David Horowitz ( he, דוד הורוביץ; 1899 – 10 August 1979) was an Israeli economist and the first Governor of the

Bank of Israel The Bank of Israel ( he, בנק ישראל, ar, بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron. T ...

Biography

David Horowitz was born in

Drohobych Drohobych ( uk, Дрого́бич, ; pl, Drohobycz; yi, דראָהאָביטש;) is a city of regional significance in Lviv Oblast, Ukraine. It is the administrative center of Drohobych Raion and hosts the administration of Drohobych urban hro ...

, in Galicia, then part of the

Austro-Hungarian Empire Austria-Hungary, often referred to as the Austro-Hungarian Empire,, the Dual Monarchy, or Austria, was a constitutional monarchy and great power in Central Europe between 1867 and 1918. It was formed with the Austro-Hungarian Compromise of ...

, now in

Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...

. He

immigrated Immigration is the international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens. Commuters, tourists, and ...

to Palestine in 1920 and was one of the first members of

Hashomer Hatzair Hashomer Hatzair ( he, הַשׁוֹמֵר הַצָעִיר, , ''The Young Guard'') is a Labor Zionist, secular Jewish youth movement founded in 1913 in the Kingdom of Galicia and Lodomeria, Austria-Hungary, and it was also the name of the group ...

Finance and political career

He served as the director of the Economic Department of the

Jewish Agency for Israel 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. ...

and was a member of the Jewish Agency delegation to the United Nations in 1947. From May 1948 to June 1952, he was the first Director General of the Israeli

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec ...

. In December 1954, he founded the Bank of Israel and served as its Governor until 31 October 1971. Following his retirement, he was appointed Chairman of the Advisory Council and the Advisory Committee of the Bank of Israel, serving as an honorary chairman until his death in 1979.

Published works

*The Abolition of Poverty (1969) *Economics of Israel (1967) *Hemisphere, North and South: Economic Disparity Among Nations (1966) *State in the Making (1953) *Halakhah Kalkalit u-Mediniyyut Kalkalit be-Yisrael (1958) * Mivneh u-Megammah be-Khalkalat Yisrael (1964) * Ẓel ha-Etmol ve-Etgar ha-Maḥar (1962) * Ha-Kimmum u-Va'ayotav ba-Olam u-ve-Ereẓ Yisrael (1945) * Ha-Kalkalah ha-Ereẓ Yisre'elit be-Hitpattehutah (19482). In his autobiography Ha-Etmol Shelli (1970), Horowitz describes the ideological struggle in the Palestine Labor and colonization movement in the late 1920s.David Horowitz
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Awards and recognition

In 1968 he was awarded the Israel Prize for Social Sciences.

References

{{DEFAULTSORT:Horowitz, David 1899 births 1979 deaths Israeli economists Governors of the Bank of Israel Hashomer Hatzair members People from Drohobych Austro-Hungarian Jews Israeli people of Ukrainian-Jewish descent Israel Prize in social sciences recipients who were economists