On Tuesday, July 22, at 10:00 a.m. ET, the Atlantic Council’s Scowcroft Middle East Security Initiative and GeoEconomics Center will host a conversation with Minister of Economic Affairs at the Israeli Embassy Noach Hacker on the resilience of the Israeli economy during wartime.
After Hamas’s terrorist attacks and the wars that followed, many predicted that the Israeli economy would collapse, that small businesses would go bankrupt as reservists were called up, and that foreign trade and investment would dry up. But last year, the Economist ranked Israel as the sixth-best performing economy, and in the first quarter of 2025, Israel’s gross domestic product grew by 3.4 percent, higher than the US rate. Why were these experts so wrong, and why did the Israeli economy prove so surprisingly resilient?
In a conversation moderated by GeoEconomics Center Senior Director Josh Lipsky, Hacker will discuss the strategies that have allowed Israel’s economy to endure amid several conflicts.
This conversation will take place virtually on Atlantic Council TV, YouTube, Facebook, and X. Please complete the form on this page to register.
Featuring

Noach Hacker
Minister for Economic Affairs
Embassy of Israel to the United States
Moderated by

Josh Lipsky
Chair, International Economics; Senior Director, GeoEconomics Center
Atlantic Council
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The Scowcroft Middle East Security Initiative (SMESI) provides policymakers fresh insights into core US national security interests by leveraging its expertise, networks, and on-the-ground programs to develop unique and holistic assessments on the future of the most pressing strategic, political, and security challenges and opportunities in the Middle East.

At the intersection of economics, finance, and foreign policy, the GeoEconomics Center is a translation hub with the goal of helping shape a better global economic future.
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