The COVID-19 economy has become central to Israel’s election – opinion

srael’s economy has contracted the most since the 1970s and macroeconomic data paint a weak picture. For emerging market and developing economies, the pandemic constitutes a perfect storm as their vulnerabilities are magnified by multiple shocks. While large-scale accommodative measures by central banks of major economies have been successful in establishing global financial markets, the question is, how sustainable is this for smaller economies like Israel?

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