Israel's Macroeconomic Malfunction
ISRAEL’S CONCURRENT MACROECONOMIC GEOPOLITICAL MALFUNCTION Introduction Israel's economy is a highly advanced free-market economy. Israel's advanced economy has made it possible for the nation to have a sophisticated welfare state, a formidable military that is rumored to be capable of deploying nuclear weapons and a full nuclear triad, modern infrastructure that rivals that of many Western nations, and a high-tech sector that is competitively on par with Silicon Valley. It boasts the third-highest number of NASDAQ-listed firms globally, behind the United States and China, and the second-highest number of startup companies globally after the United States. Israel was the location of the first international research and development centers established by US corporations, including Apple, Microsoft, and Intel. Over 400 advanced technology multinational companies, including Google, IBM, Hewlett-Packard, Cisco Systems, Facebook, and Motorola, have established research...