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Becoming one of the 15 Most Developed Nations. 8 th Herzliya Conference January 2008. The Competitive Approach. Mobility of Resources. Technology. Investments. Human Capital. Countries Compete. .8. .6. .4. .2. 0. 2007. 1950. 1960. 1970. 1980. 1990. 2000.
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Becoming one of the 15 Most Developed Nations 8th Herzliya Conference January 2008
The Competitive Approach Mobility of Resources Technology Investments Human Capital Countries Compete
.8 .6 .4 .2 0 2007 1950 1960 1970 1980 1990 2000 Israel is Growing but not Leapfrogging USA = 1 Western Europe Israel Income Per Capita Relative to US Ireland South Korea
Leaping into the Top 15 ישראל15 Economist Quality of Life Index - 2005
Leapfrogging Differs from Growth Growth Leapfrog 3% is good At least 6% Time-based comparison Competitive comparison Incremental changes in products/exports Sharp changes in product/export composition Collaborative vision not necessary Requires leadership, vision and carrying capacity Recipes exist No single formula Does not narrow gaps Narrows gaps
IRL CHN KOR SGP TTO FIN ISL AUS CAN USA CYP SWE NZL DNK CHL ESP HUN NLD HRV GRC MYS DEU PRT CHE THA IND BLZ LKA PER OMN ROM MEX BRA TUR BGD IDN DZA SAU LCA JAM BOL COL ECU PRY KEN MDG HTI Sophistication Now = Leapfrog Tomorrow GDP Growth 1992-2004 Product Complexity in 1992 Hausmann et. al., “The Product Space”
Public Discourse Engines Indicators Unique Challenges and Opportunities Design, Management and Execution of Policy Public Sphere Vision Commonalities of Countries that Leapt
Israel’s Economic Problem is Governance Rank: Rank: Competitiveness of the private sector Competitiveness of the public sector 8 29 Worker productivity Labor force participation rate 10 35 R&D No mid-tech 1 Human capital 3
Public/Private Cooperation & Trust: Required Trust Public Sector Legislation and Infrastructure Private Sector Investment
Israel15: National Obsession ישראל15 Redeeming the Land Making the Desert Bloom Aliyah Leapfrog
Becoming one of the 15 Most Developed Nations Reut Website Conference Booklet