Alon Adika via Shutterstock
Economic analysis by Barhoum Jaraisi examining the financial impact of Israel's war on Gaza on the Israeli economy, challenging Israel’s Central Bank Governor Amir Yaron's public reassurances to international investors that Israel’s economy is capable of withstanding the shocks of war in October 2023. The piece covers the initial cost of the war at 35 billion shekels, rising unemployment levels, the cost of displacing Israeli civilians, and inflation levels. The article also lays out criticisms around government spending, Finance Minister Smotrich's budget mismanagement, and the war’s mounting cost. Valuable for research on Israeli economy, the economic costs of Israeli military operations, and the Gaza genocide.
