Decision Points Podcast S5 E8: Israel’s Wartime Economy: Navigating Crisis and Beyond

Although Israel’s economy has weathered crises before, the past eleven months of multifront war have pushed its resilience to the limit. Soaring military expenditures, plummeting tourism, and the costs of compensating reserve soldiers and displaced citizens have all taken a toll on economic growth. How much of this turbulence stems from the war itself, and to what extent have policy missteps worsened the situation? More important, what does the path to economic recovery look like?
In this episode of Decision Points, host David Makovsky is joined by Karnit Flug, the vice president of research at the Israel Democracy Institute and former governor of the Bank of Israel, where she earned recognition as one of the world’s top central bankers. Together, they discuss Israel’s wartime economy, the challenges ahead, and the resilience of the Israeli people.