Political Prediction In Israel - 1513 Words

Xiao KANG Prediction Paper-Israel Word Count: 1528 The following analysis is conducted on a three-year time horizon, since the scheduled date for the next Israeli legislative election is November 5, 2019. However, the government could hold early elections if it chooses to do so. Among all four sectors, geopolitical future looks the most worrisome. Political Prediction The continuity of political stability is predictable for a three-year time horizon. The democratic system in Israel is highly developed and entrenched. There was a peaceful transformation of power last year. Benjamin Netanyahu won fair and free elections in March and succeeded in forming a right-wing nationalist coalition government in May. Israel enjoys an independent†¦show more content†¦Economic Prediction Israel’s economy will perform strongly in the following three years, with GDP annual growth rate average 3 percent. Currently, the low interest rate (0.10 percent) and an expansionary budget contribute to a flat unemployment rate and high consumer confidence, which in turn bring about growing household income and robust private consumption. Consumption spending, at both private and public levels, is projected to be the primary driver of economic growth in the following years. Regarding external demand, slower than expected global growth, particularly in Europe, has weakened exports, which account for approximately 40 percent of GDP in Israel. Nevertheless, the top one export destination, the United States (28 percent of total exports), is expected to recover from the previous economic crisis and increase demand for Israeli imports gradually. As a country with insufficient natural resources, Israel is reliant on imports of food and energy. Lower oil prices due to oversupply and demand conditions and the discovery of offshore gas reserves will improve trade balances. Although high levels of public debt (67 percent of GDP) and overpriced housing sector pose threats to Israel’s economy, the banking and finance sector is healthy enough to tackle short-term issues. Moreover, highly educated and skilled labor force, as well as high standard of living in Israel, will continue to attract foreignShow MoreRelated The Life of Jeremiah Essay752 Words   |  4 PagesChrist like in aspects of his sermons and works. His story has intrigued many for it is of human weakness and strength (Paterson 139). Let us now take a look at his life and at his works. To fully understand the meaning behind his sermons and predictions we must first look at what a prophet is and what he holds true. The word prophet means to speak by delegated authority (Paterson 3). Prophets speak because they are commanded to by a higher power (Paterson 4). Their beliefs were the beliefsRead MoreEssay on The Messianic Idea in Judaism1116 Words   |  5 Pagesthroughout this page. 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There is an enormous debate in economic thought concerning market predictions where disagreeing parties argue the merits of adaptive vs. rational expectations. Adaptive expectations are those formed from past experience only where changes in expectations occur slowly over time as data changes For example, because the SP