The Bank of Israel

Political Economy in the Neoliberal Era

By

Daniel Maman, Zeev Rosenhek

PublisherVan Leer Institute Press and Hakibbutz Hameuchad
Language Hebrew
Year of Publication2009
Series Theory and Criticism in Context Series

In a gradual process that began in the middle of the 1980s, the Bank of Israel became a central player in the politico-economic field. As a state organization with a global network of cross-border connections, it played a central role in initiating and promoting arrangements and policy directions that underlie neo-liberal economics. The change in the status of the Bank of Israel was a basic element in the transition of the political economy in Israel from a model of a developing state to a neo-liberal model, with all its implications.

The Bank of Israel: Political Economy in the Neo-Liberal Era outlines and analyzes the political and institutional processes—both local and global—that led Israel’s central bank to a leading position and primarily the relation between these processes and their ramifications for the Israeli economy, politics, and society.


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