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UPCOMING EVENTS

9 November 2008, 19:00

Public Lecture: "Talmud and Economics"

Nobel Laureate in Economics Professor Robert Aumann, Hebrew University of Jerusalem


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21 December 2008

Public Lecture:"Talmud and Transitivity"

Professor Uzi Segal, Boston College, Department of Economics

Latest News

Tax Freedom Day 2008

Israel Tax Freedom Day fell on July 15 this year, 17 days earlier than in 2007

Israelis have good reason to celebrate; Tax Freedom Day (TFD) falls on July 15th, almost 3 weeks earlier than in 2007. A TFD this early, Israelis haven't seen since 1990.

TFD marks the day when the average Israeli stops working for the government, and starts earning money for private consumption (or savings). It answers the question, "What price is the nation really paying for government services?"


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Read the coverage in the Russian-Israeli Press


JIMS' IPSOD survey reveals that 56.7% of Israelis agree the IDF should outsource non core activities

A new survey reveals that the majority of the Jewish population in Israel supports the idea of a "smaller and smarter" IDF, but is not yet willing to let go of the "people's army."

The Israel Panel Study of Opinion Dynamics (IPSOD), a new national survey commissioned by the Jerusalem Institute for Market Studies (JIMS), contained a special section on the recent changes taking place within the IDF, such as the reduction in days of reserve duty, the increase in draft dodging, and the outsourcing of non core military activities to the private sector. The results of the survey clearly show that the majority of Israelis support the idea of a smaller and smarter army but within a people's army framework.



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Read the coverage in the Russian-Israeli Press

Read more on IPSOD


Regulation begets corruption

Greater economic freedom is the best solution to Israel's corruption problem.

In annual reports that rank global corruption by Transparency International, Israels ranking has continually declined, signifying greater and greater perceptions of corruption. This bodes poorly for Israels future, as corruption hinders economic growth and development and weakens social solidarity.


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RECENT FACTS ON ISRAEL

The Human Development Report published by the United Nations Developement Programme ranks Israel 23rd out of 177 countries.

The human development index (HDI) looks beyond GDP to a broader definition of well-being. The HDI provides a composite measure of three dimensions of human development: living a long and healthy life, being educated and having a decent standard of living.

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A World Bank study has found that Israeli port facilities lack efficiency compared with those in other countries, ranking them 33 out of 150.

It takes 5.3 days to transfer goods from a customer to the exit gate at the port; this compares with just 1.4 days in the Netherlands.



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