Posted on November 4, 2007 • By Miriam Schwab
Category: Business View Comments
The Council on Foreign Relations recently posted a video of an interview with Stanley Fischer, the Governor of the Bank of Israel. He is interviewed by Jacob Frenkel, a former Governor.
The interview is really interesting (if you find this kind of thing interesting). Fischer gives a perspective on the Israeli economy that you won’t get in the media or elsewhere, such as how poverty is measured, how Israel has managed to cut government spending, and how taxes will be reduced to 44% in total by 2010! I’m hoping that includes Bituach Leumi (social insurance).
The video is pretty long, but if you can get through some of it, I think you’ll find the information useful and eye-opening.
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