The Role of Economic Advisers in Israel's Economic Policy: Crises, Reform and Stabilization

by Daniel Schiffman, Warren Young, and Yaron Zelekha

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This book illustrates the role of international economic advisors in the development of Israel's economic policies. Based on extensive archival and historical research, it presents case studies on the policy impacts of the world-renowned advisors Michal Kalecki, Abba Lerner, Richard Kahn, Milton Friedman, Herbert Stein and Stanley Fischer. The authors evaluate the contributions of these advisors to policy developments in various fields, including international trade and capital flows, exchange rates, fiscal and monetary policy, industrial policy and labor relations. Readers will discover a wealth of previously unpublished information on these advisors' activities, perspectives on policy and interactions with policymakers and the public. Using the Israeli experience as a guide, the authors subsequently derive general hypotheses regarding the conditions that are conducive to the success of economic advisors.
  • ISBN13 9783319606804
  • Publish Date 14 March 2018
  • Publish Status Active
  • Publish Country CH
  • Imprint Springer International Publishing AG
  • Edition 1st ed. 2017
  • Format Hardcover
  • Pages 176
  • Language English