Top 15 Vision : A Comparative and Competitive Approach August 2007
Moral High Ground Top 15 Security, Jewish Majority Jewish Added Value Human Capital Technolog y FDI Top 15: A Component of 21 st Century Zionism 2
Leap Frog 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 Growth Leapfrog – Basic Change Reallocation of resources Expanding the Pie Bottom-Up + Top-Bottom 3
The challenge: Identifying the scope of actions required to ‘leapfrog’ Israel’s quality of living into the top 15 nations Vision Design, Management and Execution of Policy Public Sphere Engines Israel’s Unique Challenges and Opportunities Public Discourse Indicators Top 15 Vision and Agenda 4
Indices for Evaluating QOL Economic Security Personal Safety Social Well-Being Growth Human Capital RightsTrustCohesionHealth GCI / IMD EU Social Inclusion EPI WHO Freedom House - FWI Economist Quality of Life Material well-being Environment Security 5
Indices as Tool for Identifying Challenges Policy Planning and Design Estimating Policy Success Affecting the Discourse Systemic Understanding Evaluating Results Operational Goals LegitimacyCommon Language Indices Identifying Challenges 6
Considerations in Choosing a Reference Group Israel’s Unique Considerations Defense Burden Geographically Small Geopolitically Challenged Significant Trade Reference Group Knowledge Economy 7
Israel Taiwan 15 Japan Competitiveness Israel Taiwan 8 Japan Private Sector Efficiency Israel Taiwan 29 Japan Public Sector Efficiency Israel Taiwan 50+ Japan Public Sector Size Identifying Challenges by Clusters 8
Israel Taiwan 8 Japan Private Sector Efficiency Identifying Challenges by Clusters Innovation & Sophistication Innovation Non-bank Finance Technological Readiness Human Capital Disadvantages of Traditional Industries Public Companies Business Sophistication Business Labor Relations 9
Israel Taiwan 29 Japan Public Sector Efficiency Israel Taiwan 50+ Japan Public Sector Size Identifying Challenges by Clusters Disadvantages of Public Sector Infrastructure Political Sphere Macro-economy Budgeting Civil Security Higher Education Business Environment Advantages of Public Sector Judicial Independence 10
Issues that Require Attention Israel’s Performance Attention Strength Weakness Low High Judicial independenceInnovation Tech readiness Non-bank finance Competitive advantage in human capital Higher education Macro economy Infrastructure Pro business environment Faith in the political sphere Personal security Budgeting Business sophistication Firms in public equity markets Business labor relations 11
Israel's Competitiveness Timeline Sept – Oct 2006 Nov 2006 Dec - April 2007 May 2007 June - Aug 2007 Analysis of Global Competitiveness Index Top 15 Vision Launch Event Knowledge Creation Briefings Directive from Ministry of Finance On-going Decision Support Services to GOI 12