This article makes an empirical and historical contribution regarding the role of the Labor Party government between 1992 and 1996—Yitzhak Rabin's government—in shaping the Israeli path to neoliberalism. The article argues that Rabin's government developed a new neoliberal political-economic logic that differed from the political-economic logic of the Emergency Stabilization Plan as well as from the political-economic logic of Sharon's government in the post-Intifada era. It argues that Rabin's government's political-economic logic conforms to the notion of ‘embedded neoliberalism’ (). The article also argues that political parties had greater impact on the Israeli neoliberal path than is conventionally claimed. The historical analysis is based on qualitative and quantitative research in six policy areas: supply-side, demand-side, welfare and redistribution, development, depoliticization and democratization.
ARIE KRAMPF is an Associate Professorfor Political Economy and International Relations at the School for Government and Society, The Academic College of Tel-Aviv-Yaffo. Previously has been a visiting professor at the Department of Government at the Harvard University and a researcher at the Free University of Berlin and the Max Planck Institute for the History of Science in Berlin. His research focuses on the economic history of Israel and the political economy of monetary and financial institutions. He recently published The Israeli Path to Neoliberalism: State, Continuity, Change (Routledge, 2018). Krampf is also the coordinator of the Forum for Money, Credit and Banking, under the aegis of the Israeli Association for Economic History. E-mail: a.krampf@mta.ac.il
URI ANSENBERG is a post doctorate fellow at the Hebrew University of Jerusalem studying real-estate valuation in East Jerusalem. Uri graduated with a PhD from the Manchester Business School at the University of Manchester, studying the relations between real-estate valuation and urban planning. In addition to his focus on the urban economy and planning, and ethnographic studies of professional practices, Uri's research also focuses on the urban environment, especially in relation to climate change adaptation plans. E-mail: uri.ansenberg@gmail.com
BARAK ZUR is a PhD student in Political Science at Tel Aviv University under the supervision of Dr. Ronen Mendelkern. Barak studies how globalization and democracies evolve and interact. He is especially interested in political demography and intergenerational political conflicts. Barak obtained his master's degrees in Economic History (MA) and Economics (MSc) at the University of Bayreuth (Germany) and his bachelor's degree in Philosophy, Political Science, and Economics (PPE) at Tel Aviv University. He is currently writing his dissertation on the political economy of national identities. E-mail: zurbarak@mail.tau.ac.il