Transcript presentation

Leapfrogging
"...‫המובילות‬
-‫להיות אחת מ‬
‫הממשלה‬
‫ראש‬
What
can‫המדינות‬
Israel15Learn
from" :the
World?
A conversation with:
Professor Michael Spence
2001 Nobel Prize Laureate in Economics
Chair of the Commission on Growth and Development
Professor Ricardo Hausmann
Director of the Center for International Development at Harvard University
Dr. Rory O’Donnell
Head of the National Economic and Social Council of Ireland
Professor Manuel Trachtenberg
Chairman of the Planning and Budgeting Committee of the Council for Higher Education
Host: Gidi Grinstein
President and Founder of the Reut Institute
Leapfrog. Three Legs.
Sustaining High Growth
Inclusiveness
Sustainability
Sustaining High Growth.
3.5% for more than 8 years.
Inclusiveness.
All citizens benefit from growth.
Commission on Growth & Development, The Growth Report
Sustainability.
Preserving for the future.
The Brundtland Commission of the United Nations, 1987
Leapfrogging is not Common,
Yet it is Possible.
Countries that have leapt: Korea, Finland,
Singapore and…Israel.
Israel has Already Leapt Once.
Between 1951-1972 the average annual growth
rate per capita was 5.5%.
Measuring Success.
Quality of Life.
Beyond GDP per Capita.
Israel Ranks 38.
The Economist’s
Quality of Life Index 2005.
Its Income Gap has Grown.
EU average – 4.9
Israel – 7.5
CBS, Society in Israel, 2010
Leapfrogging is Not a Luxury.
It’s a Necessity.
Israel exports more talent per
capita than anywhere else.
Ecosystems Produce Growth.
People take resources and rearrange
them in more valuable ways
Paul Romer
Capacity to Transform.
The ability of institutions to adapt
to an ever changing reality.
Shared Vision.
Mobilizing different sectors.
Governmental Policies
Encouraging the market to ‘self assemble’
Protecting People, Not Jobs.
Ensuring lifetime employability
Leadership.
Adapting to environment.
Maintaining core values.
Unique & Global
Development Policy.
Leveraging unique assets
to compete globally.
Regional Leapfrog.
Think Globally, Act Locally.
A Serving Elite.
Those acting to improve our
future, from all sectors.
Saving Today to Build Tomorrow.
Transferring resources from
consumption to investment.
Vision: Israel as one of the fifteen
leading nations.
“Our goal should be to be ranked
as one of the top fifteen countries
in the world by per capita income
within the next fifteen years“.
PM Benjamin Netanyahu, December 2010