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Kibbutz Crisis
The Kibbutz crisis ( he, משבר הקיבוצים) was an acute economic crisis many of the kibbutzim in Israel experienced during the 1980s and that many still experience today. The crisis began in the early 1980s and intensified after the 1985 Israel Economic Stabilization Plan, Israeli economic stabilization program of 1985 during which the inflation stopped, and was characterized by the accumulating of large debts from the kibbutzim and in low return. The economic crisis in many of the kibbutzim was also accompanied by a social crisis and a demographic crisis. In 1989 and 1996 the Israeli government, the Israeli banks and the kibbutz movements agreed upon two debt arrangements to help resolve the economic crisis. The demographic crisis and the social crises were the major catalyst for the change processes many of the kibbutzim have experienced since the 1990s. Alongside the many kibbutzim who ended up experiencing an economic crisis, is a small group of kibbutzim the crisis sk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Crisis
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simha Erlich
Simha Erlich ( he, שמחה ארליך, 15 December 1915https://www.lemonde.fr/archives/article/1983/06/21/mort-de-m-simha-erlich-president-du-parti-liberal-et-vice-premier-ministre-la-derniere-colombe-du-cabinet-begin_3076910_1819218.html – 19 June 1983) was an Israeli politician. He was the leader of the Liberal Party and Minister of Finance under Menachem Begin, and is known for his attempt to liberalize the Israeli economy. Biography Erlich was born in 1915 in Bachów, Kingdom of Galicia and Lodomeria, Austria-Hungary, today Poland, and was a member of the General Zionists youth movement. He immigrated to Mandatory Palestine in 1938 and worked as a farmer in Nes Ziona. He studied optics and founded a lens factory. In 1955 he was elected to Tel Aviv city council, and became a member of the Liberal Party. In 1969 he quit the city council and was elected to the Knesset on the Gahal list (Gahal being a coalition between the Liberal Party and Herut). In 1976 he was elected ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kibbutzim
A kibbutz ( he, קִבּוּץ / , lit. "gathering, clustering"; plural: kibbutzim / ) is an intentional community in Israel that was traditionally based on agriculture. The first kibbutz, established in 1909, was Degania. Today, farming has been partly supplanted by other economic branches, including industrial plants and high-tech enterprises. Kibbutzim began as utopian communities, a combination of socialism and Zionism. In recent decades, some kibbutzim have been privatized and changes have been made in the communal lifestyle. A member of a kibbutz is called a ''kibbutznik'' ( he, קִבּוּצְנִיק / ; plural ''kibbutznikim'' or ''kibbutzniks''). In 2010, there were 270 kibbutzim in Israel with population of 126,000. Their factories and farms account for 9% of Israel's industrial output, worth US$8 billion, and 40% of its agricultural output, worth over US$1.7 billion. Some kibbutzim had also developed substantial high-tech and military industries. For example, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Israel
The economy of Israel is a developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par with Silicon Valley. Israel ranks 35th on the World Bank's ease of doing business index. It has the second-largest number of startup companies in the world after the United States, and the third-largest number of NASDAQ-listed companies after the U.S. and China. American companies such as Intel, Microsoft, and Apple built their first overseas research and development facilities in Israel. Other high-tech multi-national corporations, such as IBM, Google, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened R&D centers in the country. The country's major economic sectors are high-technology and industrial manufacturing. The Israeli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Haaretz Newspaper
''Haaretz'' ( , originally ''Ḥadshot Haaretz'' – , ) is an Israeli newspaper. It was founded in 1918, making it the longest running newspaper currently in print in Israel, and is now published in both Hebrew and English in the Berliner format. The English edition is published and sold together with the ''International New York Times''. Both Hebrew and English editions can be read on the internet. In North America, it is published as a weekly newspaper, combining articles from the Friday edition with a roundup from the rest of the week. It is considered Israel's newspaper of record. It is known for its left-wing and liberal stances on domestic and foreign issues. As of 2022, ''Haaretz'' has the third-largest circulation in Israel. It is widely read by international observers, especially in its English edition, and discussed in the international press. According to the Center for Research Libraries, among Israel's daily newspapers, "''Haaretz'' is considered the most influ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jewish Agency
The Jewish Agency for Israel ( he, הסוכנות היהודית לארץ ישראל, translit=HaSochnut HaYehudit L'Eretz Yisra'el) formerly known as The Jewish Agency for Palestine, is the largest Jewish non-profit organization in the world. It was established in 1929 as the operative branch of the World Zionist Organization (WZO). The stated mission of the Agency is to "ensure that every Jewish person feels an unbreakable bond to one another and to Israel no matter where they live in the world, so that they can continue to play their critical role in our ongoing Jewish story." It is best-known as the primary organization fostering the immigration of Jews in diaspora to the Land of Israel (known as '' aliyah'') and overseeing their integration with the State of Israel. Since 1948, the Jewish Agency has brought 3 million immigrants to Israel, and offers them transitional housing in "absorption centers" throughout the country. The Jewish Agency played a central role in the fou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concern (business)
A concern (german: Konzern) is a type of business group common in Europe, particularly in Germany. It results from the merger of several legally independent companies into a single economic entity under unified management. A concern consists of a controlling enterprise and one or more controlled enterprises.Stock Corporation Act 1965 (Germany), section 17 The relationship between the controlling and controlled enterprises is based on the actual commercial and management relationships, unlike parent and subsidiary companies which are related by share ownership and voting rights.Stock Corporation Act 1965 (Germany), section 16 Outside of professionals, the term ''Group'', also mistakenly ''within the meaning of large companies'' – regardless of its corporate structure – is understood. The Group concept is one of antitrust relevance: the so-called Group privilege, the privilege of the consolidated Group companies involved, means that in itself, prohibition included practices do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tnuva
Tnuva, or Tenuvah, ( he, תנובה, ''fruit'' or ''produce'') is an Israeli food creation and marketing company. The company holds in Israel a significant market share in the field of drinking milk production, dairy products and its marketing. It was for its first seventy years an Israeli food processing cooperative (co-op) owned by the kibbutzim (collective farms) and moshavim (agricultural communities), and historically specializing in milk and dairy products; it was subsequently sold by its members as a limited company and, since 2014, has been controlled by a Chinese state company, Bright Food. Tnuva is the largest food manufacturer in Israel; its sales account for 70% of the country's dairy market as well as sales of meat, eggs and packaged food. History Tnuva Central Cooperative for the Marketing of Agricultural Produce in Israel Ltd. was created in 1926, following a decision by kibbutz movement leaders to make cooperatives to distribute and export several types of food p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israel Land Administration
The Israel Land Administration (ILA; he, מנהל מקרקעי ישראל, Minhal Mekarka'ei Yisra'el; ar, مديرية أراضي اسرائيل) is an Israeli government authority responsible for managing land in Israel which is in the public domain. It manages 93% of the land in the country. As a result of reforms soon it will be transformed into Israel Land Authority. Creation Israel Land Administration was created in 1960 as a result of the Knesset legislature to oversee the distribution and protection of all lands in Israel. According to the Basic law: Israel lands (חוק יסוד: מקרקעי ישראל), ILA manages the land in Israel that is either property of the state, the Jewish National Fund (JNF) or the Development Authority. Today it is responsible for some 4,820,500 acres (19,508,000 dunams) that constitute 93% of Israel's lands, which are mostly leasable to Israeli citizens or Jewish non-residents. The remaining 7% of land is either privately owned or under th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Bubble
An economic bubble (also called a speculative bubble or a financial bubble) is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify. Bubbles can be caused by overly optimistic projections about the scale and sustainability of growth (e.g. dot-com bubble), and/or by the belief that intrinsic valuation is no longer relevant when making an investment (e.g. Tulip mania). They have appeared in most asset classes, including equities (e.g. Roaring Twenties), commodities (e.g. Uranium bubble), real estate (e.g. 2000s US housing bubble), and even esoteric assets (e.g. Cryptocurrency bubble). Bubbles usually form as a result of either excess liquidity in markets, and/or changed investor psychology. Large multi-asset bubbles (e.g. 1980s Japanese asset bubble and the 2020–21 Everything bubble), are attributed to central banking liquidity (e.g. overuse of the Fed put). In the early stages o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-signing
A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt. Private loan guarantees There are two main types: # Guarantor mortgages # Unsecured guarantor loan Guarantor mortgages Popular with young borrowers who do not have a large deposit saved and need to borrow up to 100% of the property value to purchase a property. Generally, their parents will provide a guarantee to the lender to cover any shortfall in the event of default. There are three main types # Guarantor Mortgage – generally, a parent or close family member will guarantee the mortgage debt and will cover the repayment obligations should the borrower default. # Family offset mortgage – typically, a parent or grandparent will put their savings into an account linked to the borrower’s mortgage. They do not get any intere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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