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

Daniel A Schiffman, Warren Young, Yaron Zelekha

Research output: Book/ReportBookpeer-review


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 Readers will discover a wealth of previously unpublished information on these advisors’ activities, perspectives on policy and interactions with policymakers and the public.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.
Original languageEnglish
Place of PublicationCham
Number of pages176
Edition1st ed. 2017
ISBN (Electronic)3319606824, 9783319606828
StatePublished - 2017

ULI Keywords

  • uli
  • Economic history
  • Public policy
  • Economics
  • Economic History
  • History of Economic Thought/Methodology
  • Political Economy/Economic Policy
  • Public Policy


Dive into the research topics of 'The Role of Economic Advisers in Israel's Economic Policy: Crises, Reform and Stabilization'. Together they form a unique fingerprint.

Cite this