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{{Short description|Israeli politician (1926–1998)}}
⚫ '''Yitzhak Moda'i''' (b. 1926 - d. May 22, 1998) was an ]i politician, who served several terms in the Israeli ], over the course of a 20 year career.
{{Use dmy dates|date=September 2020}}
{{Infobox officeholder
| name = Yitzhak Moda'i
| native_name = {{Nobold|{{Script/Hebrew|יצחק מודעי}}}}
| image = Meeting with minister of energy Yitzhak Moday (FL62573320) (cropped).jpg
| birth_date = 17 January 1926
| birth_place = ], ]
| death_date = {{death date and age|1998|5|14|1926|1|17|df=y}}
| office1 = Ministerial roles
| suboffice1 = ]
| subterm1 = 1977–1981
| suboffice2 = ]
| subterm2 = 1979–1980
| suboffice3 = ]
| subterm3 = 1981–1982
| suboffice4 = {{nowrap|]}}
| subterm4 = 1982–1984
| suboffice5 = ]
| subterm5 = 1984–1986
| suboffice6 = ]
| subterm6 = 1986
| suboffice7 = ]
| subterm7 = 1986–1988
| suboffice8 = ]
| subterm8 = 1988–1990
| suboffice9 = ]
| subterm9 = 1990–1992
| office10 = Faction represented in the ]
| suboffice10 = ]
| subterm10 = 1974–1990
| suboffice11 = ]
| subterm11 = 1990–1992
}}


⚫ '''Yitzhak Moda'i''' ({{langx|he|יצחק מודעי}}, 17 January 1926 – 14 May 1998) was an Israeli politician who served five terms in the ] for ] and then the ] over the course of a 20-year career.
Moda'i was a member of the now-defunct ], which later merged into the ]. He was a memebe of sevral Likud cabintes, and served as minister without portfolio, finance minister, justice minister and energy and infrastructure minister. He is best known for the 1985 economic stabilization plan that severely curtailed Israel's ] of the early 1980s, which he, as finance minister, devised together with then-Prime Minister ].

==Biography==
]
Yitzhak Madzovitch (later Moda'i) <ref>{{Cite web|url=https://www.jewishvirtuallibrary.org/jsource/biography/YModai.html|title=Yitzhak Modai}}</ref> was born in ] during the Mandate era. He attended high school in Tel Aviv and studied at the ] in Haifa. He went on to study law at the Tel Aviv branch of ], and law and economics at the ].

His wife, ] (née Herison), was ], and then president of the ]. They had three children. The eldest, Harela, was killed in a car accident when she was 22. A prize is awarded annually at the Army Radio in her name. Their son, ], is a senior diplomat in the ], since October 2019 serving as Israel's ambassador to Slovakia.

==Political career==
In 1961 he joined the ], and was a member of its directorate between 1965 and 1968. From 1969 until 1973 he served as a member of ]'s municipal council.

He was first elected to the ] on the ] list (the Liberal Party had become a faction within Likud, alongside ]). He was re-elected in 1977, and served as ] in ]'s first government, also holding the post of ] between 15 January 1979 and 22 December 1980. In Begin's cabinet as Energy Minister, Modai was considered to be one of the "hawkish" hardliners.<ref>{{cite news | last=Shipler | first=David K. | title=Among Israel's Cabinet, the Political right is also Might | date=4 November 1979 | newspaper=The New York Times | url=http://timesmachine.nytimes.com/timesmachine/1979/11/04/issue.html}}</ref> In December 1979 in his role as Energy Minister, Modai announced the Israeli government's intent to take over the Arab-run East Jerusalem Electric Company, which was viewed as one of the last existing symbols of Palestinian autonomy. The move, which appeared to have political motives in addition to the officially stated ones, brought immediate condemnation from Palestinian leaders.<ref>{{cite news | last=Shipler | first=David K | title=Israel Plans to Take Over Arab-run Power Company | date=1 January 1980 | newspaper=The New York Times | url=http://timesmachine.nytimes.com/timesmachine/1980/01/01/issue.html}}</ref> In May 1980, cabinet post disagreements, including that of Modai, imperiled the government coalition. Begin nominated Modai for Foreign Minister, but the Democratic Movement protested that Modai was unqualified and six members would vote against it. Then the Liberals, who controlled 13 seats, said they would bring down the government, thereby forcing new elections, if Modai was not confirmed.<ref>{{cite news | title=Disputes over Cabinet Posts Imperil Israeli Coalition | date=29 May 1980 | newspaper=The New York Times | url=http://timesmachine.nytimes.com/timesmachine/1980/05/29/111162171.html}}</ref> Begin stalled a collapse by serving as his own defense minister.

After being re-elected again in 1981, he became a ], before returning to the Energy and Infrastructure post in October 1982. Following the ] he became ]. In 1985 he and Prime Minister ] devised ] that managed to curtail Israel's ] of the early 1980s.<ref>. Jewishsf.com (22 May 1998). Retrieved on 9 September 2011.</ref> Due to the plan, the ] averted total collapse and inflation was reduced from an annual rate of almost 450% to less than 20% in less than two years. This plan has become a model for other countries facing similar economic situations. During the dramatic and sometimes difficult process of economic stabilization, Moda'i became known for being brilliant, but was also perceived as volatile, autocratic and chronically obstreperous.<ref>{{cite news | last=Lewis | first=Samuel W | title=Israel: The Peres Era and Its Legacy | date=1986 | work=Foreign Affairs | url=http://www.foreignaffairs.com/articles/41722/samuel-w-lewis/israel-the-peres-era-and-its-legacy}}</ref>

On 16 April 1986 he switched to the ], before leaving the cabinet. In July 1986 Prime Minister Shimon Peres, the leader of the Labor Party, forced Modai to resign after Modai sharply criticized Peres.<ref>{{cite news | title=Israelis Deadlocked Over the Dismissal of Weizman | date=2 January 1990 | newspaper=The New York Times| url=https://www.nytimes.com/1990/01/02/world/israelis-deadlocked-over-the-dismissal-of-weizman.html}}</ref> Modai, who was known for having a "sharp tongue," had been heard on public radio saying he did not need to consult Peres because "Peres doesn't understand law, just like he doesn't understand economics." In his role as Justice Minister, Modai was involved in handling a scandal, known as the ] involving ]. In announcing his forced resignation, Modai commented, "The restraint demanded of me is too much for flesh and blood."<ref>{{cite news | title=Israeli Cabinet Member Quits, Averting Crisis | date=22 July 1986 | newspaper=The New York Times| url=https://www.nytimes.com/1986/07/22/world/israeli-cabinet-member-quits-averting-crisis.html}}</ref><ref>{{cite news | title=Israel's Modai Quits Post to Cool Crisis : Justice Minister Acts After Peres Threatens Firing | date=21 July 1986 | newspaper=Los Angeles Times | url=https://www.latimes.com/archives/la-xpm-1986-07-21-mn-26600-story.html }}</ref> Modai returned to the government as a Minister without Portfolio in November. Between 1984 and 1988 he also served as chairman of the Liberal Party's presidium.
]]]
After the ] he was appointed ], before returning to the Finance portfolio in 1990. On 15 March 1990 he and four other MKs (all of them former members of the Liberal Party) broke away from Likud to form the ''Party for the Advancement of the Zionist Idea'', later renamed the ''New Liberal Party''; however, the new party remained in the government and Moda'i became Finance Minister again in 1990.

The New Liberal Party failed to cross the ] in the ] and Moda'i lost his seat.

==References==
{{Reflist}}

==External links==
*{{MKlink|id=493}}

{{Israeli Communications Ministers}}
{{IsraelFinanceMin}}
{{Israeli Ministers of Justice}}
{{Israeli National Infrastructure Ministers}}
{{Authority control}}

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Latest revision as of 04:38, 25 October 2024

Israeli politician (1926–1998)

Yitzhak Moda'i
יצחק מודעי‎
Ministerial roles
1977–1981Minister of Energy & Infrastructure
1979–1980Minister of Communications
1981–1982Minister without Portfolio
1982–1984Minister of Energy & Infrastructure
1984–1986Minister of Finance
1986Minister of Justice
1986–1988Minister without Portfolio
1988–1990Minister of Economics & Planning
1990–1992Minister of Finance
Faction represented in the Knesset
1974–1990Likud
1990–1992New Liberal Party
Personal details
Born17 January 1926
Tel Aviv, Mandatory Palestine
Died14 May 1998(1998-05-14) (aged 72)

Yitzhak Moda'i (Hebrew: יצחק מודעי, 17 January 1926 – 14 May 1998) was an Israeli politician who served five terms in the Knesset for Likud and then the New Liberal Party over the course of a 20-year career.

Biography

Yitzhak Moda'i and his wife Michal

Yitzhak Madzovitch (later Moda'i) was born in Tel Aviv during the Mandate era. He attended high school in Tel Aviv and studied at the Technion in Haifa. He went on to study law at the Tel Aviv branch of Hebrew University of Jerusalem, and law and economics at the London School of Economics.

His wife, Michal Har'el (née Herison), was Miss Israel, and then president of the Women's International Zionist Organization. They had three children. The eldest, Harela, was killed in a car accident when she was 22. A prize is awarded annually at the Army Radio in her name. Their son, Boaz Moda'i, is a senior diplomat in the Israeli Ministry of Foreign Affairs, since October 2019 serving as Israel's ambassador to Slovakia.

Political career

In 1961 he joined the Liberal Party, and was a member of its directorate between 1965 and 1968. From 1969 until 1973 he served as a member of Herzliya's municipal council.

He was first elected to the Knesset on the Likud list (the Liberal Party had become a faction within Likud, alongside Herut). He was re-elected in 1977, and served as Minister of National Infrastructure in Menachem Begin's first government, also holding the post of Minister of Communications between 15 January 1979 and 22 December 1980. In Begin's cabinet as Energy Minister, Modai was considered to be one of the "hawkish" hardliners. In December 1979 in his role as Energy Minister, Modai announced the Israeli government's intent to take over the Arab-run East Jerusalem Electric Company, which was viewed as one of the last existing symbols of Palestinian autonomy. The move, which appeared to have political motives in addition to the officially stated ones, brought immediate condemnation from Palestinian leaders. In May 1980, cabinet post disagreements, including that of Modai, imperiled the government coalition. Begin nominated Modai for Foreign Minister, but the Democratic Movement protested that Modai was unqualified and six members would vote against it. Then the Liberals, who controlled 13 seats, said they would bring down the government, thereby forcing new elections, if Modai was not confirmed. Begin stalled a collapse by serving as his own defense minister.

After being re-elected again in 1981, he became a Minister without Portfolio, before returning to the Energy and Infrastructure post in October 1982. Following the 1984 elections he became Minister of Finance. In 1985 he and Prime Minister Shimon Peres devised the economic stabilization plan that managed to curtail Israel's hyperinflation of the early 1980s. Due to the plan, the Israeli economy averted total collapse and inflation was reduced from an annual rate of almost 450% to less than 20% in less than two years. This plan has become a model for other countries facing similar economic situations. During the dramatic and sometimes difficult process of economic stabilization, Moda'i became known for being brilliant, but was also perceived as volatile, autocratic and chronically obstreperous.

On 16 April 1986 he switched to the Minister of Justice, before leaving the cabinet. In July 1986 Prime Minister Shimon Peres, the leader of the Labor Party, forced Modai to resign after Modai sharply criticized Peres. Modai, who was known for having a "sharp tongue," had been heard on public radio saying he did not need to consult Peres because "Peres doesn't understand law, just like he doesn't understand economics." In his role as Justice Minister, Modai was involved in handling a scandal, known as the Bus 300 affair involving Shin Bet. In announcing his forced resignation, Modai commented, "The restraint demanded of me is too much for flesh and blood." Modai returned to the government as a Minister without Portfolio in November. Between 1984 and 1988 he also served as chairman of the Liberal Party's presidium.

Yitzhak Moda'i park, Tzahala

After the 1988 elections he was appointed Minister of Economics and Planning, before returning to the Finance portfolio in 1990. On 15 March 1990 he and four other MKs (all of them former members of the Liberal Party) broke away from Likud to form the Party for the Advancement of the Zionist Idea, later renamed the New Liberal Party; however, the new party remained in the government and Moda'i became Finance Minister again in 1990.

The New Liberal Party failed to cross the electoral threshold in the 1992 elections and Moda'i lost his seat.

References

  1. "Yitzhak Modai".
  2. Shipler, David K. (4 November 1979). "Among Israel's Cabinet, the Political right is also Might". The New York Times.
  3. Shipler, David K (1 January 1980). "Israel Plans to Take Over Arab-run Power Company". The New York Times.
  4. "Disputes over Cabinet Posts Imperil Israeli Coalition". The New York Times. 29 May 1980.
  5. Yitzhak Moda'i, 20-year veteran of Knesset, 72. Jewishsf.com (22 May 1998). Retrieved on 9 September 2011.
  6. Lewis, Samuel W (1986). "Israel: The Peres Era and Its Legacy". Foreign Affairs.
  7. "Israelis Deadlocked Over the Dismissal of Weizman". The New York Times. 2 January 1990.
  8. "Israeli Cabinet Member Quits, Averting Crisis". The New York Times. 22 July 1986.
  9. "Israel's Modai Quits Post to Cool Crisis : Justice Minister Acts After Peres Threatens Firing". Los Angeles Times. 21 July 1986.

External links

Communications ministers of Israel
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Finance ministers of Israel
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Justice ministers of Israel Israel
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* entire or partial tenure as Substitute Justice Minister, until a replacement was found
Ministers of national infrastructure, energy and water resources Israel
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