Now Israel's economic development.

The economy is mixed and relatively developed. The technical level of agriculture, industry, science and technology and military industry is relatively high. Private enterprises account for a large proportion, but the government has strict control over major departments, and many large enterprises are controlled or supervised by the state. The cooperative economy in rural areas is dominated by collective farms (collective society) and Moshaf (cooperative society). From 65438 to 0985, the "economic austerity plan" was implemented, and from 65438 to 0986, the government began to implement the privatization policy by selling the shares of government-controlled enterprises. 1987 began economic reform and the privatization process developed rapidly. The government increased its income by 8.5 billion new shekels by selling stocks. After several years of economic adjustment, the economy began to show a good growth momentum at 199 1. However, in recent years, economic growth has been weak. Since 200 1, the continuous Israeli-Palestinian conflict and the American economic recession have seriously affected the Israeli economy. In 2002, the export of industrial products and tourism revenue shrank sharply, the gross domestic product (GDP) continued to decline, and GDP was negative for two consecutive years, which was unprecedented in economic history.

Gross Domestic Product (GDP)

Purchasing power parity-$6543.8+$020.9 billion

Gross domestic product-real growth rate

1.3% (2004)

per capita GDP (gross domestic product)

Purchasing power parity-19800 USD (2004)

Gross domestic product-industry ratio

Agriculture: 2.8%

Industry: 37.7%

Service industry: 59.5% (2003)

Investment (total fixed part)

65438+ 7.2% of GDP

Population below the poverty line

18% (200 1)

Share ratio of household income to consumption

Minimum value: 10%: 2.4%

Maximum value: 10%: 28.3% (1997)

Household income distribution-Gini coefficient

35.5 (200 1)

Inflation rate (retail price)

0.7%

Labor force

26 10000 (2004)

Labor-employment industry

Agriculture, forestry and fishery 2.6%, manufacturing 20.2%, construction 7.5%, commerce 12.8%, transportation, warehousing and communication 6.2%, finance and trade 13. 1%, personal and other services 6.4%, and public enterprises 365438.

unemployment rate

10.7% (2004)

budget

Treasury revenue: $44.98 billion

Expenditure: USD 565.438 billion+USD 70 million, including capital expenditure in North America (2004).

national debt

108.6% of GDP (2004)

agricultural product

Citrus, vegetables, cotton; Beef, poultry, dairy products

industry

High-tech engineering (including aviation, communication, computer-aided design and products, medical electronics), wood and paper products, potash and phosphate, food, beverage and tobacco, caustic soda, cement and diamond cutting.

Industrial production growth rate

-0.6% (2004)

export

$29.32 billion (2004)

Export material

Machinery and equipment, software, diamond cutting, agricultural products, chemicals, textiles and clothing.

Export partner

38.4% in the United States, 7.4% in Belgium and 4.8% in China and Hongkong (2003).

Imported?

$32.27 billion (2003)

imported material

Raw materials, military equipment, investment goods, rough diamonds, fuels, grains and consumer goods.

Import partner

America 15.6%, Belgium 9.3%, Germany 8%, Britain 6.7%, Switzerland 6. 1%, Italy 4. 1% (2003).

Foreign exchange or gold reserves

$26.32 billion (2004)

foreign debt

$70.97 billion (2004)

Financial assistance-donors

US$ 662 million (2003)

money

New Israeli shekel;

Dollar symbol

instrument landing system

exchange rate

The shekel is -4.554 1 (2003), 4.7378 (2002), 4.2057 (200 1), 4.0773 (2000) and 4.1397 (/kloc) respectively.

financial year

Over the past few years

As we all know, China doesn't have the geographical advantage like the Arab countries, and it doesn't have oil resources, but it has intellectual resources. Jews are very economic-minded, and Jews account for a large proportion of the rich on Wall Street. Many of its military technologies have to be purchased from Israel (ashamed to say). The annual "donation" of the United States is also part of it. However, the long-term military confrontation has severely hit Israel's economy, which is a price that has to be paid. Generally speaking, I admire the "viability" of the Israelis.

Israel's postwar economy magically subverted the concept that there can be no prosperity without peace.

At 8: 59 on September 26th, 2006.

Although Israel quickly ended its conflict with Hezbollah in Lebanon and was still threatened by the Palestinian-Israeli conflict and Iran's nuclear activities, international investors still regarded Israel as a good place to invest.

American companies set off a wave of mergers and acquisitions.

Last week, hundreds of entrepreneurs and politicians gathered at King David Hotel in Jerusalem to celebrate Buffett's successful acquisition of an 80% stake in Iscar Metal Processing Factory. The acquisition began in May this year, and it is Buffett's first investment in a company whose headquarters and main business are outside the United States. This case is considered to prove that Israel is still a paradise for investors.

Buffett said at the ceremony: "Some Americans went to the Middle East to look for oil. We went to the Middle East to find intelligence and chose Israel. " He also said that he was looking for other investment opportunities in Israel and didn't pay attention to security issues.

Buffett is not the only investor who is optimistic about Israel. Hewlett-Packard Company also announced on July 25th that it will spend $4.5 billion to acquire MercuryInteractive, an American commercial software company, which has considerable business in Israel. In addition, SanDisk, headquartered in California, USA, also said that it will acquire Msystems, an Israeli data storage technology company.

High-tech economy shows flexibility.

1973 after the fourth middle east war, Israel's inflation was serious and the government was burdened with a huge deficit. Some Israelis call the following 10 year "the lost 10 year". When the Palestinian-Israeli conflict broke out in 2000, it coincided with the slowdown of the world economy and the painful recession of the Israeli economy.

Experts said that compared with previous wars and conflicts, the Israeli economy performed quite well after the Israel-Lebanon conflict. Because Israel's economy is high-tech-oriented (the country's export of high-tech products and services leads the world), its economy is increasingly closely linked with the global economy. During the conflict, many jobs and meetings can be easily transferred abroad, so the Israeli economy has shown good adaptability in this conflict. Of course, Israel's economic performance also benefits from the overall good development of the world economy.

According to the forecast of the BankofIsrael, Israel's GDP is expected to increase by 4.6% this year, which is 0.8 percentage points lower than the forecast before the conflict between Israel and Lebanon. The main reason for the slight economic slowdown is the damage to tourism and manufacturing in the northern region attacked by Hezbollah.

Many people believe that Israel's economic growth in recent years has benefited from Netanyahu. In 2003, after Netanyahu became finance minister, he cut government spending and reduced the fiscal deficit. The debt guarantee provided by the United States to Israel has also enhanced the confidence of international investors in Israel.

However, it is not easy for Israel to find a balance between strengthening its military strength and maintaining economic development. Israel faces more new threats, such as violence in the West Bank and Gaza.

For many years, many people believed that neither Israel nor Palestine could achieve real prosperity without peace. But now Israel seems to have subverted this concept. This may further encourage Israel to isolate Palestine economically and socially.