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This review was prepared to assess Israel's investment policies so as to provide the OECD Council with a formal opinion on the willingness and ability of Israel to assume the obligations of membership to the OECD in the field of investment.
When Israel joined the OECD last year, the OECD's Statistics Committee asked the government to submit to a review of its data collection methods, including clarification of the geographic coverage of the data.
The 2008-09 global financial crisis did not result in the failure of any major financial institution in Israel, but it did reveal vulnerabilities in the non banking sector – particularly in the corporate bond market.
Offshore natural gas discoveries have released Israel from complete reliance on imported primary fuels and are allowing for a cleaner energy mix.
Israeli house prices have risen by over 50% over the past three years. In part this reflects the fact that for several years housing construction had not kept pace with increases in the number of households.
This 2011 review of Israel's environmental conditions and policies evaluates progress in sustainable development, improving natural resource management, integrating environmental and economic policies, and strengthening international co-operation. This report is the first OECD review of Israel’s environmental policy performance.
In recent years Israel has strengthened its environmental policies and now should develop a green growth plan that combines environmental, economic and social policies.
This article in the OECD Observer asks what experience Israel, a new OECD member, can bring to the table in terms of innovation. Many OECD countries today are looking to boost productivity through investments in science, technology and R&D. What is Israel's story?
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Now that Israel has entered the OECD, the government has made significant efforts to push environmental initiatives such as the promotion of eco-innovation. This report provides an overview of governmental efforts to stimulate eco-innovation in the business sector and households.
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Over the last two decades, Israel has opened its economy to international trade and investment by lowering tariffs and improving the domestic regulatory environment for business. This review describes progress on regulatory reform in Israel, which suggests these overall trends will continue.