Despite last summer's war in Lebanon, Hamas's rise to leadership, Hizbullah rockets being aimed at Israeli cities, and international boycotts, Israeli economy is thriving, the national debt and unemployment have significantly dropped, and investors continue to look to Israel as fertile ground for investment.
In this article, originally published in Haaretz on April 1, 2010, IDI Senior Researcher Prof. Avraham Ben-Bassat warns that Israel's policy of reducing taxes should be frozen since it may precipitate an economic crisis, and advocates giving preference to increasing public spending while preserving the economy's stability.
The integration of talented Arab employees into Israel’s hi-tech sector could relieve the human-resources shortage for employers. Encouraging Arabs to enter the hi-tech industry could improve their economic situation significantly, which would reduce inequality and contribute to a reduction of social tensions in the Arab community.
With the featured participation of: Bank of Israel Governor, Education Minister, Economy Minister, Director-General of the Finance Ministry, Director-General of the Prime Minister Office, Chairman of the Histadrut Labor Federation, Director-General of Bank Leumi, Director General of Microsoft Israel and other VIPs