Israel: The Knowledge Economy and Its Costs

Hardcover | January 1, 2017

byDavid Rosenberg

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Under very adverse conditions, Israel has become one of the world's leading knowledge economies. At a time when high technology, science, energy conservation, and medical research have become the hottest economic sector, these very things have emerged as the country's leading industry. Thus Israel's economy is uniquely based purely on technology and innovation. But the phenomenon has created two problems. The first is the sustainability of the model and the second is the social costs it has entailed in the form of income inequality and poverty. This book examines the rise of the country's knowledge economy and its consequences using macroeconomic data, interviews with industry players, academic studies, and media reports.

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Under very adverse conditions, Israel has become one of the world's leading knowledge economies. At a time when high technology, science, energy conservation, and medical research have become the hottest economic sector, these very things have emerged as the country's leading industry. Thus Israel's economy is uniquely based purely on ...

David Rosenberg is a freelance journalist based in Israel.

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Format:HardcoverDimensions:256 pages, 8.25 × 5.5 × 1.11 inPublished:January 1, 2017Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230115829

ISBN - 13:9780230115828

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Table of Contents

Part I: Knowledge Society * What Is a Knowledge Economy * Israel as a Knowledge Economy * The Enterprise as the Product * Part II: History * Origins: Agriculture, Socialism * Intellectual Capital * The Ideological Debate * Part III: Underpinnings * Education * The Army * Finance * The State * The Security Environment * Entrepreneurialism * Part IV: The Outsiders * The Parallel Economy * The Ultra-Orthodox * Israeli Arabs * Part V: Consequences * Income Inequality * Unemployment, Poverty * Sustainability