About: Kibbutz crisis

The Kibbutz crisis (Hebrew: משבר הקיבוצים) was an acute economic crisis many of the kibbutzim in Israel experienced during the 1980s and that many still experience today. The crisis began in the early 1980s and intensified after the Israeli economic stabilization program of 1985 during which the inflation stopped, and was characterized by the accumulating of large debts from the kibbutzim and in low return. The economic crisis in many of the kibbutzim was also accompanied by a social crisis and a demographic crisis. In 1989 and 1996 the Israeli government, the Israeli banks and the kibbutz movements agreed upon two debt arrangements to help resolve the economic crisis. The demographic crisis and the social crises were the major catalyst for the change processes many of the kibbutzim have e