NOTES

      1. Bank of Israel, Annual Report 1957 (Jerusalem: Bank of Israel 1958), p. 117 [Hebrew].

      2. Bank of Israel, Economic Policy in the Period of Immigration (Jerusalem: Bank of Israel, 1990) [Hebrew], p. 19.

      3. Nadav Halevi and Ruth Klinov-Malul, The Economic Development of Israel (New York: Bank of Israel and Frederick A. Praeger, 1968), pp. 222-223, 247-248.

      4. Asaf Razin, "Developments in the Balance of Payments", in Israel: A Developing Country, ed. Asher Arian (Van Goraum, Netherlands: Pinchas Sapir Center for Research, 1980), p. 289.

      5. Ministry of Industry and Trade, Investment Center, Explanation Sheet for Investors, [pamphlet] (Jerusalem: Ministry of Industry and Trade, 1987), p. 1.

      6. Ha'aretz, 28 December 1990.

      7. Daphne Schwartz, "Effect of the Law for the Encouragement of Investment Capital on Investment in Industry in Development Areas 1977-1984," Paper presented at the Conference of Israeli Economists of the Israel Economics Association, Jerusalem, February 1988, pp. 227-250 [Hebrew].

      8. Eliyahu Borochov, "Industry in Development Towns and its Problems," Economic Quarterly, 142 (October 1989), pp. 260-271 [Hebrew].

      9. Leora Meridor, "Financing Government Expenditure 1960-1983", Bank of Israel Research Department Discussion Paper Series 86.01 (Jerusalem: Bank of Israel, January 1986), p. 12 [Hebrew].

      10. Arie Bregman, "Technical Progress, Structural Change and Productivity: the Case of Israel," Bank of Israel, Jerusalem, Undated Draft [Hebrew].

      11. Howard Pack, Structural Change and Economic Policy in Israel (New Haven: Yale University Press, 1971), p. 160.

      12. Ha'aretz, 13 September 1990.

      13. David Ricardo, On the Principles of Political Economy and Taxation, ed. Piero Sraffa, The Works and Correspondence of David Ricardo (Cambridge: Cambridge University Press 1952), Vol. 1, p. 67.

      14. Anne Krueger, "The Political Economy of Rent Seeking Society," American Economic Review (July 1974), pp. 291-303.

      15. Janos Kornai, Contradictions and Dilemmas (Cambridge: Massachusetts Institute of Technology Press, 1986), pp. 33-50.

      16. State Comptroller, Annual Report for 1987 (Jerusalem: State Comptroller, 1988), pp. 600-604 [Hebrew].

      17. Schwartz, "Effect of the Law for the Encouragement of Investment Capital on Investment in Industry in Development Areas 1977-1984".

      18. Ha'aretz, 31 October 1990.

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