Communications

Prof. Esteban Klor, a professor of economics at the Hebrew University of Jerusalem and a senior researcher at INSS (Institute for National Security Studies), points out that until the outbreak of war in October last year, the defense budget had fallen steadily to 4% of GDP. "The consequences of a continued high defense budget are significant, because it comes at the expense of...

Israel’s economy could shrink even more than that, based on a worst-case estimate by the Institute for National Security Studies at Tel Aviv University. Even in a more benign scenario, its researchers also see Israel’s gross domestic product per head — which in recent years overtook the United Kingdom’s — falling this year, as Israel’s population grows faster than the economy...

At the start of the week, the Institute for National Security Studies published a document titled "Consequences of Continued War on Israel's Economy: Three Scenarios." The document, authored by researchers Tomer Fadlon, Esteban Klor, and Ofer Shelah, examines the potential impacts on Israel's economy if the current situation persists, if there is a comprehensive arrangement...

Residents have fled the region by the tens of thousands. If they decide it will never be safe enough to return home, "it will affect the economy in these places in the long run in a way that could definitely be lethal," said Tomer Fadlon, an economist at Tel Aviv University. ..."If we have a war with Hezbollah, given the arsenal that they have, they can paralyze the country...

“Investments will not be all pulled out in one day, but gradually,” Professor Esteban Klor of the Economics Department at the Hebrew University of Jerusalem and a senior researcher at the Institute for National Security Studies at Tel Aviv University, told The Media Line. “If the message coming out of Israel is that it is not a friendly place for the business sector, people...