OECD Economic Surveys: Israel 2020

Download or read book OECD Economic Surveys: Israel 2020 written by OECD and published by OECD Publishing. This book was released on 2020-09-23 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel’s recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment.