Ann Crit-tendon, in Foreign Affairs (Summer 1979),
P.O. Box 2615,Boulder, Colo. 80322.
After two wars, Israel's economy is in serious straits, writes Crittendon, economics specialist for the New York Times. The statistics are grim. Prices rose almost 50 percent in 1978. The national debt stands at $12.5 billion, the world's largest per capita. The
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balance-of-payments deficit last year was $3.25 billion, nearly one- fourth of the country's Gross National Product.
Prime M...