Vision to Reality: The Reut Blog

This week, Israel was invited to join the prestigious OECD. While this is an important ‘stamp of approval’ for the strength and resilience of the Israeli economy, there are several other components that are vital for Israel leapfrogging into one of the leading countries in the world in terms of quality of life.  

Following this important OECD announcement, PM Netanyahu declared his vision of making Israel one of the fifteen developed countries in the world. This vision aligns with Reut’s ISRAEL 15 vision which calls for Israel to become one of the fifteen leading countries in terms of quality of life. In order to realize this vision, Reut believes that Israel’s social and economic performance must leap in order reduce disparities in quality of life relative to other leading countries.

While promoting a vision is a vital step in leapfrogging, there are other important elements which require adaptive work: a committed elite; inclusive growth (enlarging the pie and sharing it with all of society); institutions that enhance the ‘capacity to transform’; global and unique development policy; and a labor market suited to cope with rapid growth and changes.

See:
Principles and guidelines for achieving a Socio-Economic Leapfrog