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Top 15 Vision: A Comparative and Competitive Approach August 2007

Top 15 Vision : A Comparative and Competitive Approach August 2007

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Top 15 Vision:

A Comparative and Competitive ApproachAugust 2007

Moral High

Ground

Top 15

Security, Jewish Majority

Jewish Added Value

Human Capital

Technology

FDI

Top 15: A Component of 21st Century Zionism

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Leap Frog

Leapfrogging, not GrowingTop 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

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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 SphereEngines

Israel’s Unique Challenges and Opportunities

Public Discourse

Indicators

Top 15 Vision and Agenda

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Indices for Evaluating QOL

Economic SecurityPersonal Safety

Social Well-Being

Growth

Human Capital

RightsTrust

Cohesion

Health

GCI / IMD

EU Social Inclusion

EPI

WHO

Freedom House - FWI

Economist Quality of

Life

Material well-being

Environment

Security

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Considerations in Choosing a Reference Group

Israel’s Unique Considerations

Defense Burden

Geographically Small

Geopolitically Challenged

Significant Trade

Reference Group

6

5

4

3

72

1

9

10

8

Knowledge Economy

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Israel

Taiwan

15

Japan

13

7

6

Competitiveness

Israel

Taiwan

8

Japan

9

1

4

Private Sector Efficiency

Israel

Taiwan

29

Japan

21

19

27

Public Sector Efficiency

Israel

Taiwan

50+

Japan

27

38

23

Public Sector Size

Identifying Challenges by Clusters

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Israel

Taiwan

8

Japan

9

1

4

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

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Israel

Taiwan

29

Japan

21

19

27

Public Sector Efficiency

Israel

Taiwan

50+

Japan

27

38

23

Public Sector Size

Identifying Challenges by Clusters

Disadvantages of Public Sector

Infrastructure Political Sphere Macro-economy Budgeting Civil Security Higher Education Business

EnvironmentAdvantages of Public Sector

Judicial Independence

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Issues that Require Attention

Israel’s Performance

Attention

Strength

Weakness

Low High

Judicial independence InnovationTech readiness

Non-bank financeCompetitive advantage in human capital

Higher education

Macro economy

InfrastructurePro business environment

Faith in the political sphere

Personal security

BudgetingBusiness sophistication

Firms in public equity markets

Business labor relations

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Israel's Competitiveness Timeline

Sept – Oct

2006

Nov

2006

Dec - April

2007

May

2007

June - Aug

2007

Analysis of GlobalCompetitiveness Index

Top 15 Vision Launch Event

Knowledge CreationBriefings

Directive from Ministry of Finance

On-going Decision Support Services to GOI

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