The Economics of Israel

The Economics of Israel provides information pertinent to the important features in Israel's economic development, which is the outcome of large-scale capital import. This book discusses the various economic issues that the people of the State of Israel are confronted with, including difficult problems of controlling inflation, diversity of socio-economic structure, and geopolitical isolation.

Organized into eight chapters, this book begins with an overview of Israel's geographical characteristics and natural resources. This text then examines the international economic relations of Israel. Other chapters consider the financial development in Israel since the establishment of the State. This book discusses as well the different elements of economic growth and the dynamic reaction of the economic structure of the immigration country to the process of migration. The final chapter deals with the unusual diversity of the social structure of the economy of Israel.

This book is a valuable resource for readers who are interested in the economics of Israel.

Autorentext

Dr. Horowitz is Co-Founder and CSO for My Voice AI Ltd., London where he focuses on speaker recognition, intellectual property, biometrics, speech acoustics and patents as well building upon the My Voice Platform new and innovative structures.

Dr. David M. Horowitz, who pursued his graduate studies in Electrical Engineering and Computer Science at Massachusetts Institute of Technology (M.I.T.), is a speech scientist who has led a distinguished 40-year career in industry as a C-Level Director, Entrepreneur and Scientist (expert in acoustic analysis and voice quality). He has worked for fortune 500 companies to solo operations. He performed research for nearly 10 years at MIT where he earned a graduate degree and held the highly competitive post of Research Fellow in Mechanical Engineering.

Dr. Horowitz has focused on speech and brain science, AI, conversational speech systems (early chatbots). He holds 10 patents. Dr. Horowitz has worked with U.K. start-up companies helping companies transform their theoretical concepts into usable technology since 2001. He maintains a hands-on style of engineering coupled with a collegial style of management through mentorship with a track record of delivery. His roles in industry began as a Lead Software Engineer responsible for several product 'firsts' in language, conversational personal assistants and music (sold VoiceRAD, the first commercially successful application of 1980s speech recognition technology. to Kurzweil AI).

Dr. Horowitz' work has formed the basis for his Ph.D. by Publication from the University of East-Anglia (U.E.A.), an honour and distinction awarded for his publications on human acoustics perception, digital signal processing, multi-modal robotics, and primarily in biomedical engineering applied to the rehabilitation of individuals with quadriplegia. His Ph.D. thesis represents a cohesive programme of visionary research spanning 11 years.

Dr. Horowitz was responsible for the approval of approximately $30M of contracts for auditory cognition and artificial intelligence. He has been the lead of 2 large EU collaborative grants. He was Scientific and Technical Coordinator of FASiL which developed a chatbot for managing email, contacts and calendar/agenda. He first conceived of SpechXRays which was awarded best funded Horizon 2020 project out of hundreds of projects.

Inhalt

1. Physical Background and Natural Resources
   Vegetation and Fauna
   Minerals and Raw Materials
   Communications
   
   2. Basic Data
   3. Trends and Tendencies
      Standard of Life
      Economic Growth
      Agriculture
      The Background of Rapid Industrialization
      The Availability of a Labour Supply
      The Expansion of the Home Market
      Building
      Services
      Objectives
   4. Output Consumption and Employment
      Agriculture
      Industry
      Services
      Income and Consumption
   5. The Balance of Payments and International Trade
      Balance of Trade and the National Product
      Adaptation to International Price Levels
      Economic Independence
      Rise in Output and Deficit in the Balance of Trade
      Inflationary Pressures
      Exports
      What Takes Precedence?
      Balanced Development
      Conclusions
   6. Investment
      Import of Capital
      The Task of Public Capital
      The Problem of Savings
      Structural Changes in the Economy
   7. Finances
      Budget Deficit
      Government Expenditure
      Expansion of Credit
      Monetization of Foreign Currency Balances
      Policy of Restraint
   8. The New Economic Policy in Israel
      Summary
      Post Scriptum
      Appendix: Conversion Tables
      Index