Case Study: Incorporating The Global Competitiveness Index in Policy Planning
Executive Summary
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Achieving a development leap in Quality of Life in Israel depends on Israel's ability to compete for Human Capital and investments in the global marketplace.
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Effectively improving national competitiveness through policies is grounded in comparing Israel to a reference group of competing countries.
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Indices that enable international comparison are useful tools for decision makers to identify challenges and estimate policy successes.
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This paper demonstrates the usefulness of the Global Competitiveness Index in examining two aspects of Quality of Life: Human Capital and an environment that supports growth.
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Decision makers can identify issues that require government action/attention by analyzing Israel's challenges and opportunities in light of existing government policies.
2007-06-01
Analysis
Socioeconomic
National Leapfrog
Israel should compare itself to leading countries, because they compete with Israel on their ability to attract resources and human capital by providing a high Quality of Life.
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