Israel is a country that has the potential to become the next Silicon Valley, in terms of technology in particular. Israel is known for its technological innovations in the fields of cyber security, 3D printing, and virtual reality. As an emerging economy, Israel will play a central role in shaping how technology impacts our future.
The early years of Israel were marked by shortage and poverty
The 6-Day War changed everything for Israel
The initial expulsion from Arab countries led to many Jews entering Isreali society
The development of the Israeli economy was heavily influenced by three main factors – government policies, immigration restrictions, and different levels of international investments
Today Israel’s GDP per capita exceeds 60% of the OECD average
Israel news is regarded as a developed country, but it still faces many social issues that are not addressed. The country has an economy that is growing faster than any other in the world, but they are still trying to figure out how they can develop many of their underdeveloped areas. Israel is the only country in the Middle East to be rated at least “very high” for its business friendliness by Doing Business with Israel. Israel has one of the youngest populations in the world and one of the highest fertility rates. There are no official statistics on population growth in Israel, but it’s estimated that there was a 0% population growth rate between 1950-2010. The future of Israel is getting more and more unstable with the Israeli economy in decline.
Many people are predicting that Israel will have a hard time in the upcoming years with its economy being in decline. But, there are some who remain optimistic about the country’s future. Israelis are already adapting to this new reality with cities becoming more densely populated and many start-ups developing new ideas to optimize the Israeli workforce.