Rss - Economy10/20/2014 11:27:31 AM60en-USECONOMY of Israelhttp://www.israelemb.org/hong-kong/AboutIsrael/Economy/Pages/ECONOMY-Israel.aspxIsrael was well prepared when, in 2008, the effects of the financial crisis began to ripple across world economies.Thu, 23 Feb 2012 09:53:00 GMTECONOMY: Achievementshttp://www.israelemb.org/hong-kong/AboutIsrael/Economy/Pages/ECONOMY-Achievements.aspxIsrael's most striking economic achievement is the rate at which it has developed while simultaneously dealing with enormously expensive challenges.Thu, 23 Feb 2012 09:52:47 GMTECONOMY: Major Reformshttp://www.israelemb.org/hong-kong/AboutIsrael/Economy/Pages/ECONOMY-Reforms.aspxThe economic reform program embarked on by the government in 2003 continues to reduce the budget (as well as taxes) further and streamline the economy.Thu, 23 Feb 2012 09:52:29 GMTECONOMY: The National Economyhttp://www.israelemb.org/hong-kong/AboutIsrael/Economy/Pages/ECONOMY-National-Economy.aspxWith its small economy and relatively limited domestic market, Israel's growth depends mainly upon expanding exports.Thu, 23 Feb 2012 09:51:48 GMTECONOMY: The Economic Picturehttp://www.israelemb.org/hong-kong/AboutIsrael/Economy/Pages/ECONOMY-Economic-Picture.aspxIsrael’s primary weapon in dealing with recession was an aggressive monetary policy.Thu, 23 Feb 2012 09:51:03 GMTECONOMY: Sectorshttp://www.israelemb.org/hong-kong/AboutIsrael/Economy/Pages/ECONOMY-Sectors.aspxIsrael is today an industrialized country with most of its manufacturing, including many traditional fields, based on intensive and sophisticated research & development and hi-tech processes, tools, and machinery.Thu, 23 Feb 2012 09:50:35 GMT