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Afternoon Tea in Jerusalem Blog

In addition to my work as a business coach, one of my interests is blogging about life in Israel. This is a country full of contrasts – over eight million citizens living in an area the size of Wales. You can see snow and the lowest place on the globe in the same day. Although surrounded by geopolitical extremes, Israel has achieved a decade of high economic growth. My work brings me in contact with an array of new companies, exciting technologies and dynamic characters. Sitting back with a relaxing cup of strong tea (with milk), you realise just how much there is to appreciate in the Holyland. Large or small operations, private sector or non profit, my clients provide experiences from which others can learn and benefit.

Israel’s economy: Connecting the dots in July 2016

6 July 2016
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Categories: Afternoon Tea in Jerusalem, Business, Israel

Just look at these headlines from today’s financial news in Israel.

  1. The number of new cars being delivered in Israel just keeps on rising.
  2. The price of housing is expected to to climb even further for the predictable future.
  3. The trend for 2016 reveals a drop in the number of high-tech exists.
  4. Following on from the fall off in growth in 2015, the Bank of Israel has pegged back its updated forecast for 2016

Can you start to connect the dots?

If not, let me give you another clue. Whilst consuming spending is holding up in specific sectors and while key parts of the economy are not performing, I have yet to read about one significant move by the Israeli government to bolster the country’s economy.

Let me just check that. Oops, I made a mistake. The government has recently approved six extra days leave for the whole economy! But this sort of proves my point – all play and no work often leads to disaster, no?

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