Download ISRAEL Vision To Become One of the 15 Leading Countries in

ISRAEL Vision
To Become One of the 15 Leading
Countries in Quality of Life
Second Annual ISRAEL 15 Conference
16th of Sivan 5769
June 8, 2009
Israel Must Leap
Large Gap
Gaps continue
Developed
in Quality
Israel
Danger
of
Collapse
Countries
toofwiden
Life
Leapfrogging
is not
a luxury;
it isHeavy
a necessity!
security burden
Israel is 2nd in the world in the
Weak education system
export of Human Capital
Low participation in work force
According to The Economist Israel ranks
38th in Quality of Life
2
ISRAEL15 Vision
ISRAEL15 Vision: Becoming one of the
fifteen leading countries in terms of
Quality of Life
This Vision requires a Social and
Economic Leapfrog in order to close the
gap in Quality of Life between Israel and
other developed countries
3
Countries that have Leapt
US = 1
.8
Since then, Israel has grown by
1.5% and has not closed the gap
Western Europe
.6
60% of the US
.2
.4
Israel
Singapore
Israel leapt between
30% of the US
1951-72
During this time, Singapore
& South Korea both leapt
0
South Korea
1950
1960
1970
1980
2000 2007
1990
GDP Rate Compared to the US )1950-2007(
Source : Professor Ricardo Hausmann
4
.8
.6
Only 1 in 4 experience
Accelerated Growth
Only 13
“Economic Miracles”
.2
.4
Leapfrog
Almost all countries
experience Growth
0
Real GDP per Capita %
Growth, Accelerated Growth, Leapfrog
X
X+8
X+25
Years
5
Source :Prof.
Source:World
R. Hausmann
Bank,etGrowth
al., Growth
Report
Accelerations
The Public Sphere is Critical
Vision
Leadership
and
Politics
Labor
Market
Central
Unique
Dedicated
A
Shared
and
Public
Savings
and
Brain,
A pact
Elite
Future
Global
Elite
Investment
Sphere
Task
Forces
Development
Policy
Values
Institutions
6
Values
Future
orientation
Inclusiveness
Common Denominator for
Trust
Countries
that Leapt
A variety of
market economies
Pragmatism
7
Institutions
Central
Brain
Identifying
Trends &
Analyzing
Relevancy
Elite
Task Forces
Ability to
Execute
Decisions
Flexibility in the
Market
A Pact
8
New Deal in the Labor Market
Employers flexible to
hire and fire in return for
a commitment to keep to
employment laws
Government
Government provides a
safety net & training in
return for improvement
in competitiveness
Protect the
Worker not
the Job
Industry
Labor
Workers agree to flexible labor
markets in return for improvement
9
of Human Capital & safety net
Unique and Global Development Policy
‫אתרים היסטוריים‬
Unique ‫הביטחון‬
Assets
‫מערכת‬
‫העולם היהודי‬
‫פיתוח המדבר‬
Global
Trends
The Holy Land
Defense Industry
Jewish World
Greening the Desert
Policy
Inputs
Rise of China and
India
Global Water Crisis
Standardization,
Renewable
Energy Legislation
Aging
Populations
Regulation,
Infrastructure
Rise
of Africa Agreements
International
Not Just Money!
Unique Global Development Policy
10
New Regional Development
Regional Approach
Israel has regional diversity
Global and national
competitiveness
The region generates
the change
Exploit comparative advantage
Growth at the local level
11
Israel is Not Talking Leapfrog
Growth
Leapfrog
No Vision
Vision Necessary
Policy
Institutions
Domestic Industrial Policy
Unique & Global Development Policy
Labor Market: conflict
Labor Market: Pact for Growth
Local Government Ignored
Local Government Necessary
Economics
Multidisciplinary
12
Why Now?
New Government:
Stability for 2 yrs
Establishment of
the Roundtable
Unique Opportunity
for Change
Crisis Breeds
Willingness
13
What should we do Tomorrow?
Macroeconomic Stability (+-)
A Vision is Necessary
Israel15
Unique and Global Development Policy
Labor Market : New Deal
Reorganizing on the Local Level
Central Brain
14
On the ISRAEL 15 Vision:
“This is a very impressive document, based on clear
thinking and a knowledge of the recent experience
and writing about growth at various stages of
development.”
Professor Michael Spence, Economics Nobel Prize
Laureate, and Head of the U.N Commission on
Growth and Development
15