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Top 15 Vision : A Comparative and Competitive Approach August 2007

Top 15 Vision : A Comparative and Competitive Approach August 2007. Top 15: A Component of 21 st Century Zionism. Top 15. Human Capital Technology FDI. Security, Jewish Majority. Jewish Added Value. Moral High Ground. 2. Leap Frog. Growth. Leapfrogging, not Growing.

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Top 15 Vision : A Comparative and Competitive Approach August 2007

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  1. Top 15 Vision: A Comparative and Competitive Approach August 2007

  2. Top 15: A Component of 21st Century Zionism Top 15 Human Capital Technology FDI Security, Jewish Majority Jewish Added Value Moral High Ground 2

  3. Leap Frog Growth Leapfrogging, not Growing Top 15 Vision: Making Israel one of the top 15 countries in terms of quality of life. Growth – More of the Same • Macroeconomic Stability • Dividing the Pie • Top-Bottom Leapfrog – Basic Change • Reallocation of resources • Expanding the Pie • Bottom-Up + Top-Bottom 3

  4. Indicators Public Discourse Israel’s Unique Challenges and Opportunities Public Sphere Engines Design, Management and Execution of Policy Vision Top 15 Vision and Agenda The challenge: Identifying the scope of actions required to ‘leapfrog’ Israel’s quality of living into the top 15 nations 4

  5. Material well-being Security Health Growth Rights Trust Cohesion Indices for Evaluating QOL Economic Security Personal Safety GCI / IMD Environment Human Capital EU Social Inclusion EPI WHO Freedom House - FWI Economist Quality of Life Social Well-Being 5

  6. Reference Group 1 6 2 7 3 8 4 9 5 10 Considerations in Choosing a Reference Group Israel’s Unique Considerations Defense Burden Geographically Small Geopolitically Challenged Significant Trade Knowledge Economy 7

  7. Private Sector Efficiency Competitiveness 1 Japan 6 4 7 Japan 8 Israel 13 Taiwan Taiwan 15 Israel 9 Public Sector Efficiency Public Sector Size 23 19 Japan 21 Taiwan 27 Taiwan 38 Japan 27 50+ Israel 29 Israel Identifying Challenges by Clusters 8

  8. Private Sector Efficiency 1 Japan 4 8 Israel Taiwan 9 Identifying Challenges by Clusters • Public Companies • Business Sophistication • Business Labor Relations • Innovation • Non-bank Finance • Technological Readiness • Human Capital Disadvantages of Traditional Industries Innovation & Sophistication 9

  9. Public Sector Efficiency Public Sector Size 23 19 Japan 21 Taiwan 27 Taiwan 38 Japan 27 50+ Israel 29 Israel Identifying Challenges by Clusters • Judicial Independence • Infrastructure • Political Sphere • Macro-economy • Budgeting • Civil Security • Higher Education • Business Environment Advantages of Public Sector Disadvantages of Public Sector 10

  10. Issues that Require Attention Judicial independence Innovation Strength Tech readiness Non-bank finance Competitive advantage in human capital Israel’s Performance Higher education Firms in public equity markets Business labor relations Macro economy Pro business environment Infrastructure Weakness Budgeting Business sophistication Faith in the political sphere Personal security High Low Attention 11

  11. Israel's Competitiveness Timeline Analysis of Global Competitiveness Index Knowledge Creation Briefings On-going Decision Support Services to GOI Top 15 Vision Launch Event Directive from Ministry of Finance Sept – Oct 2006 Nov 2006 Dec - April 2007 May 2007 June - Aug 2007 12

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