Policy of Knowledge Economy (The Israeli Case)
- Author Lama Mashal
- DOI
- Country : Israel
- Subject : Economics
Keywords : Economy, Government, National Policy, Globalization
Abstract
Israel is today an industrialized country with most of its manufacturing, including many traditional fields, based on intensive and sophisticated research & development and hi-tech processes, tools, and machinery. This is the outcome of very rapid and intensive development. Israel’s economy continues to register remarkable macroeconomic and fiscal performance. Growth is strong and unemployment low and falling. With low interest rates and price stability, financial policy is prudent, and public debt is comparatively low and declining. This article will try to present the main charities of the Israeli economy by mapping the most important factors.
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