Israel's economic strategy

May 2011
OECD Observer;May2011, Issue 284, p16
Academic Journal
An interview with Yuval Steinitz, Minister of Finance in Israel, is presented. He cites the rising competition in Israeli exports, the unsatisfactory performances in education, and the high level of income inequality as the main economic challenges in the country. According to Steinitz, Israel can contribute to improve the standards of living through innovation due to several achievements including industrial biotechnology. He also highlights the risk of deterioration in global fiscal position.


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