COVID and the Israeli Economy: A Bittersweet Reckoning

Prof. Karnit Flug, Vice President of the Israel Democracy Institute and former Chancellor of the Bank of Israel, assesses the effects of the COVID pandemic on the Israeli economy. Does the fact that Israel is a small and centralized economy work in its benefit? To what extent was the relative robustness of the Israeli economy squandered by the mishandling of the pandemic response by decision makers? How quickly will it bounce back? This episode is made possible by the Israel Democracy Institute, an independent center of research and action dedicated to strengthening the foundations of Israeli democracy.