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The Fifth International Conference on Complex Analysis and Dynamical Systems (CA&DS V), sponsored by ORT Braude College (Karmiel, Israel), Bar-Ilan University (Ramat-Gan, Israel) and the University of Miami (Miami, FL, USA), took place at the Palm Beach Hotel, Akko (Acre), Israel, during May 22-27, 2011. The conference was devoted to the interaction between various branches of Mathematical Analysis and was organized into three main parallel sessions: Complex Analysis, Partial Differential Equations and General Relativity. Altogether, 125 participants from 18 countries attended the Conference. The Conference was held in conjunction with the ISF (Israel Science Foundation) Workshop on Normal Families, Meromorphic Functions, and Value Distribution Theory. These proceedings are the tangible record of the Conference. Most of the papers collected here have been contributed by participants in the Conference. In some cases, they have chosen to submit manuscripts which depart from the texts of their lectures. Several invited speakers who were unable to attend the Conference also contributed papers to these proceedings. All submissions have been carefully refereed. We acknowledge with thanks the support provided for the Conference by the Galilee Research Center for Applied Mathematics of ORT Braude College, the Gelbart Research Institute for Mathematical Sciences of Bar-Ilan University, the ESF Networking Programme “Harmonic and Complex Analysis and Applications,” the Emmy Noether Research Institute for Mathematics of Bar-Ilan University, the US National Science Foundation and the University of Miami. Finally …