May 24, 2012

Internationally renowned economists from Europe and North America took part in a four-day conference in Jerusalem to examine Israel’s free market economy amid political and religious tensions.

The leading economic thinkers and influencers tried to help address the pressing questions facing Israel and design solutions for a better future. The conference comes to a close today.

“Naturally, much world attention regarding Israel focuses on political turmoil in the Mideast, the shaky peace process and so on, but not so much on what works best in this country, its economy with robust high-tech horizons, low unemployment and growing GNP,” said Jerusalem Institute for Market Studies Director Corinne Sauer.

The topics discussed included the kibbutz shift from socialism to capitalism, conscious capitalism and Judaism-markets-capitalism.

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