The government lifted the price controls imposed in the 1940s, which were imposed to curb inflation. Between 1950 and 1965, the Israeli economy grew by an average of 11% per year. There were several reasons for such high growth: US aid and loans, compensation paid by Germany, the sale of Israeli government bonds abroad, and transfers made by Jewish immigrants from various countries. Such a high inflow of capital made it possible to implement mass investment projects.
The money was invested mainly from the state indonesia mobile database budget. Between 1967 and 1973, but in the following years the economy returned to growth. The return of immigrants continued, although not in the same numbers as in the first years of independence. A massive return occurred after the collapse of the Soviet Union, when immigrants were allowed to return to Israel.
In the 1990s, more than a million immigrants moved to Israel. The return of immigrants, along with capital and experience, was accompanied by a boom in the construction sector. By the early 2000s, every fifth person living in Israel was an immigrant returning from the Soviet Union, who had work experience (unlike some of the migrants who had returned earlier) and easily got involved in various fields of economic activity.
Israel was involved in several wars
-
- Posts: 123
- Joined: Tue Dec 03, 2024 4:50 am