Abstract
The article critically evaluates the literature that deals with the economic aspects of the Israeli-Arab conflict. The survey covers: (1) Data issues and lack of trustworthy time series; (2) the existence and causal direction of an arms race between Israel and its Arab neighbors; (3) the defense-growth nexus and possible spillovers from the defense industry to civilian sectors; (4) the effects of foreign aid; and (5) the dividends of a possible peace agreement. The survey concludes with recommendations for future research.
| Original language | English |
|---|---|
| Pages (from-to) | 8-15 |
| Journal | Economics of Peace and Security Journal |
| Volume | 3 |
| Issue number | 2 |
| DOIs | |
| State | Published - Jul 2008 |