current budget situation, the Israeli government decided to raise the VAT by 1 percent as of September 2012, and to impose higher income tax rates and National Insurance payments on higher-earning Israelis starting in 2013. This paper examines the impact of this decision on the different strata of Israeli society.
A summer of protests – high prices, low incomes, and a growing realization of what is only the tip of the socioeconomic iceberg.
The employment behavior of Israeli men and women born in different decades has changed from each generation to the next – with differences in education levels the key divider between groups.
- Israel’s shadow economy 28 Dec 2011
- A Macro Perspective 2 Oct 2011
- Public Spending in Israel over the Long Run 2 Oct 2011
- A Macro Perspective of Israel’s Society and Economy 13 Apr 2010
- Public Expenditures – A Look at Israel’s National Priorities 13 Apr 2010
- Male Income, Female Income, and Household Income Inequality in Israel: A Decomposition Analysis 15 Dec 2009
- The Fiscal and Monetary Trap of the Israeli Economy: Heading for the Second “Lost Decade” 20 Nov 2003
- Considerations in Determining the Optimal Size of the Government Sector 20 Nov 2003
- A Socio-Economic Strategy 25 Dec 2002
- Government Policy in Time of Market Crisis 25 Dec 2002
- The Economy of a Low Intensity War 25 Dec 2002
- Budget Restraint Law and Counter-Cyclic Policy 25 Dec 2001
- A Welfare Democracy: Towards Increased Social Intervention by the Government in a Market-Economy Regime 11 Nov 2000
- High Productivity as a Prerequisite for Sustainable Economic Growth 24 Dec 1999
- Economic Downturn, Growth and the State Budget 24 Nov 1998
- US Foreign Aid to Israel 24 May 1998
- Bequething of Economic Assets – Home Ownership 14 Dec 1997
- Economic Inequality 14 Dec 1997
- Basic Commodity Subsidies and Income Distribution 18 Nov 1989
- Fiscal Welfare Issues in Anticipation of Direct-Tax Reform 18 Dec 1988
- Government Social Spending in the 1980s 14 Oct 1988
- Issues in Taxation – Family-Based Taxation 18 Jun 1987
- Issues in Taxation – Comprehensive Income Tax: Principles for Implementation in Israel 18 Jun 1987
- Government Expenditure – Structure, Target Population and Forecast of Needs 17 Jun 1987
- National Expenditure for Social Services 17 Jun 1987
- The Cost and Allocation of Social Services and Priorities in Social Policy 11 Jun 1987
- Tax Expenditure 17 Dec 1985
- Economic Inequality in Israel 1977-1982 17 Feb 1985
- Social Implications of Subsidies on Necessities 10 Nov 1984
- Social Implications of Fiscal Policy 10 Sep 1983