Israeli Economy and the "Washington Consensus"

Bank of Israel submitted 2011 report, arguing economy is strong, despite gross inequalities and unsustainable neoliberal reforms. -   April 8, 2012

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Precis

While Israeli leaders are portraying the Israeli economy as strong among global recession, the growth they are boasting is based on short-term neoliberal reforms such as mass privatizations and corporate tax cuts. The Real News' Lia Tarachansky spoke to economist Shir Hever about Israel's gross economic disparities and the state of the economy.

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