Ahead of Israel’s October 27 election, economic strains come into focus
Reuters Breakingviews columnist Yawen Chen argues that resilient growth masks a narrow income-tax base and employment gaps.
TLDR
Israel is set to hold an election Oct. 27. In an Oct. 20 Reuters Breakingviews column, Yawen Chen argues that growth has held up even as income-tax revenue depends heavily on a small share of workers. She points to increased emigration and lower employment among Haredi men. A different government might improve the long-term outlook, she writes, but the polls she cites leave another inconclusive result possible.
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