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CHAPTER 1 INTRODUCTION AND SUMMARY
2A Knesset Elections 194969
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achieve Arab areas average balance of payments Bank of Israel bank shares boom boost budget cuts budget deficit capital market central forecast Chapter coalition countries credit subsidies crisis current account decline defence imports defence spending devaluation dollar economic policy effect election emergency especially exchange rate expected exports factor finance force forecast period Gahal Gaza Strip government's grant growing growth Herut Histadrut hyperinflation immigration increase industry inflation inflationary interest rates internal debt investment Israeli economy Israeli government Jewish Jordan Knesset labour market Lavi Likud loans long term major Mapam military National Unity government oil prices parties political price rises private consumption private sector production programme public consumption public sector real wages reduced remain sharp short term Source strategic structure subsidies Table taxation trade deficit transfer payments Treasury trend unemployment West Bank Yom Kippur Yoram Aridor