Israel today is one of the most developed countries in the world, despite the armed conflict in the country. However, at the end of 1970s – beginning of 1980s Israel was very much like Ukraine today: war, awful inflation, double-digit deficit, triple-digit debt, empty gold value reserves, threat of default, controlled National Bank, corruption, excessive state apparatus and unstable support from the US.
Who brought the state into such a condition and what steps saved Israel and made it into the first-world country in the situation of constant external threat – read in our article.
Sorry, this article is only available in Ukrainian.
Read the full report “Some Israeli lessons for Ukraine”