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Moshe SharettBiography of a Political Moderate$
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Gabriel Sheffer

Print publication date: 1996

Print ISBN-13: 9780198279945

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198279945.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 October 2021

A Year of Troubles

A Year of Troubles

(p.569) 19 A Year of Troubles
Moshe Sharett

Gabriel Sheffer

Oxford University Press

The ability of small states to maintain a respectable existence depends on a delicate balance between their power and prestige in the international sphere and their internal social and economic stability. At the beginning of 1951 Sharett knew only too well that there existed a tremendous gap between Israel's position in these two areas. While Israel's international position and status had significantly improved, it was in the midst of a protracted social and economic crisis. First, the government was facing explicit difficulties in honouring its internal social and economic commitments, a situation which was a direct result of its immense military expenditure, the substantial investments in nation-building, and the enormous expenses connected with the absorption of immigrants. In retrospect it is clear that every Israeli policy during that period was influenced by this overriding economic predicament.

Keywords:   Sharett, Israel, economic crisis, social crisis, military expenditure, Israeli policy

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