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Leapfrog Now!. The 9 th Herzliya Conference February 2009. What ’ s the problem?. Economist: Israel is 38th. Large Gap in Quality of Life. Israel. Developed Countries. Israel: leads export of Human Capital. Real Danger of Collapse. Leapfrog is essential!. Leapfrog.
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Leapfrog Now! The 9th Herzliya Conference February 2009
What’s the problem? Economist: Israel is 38th Large Gap in Quality of Life Israel Developed Countries Israel: leads export of Human Capital Real Danger of Collapse Leapfrog is essential!
Leapfrog ISRAEL15 Vision: Transforming Israel into one of the leading 15 countries in quality of life This vision requires a social and economic leapfrog that closes the gap in quality of life between Israel and developed countries.
Israel is Growing but not Leapfrogging .8 .6 .4 .2 0 2007 1950 1960 1970 1980 1990 2000 USA = 1 Israel has not closed the gap Western Europe Western Europe 60% of the US Israel Leapt 1950-1970 Income Per Capita Relative to US Ireland Ireland 30% of the US Korea and Ireland have Leapt South Korea South Korea Growth Relative to the US (1950-2007) Source: Prof. R. Hausmann
New gov’t 2 stable years Brosh & Eini, a new pact? Unique Opportunity Crisis breeds willingness
8 6 GDP Growth per capita 4 2 0 Growth, Accelerated Growth, and Leapfrog Only 13 ‘Economic Miracles’ Accelerated Growth: 1 in 4 Leapfrog Growth: Nearly Everyone X X+8 X+25 Years Source: World Bank, Growth Report Source: Prof. R. Hausmann et al., Growth Accelerations
Vision Labor Market Values Public Sphere Industrial Policy Leadership Institutions The Public Sphere is Critical A Shared Future Savings & Investment Flexicurity אליטה מחויבת תמונת עתיד רצויה גלובלית וייחודית אמנה בין מפלגתית חסכון והשקעה Flexicurity Dedicated Elite Unique & Global Central BrainTask Forces
Labor Market Policies Government Enforcing Labor Laws Flexible Labor Markets Safety Net Human Capital Competitiveness Industry Protecting Workers not Jobs Labor Flexible Labor Markets Human Capital
Industrial Policy Unique Assets Public Inputs Historic Sites Defense Establishment Jewish World Standardization Legislation Regulation Infrastructure Int’l Agreements Global Trends Rise of Chindia Global Water Crisis Renewable Energy Aging Rise of Africa Unique Global Industrial Policy
Israel is not talking Leapfrog Growth Leapfrog No Vision Vision Necessary Policy Institutions Domestic Industrial Policy Unique Global Industrial Policy Labor Market: Conflict Labor Market: Pact for growth Local Government Local Government Necessary Economics Multidisciplinary
The Candidates’ Language Deficit Spending Lower Taxes Macroeconomic Policies Negative Income Tax American Loan Guarantees Israel Land Administration Chief Scientist Government Funds Institutional Reforms Desalination Cutting Red-Tape Infrastructure Investment Source: The Marker, 01.23.09
The Language of Leapfrog Labor Market Policies Unique Global Industrial Policy Local government is an engine of growth The Candidates’ Language The Language of Growth Source: The Marker, 01.23.09
What do we do tomorrow? Macroeconomic Stability The ISRAEL 15 Vision Unique Global Industrial Policy Labor Market Pact Local Economic Development Central Mind
To be one of the leading 15 countries in quality of life ISRAEL 15 Portal Guidelines for a Leapfrog www.Israel15.org
Business Community Jewish World Philanthropy National Obsession Universities Local Gov’t Gov’t of Israel