Israel’s prospective revival and prosperity as God’s covenant people.
Vv1-15 The distinction between Israel and the heathen.
Vv 16-21 Reason for God’s judgment.
Vv 22-33 His purpose, for his own name’s sake, to renew them.
Vv 34-38 Result.
God’s holiness and zeal for his name, and not any merit among his people, is the cause of his acting to renew and sanctify them and bless them. As the prophet says in 20:41-42, “I will be sanctified in you before the heathen.42 And ye shall know that I am the Lord.”
As Fairbairn says, “ Holiness was everything, and that by the possession or want of it all his outward dealings must be regulated.”
The fulfilment of this prophecy was in part when a remnant returned from Babylon but in reality it would have to wait till the New Testament age and specifically Pentecost when God would pour out his Spirit on all flesh.