Productivity and Growth

This paper presents the reforms which are necessary to address the main growth barrier facing the Israeli economy – low labor productivity. Our recommendations include investment in public infrastructures, encouraging private investments and employment and human capital policy.

This paper examines the OECD strategy for promoting digital transformation, and suggests ways to implement it in Israel through formulating a prioritized strategic plan, setting targets, and regular measurement, in order to realize the full potential of the promotion of digital transformation.

This paper presents the need for increased public and private investment to address productivity gaps, the necessary policy in regard to public investment, the proposed policy for encouraging private investment and the funding aspects of government investment.

The committee for economic advancement of the commerce and services sectors, headed by Ms. Michal Fink and Prof. Zvi Eckstein, drafted recommendations for a plan for economic advancement of the commerce and services sectors, with an emphasis on improving labor productivity and reducing the cost of living.

This paper presents the existing gaps between the Arab and (non-Haredi) Jewish populations in Israel in terms of digital infrastructures, digital literacy, and the usage characteristics of digital tools and services, and proposes short- and long-term policies to reduce these gaps.

This paper maps the barriers to promoting digitalization and digital transformation, and proposes a national plan for digital development, which includes clear targets and priorities, as a primary tool for increasing productivity and enhancing growth.

This paper gauges the indirect effects that the metro project is expected to have on productivity and the GDP, as a result of increased agglomeration of workers and businesses.

This paper proposes a reform centered around advancing the Israeli economy and enhancing its productivity by promoting free competition and improving the ease of doing business, through the reduction of excess regulation and minimalization of the bureaucratic cost associated with unavoidable regulation.

Policy for Economic Recovery This paper outlines an economic plan which focuses on increasing high-quality employment and productivity, and includes a significant expansion of employment policy and growth-enhancing projects. A key feature of this plan is creating demand for workers in various economic sectors, and reducing barriers and uncertainties facing the business sector.

This paper presents a macroeconomic analysis of the sources of the productivity gap between Israel and comparable OECD economies, and proposes a comprehensive economic strategy for the Israeli economy.