Tikvah
Editors’ Pick

July 15, 2020

Political Paralysis Could Leave Israel at the Mercy of Economic Crisis

A government signing checks won’t bring economic rehabilitation.

With unemployment skyrocketing and the government contemplating renewed lockdowns in the face of a second wave of the coronavirus, Israeli Treasury officials have been working to craft a fiscal plan to pave the way to economic recovery. But the budget has been stalled by the rivalry between the current prime minister, Benjamin Netanyahu, and his primary coalition partner Benny Gantz, who is scheduled to replace him in November 2021. Haviv Rettig Gur explains the impasse, and why it matters:

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