Pinchas Landau writes about Israeli and Global economics, finance and politics
The relentless rush of events in Israel and across the region has caused this issue to change its format and content several times over the course of its writing. It is now focused solely on Section A: Regional Developments, because geo-politics has come to overshadow everything else on the agenda. Even within the regional cauldron, there is so much happening […]
» Read moreFor several months now, the number one item on the agenda of global financial markets and the global economy has been the European (originally merely Greek) crisis. Yet, although its indirect impact has been strongly felt in Israeli financial markets, it can hardly be said that this has been the number one topic on the local agenda. On the basis […]
» Read moreIn sharp contradistinction to the mainstream, the alternative scenario has as its starting-point the fact that the Israeli economy, and the pre-state Mandatory economy before it, has a long-established pattern of counter-cyclical behaviour vis-à-vis the global economy. I stress the words ‘fact’ and ‘established’, because they are crucial. To support them, let me briefly summarise the economic history of the […]
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