Why Israel’s economy is resilient in spite of the war
- Written by Michael Ben-Gad, Professor of Economics, City, University of London
Melnikov Dmitriy/ShutterstockIsrael’s war in Gaza and more limited conflict with Hezbollah on its northern border with Lebanon is taking a toll on the Israeli economy.
In the final quarter of 2023, Israel’s gross domestic product (GDP) – a measure of a country’s economic health – shrank by almost 20%. Consumption...







