Israeli armuy soldiers deploy at a position near the border with Gaza in southern Israel on October 11, 2023.
As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how a protracted fight could weigh on the country's dynamic economy.
Israel's standing army, air force and navy is is comprised of 150,000 members.
"The impact is substantial," said Eyal Winter, a professor of economics at Hebrew University in Jerusalem who has studied the economic impact of Israel's wars.
But, he added, "there's also a major increase in tourism when the fighting ends due to pent up demand."
Persons:
Israel, Eyal Winter, there's
Organizations:
Hebrew University
Locations:
Gaza, Israel, Jerusalem