Tag: Israeli economy

Not many outside the country are taking notice of Israel’s economic commotion. While the world watches fascinated as history is made in Egypt, the Israeli economy is experiencing a moment of indecision that tells us much about the country’s social and political tensions. In January, the government raised the price of gasoline to a historic high

The Organization for Economic Cooperation and Development (OECD) voted unanimously last week to invite Israel to join the group, along with Estonia and Slovenia. At a May 27 ceremony the three countries will formally become members of the international economic agency that more or less defines the developed world. To understand the meaning of this