the OECD will evaluate the Israeli economy in terms of its achievements, threats and challenges
An economic team of the Organization of Economic Cooperation and Development (OECD), the "club" of developed nations in which Israel is seeking membership, arrived in Israel last week.
The OECD delegation headed by Andrew Dean, director of the OECD economic division, will compile a macroeconomic review of the local economy and evaluate its compatibility with the norms and standards set by the organization.
The delegation met with the central bank governor Prof. Stanley Fischer and its senior directors, the finance minister, finance and labor leaders, and academics in order to examine the state of Israel's economy and economic policy.
In its review, the OECD will evaluate the Israeli economy in terms of its achievements, threats and challenges. It will provide an assessment of the Israeli economy in view of macroeconomic imperatives, monetary and fiscal policy and progress in structural reforms.