The Bank of Israel deputy governor noted that with 4% annual growth rate the country would not reach this goal. “The economy must grow by an annual rate of 5% a year in order to reach this target within 20 years
The Kibbutz Industries Association held last week their annual conference under the theme
“Industry as a vehicle for realizing social objectives.”
Prof. Zvi Eckstein, Bank of Israel deputy governor who was the main speaker at the event said that Israel’s GDP per capita was half that of the US. He added that “We should aim to reach to 80% of US GDP per capita and we are quite capable of achieving this,”
Eckstein noted that with 4% annual growth rate the country would not reach this goal.
“The economy must grow by an annual rate of 5% a year in order to reach this target within 20 years.
Prof. Zvi Eckstein: “Israel’s GDP per capita could be 80% of that of the US”
The Bank of Israel deputy governor noted that with 4% annual growth rate the country would not reach this goal. “The economy must grow by an annual rate of 5% a year in order to reach this target within 20 years
00:00 ,23.10.2006
Prof. Zvi Eckstein: “Israel’s GDP per capita could be 80% of that of the US”
-
Found it useful? Share
-
Share on Facebook
-
Share on X
-
Share on LinkedIn
-
Share via Email
-
Share on WhatsApp
-
Print Article
Found it useful? Share
Related
16.10.2006
CBS: Imports recovered after second Lebanon war in July-August
16.10.2006
FICC: 53,000 new commerce and service jobs in the period January-July 2006
16.10.2006
Israel Post Company buys Siemens sorting machine for NIS 10M
16.10.2006
“Euromoney” ranked Israel in 40th place among 185 countries
16.10.2006
Zim Asia's captain sentenced to a year of community service
16.10.2006
Ministry of Finance rejects El Al's request for war compensation