Israel’s Finance Ministry is projecting a significant slowdown in economic growth of 1-2% – following a rapid 5% growth during the first quarter. Israel’s overall estimated growth during the first half of the year (between 3.2 and 3.4%) is still healthier than many other int’l economies – but there has also a slight increase in unemployment in recent months. The national deficit is rising - as exports are impeded due to the strengthening shequel, whose gains against the US dollar this year made it one of the world's strongest currencies.
Guest Prof. Eytan Sheshinski, Senior Fellow, Center for Governance and the Economy, Dror Strum, President of Israeli Institute for Economic Planning and Amir Oren. Host Erin Viner.