# Presentation: 230512

## A New ParadigmCorporate Israel in a Changing World

**Avi Temkin**
**Globes Research**

## Main Trends

**Increasing Integration in Globalization Process (currency convertibility, trade accords, adoption of international standards, deregulation of markets) **

_**Globalization:**_

**Emergence of High Tech Sector.**

_**Structural Change**_**:**

_**Israel since 1991**_

_**Changing Trade Landscape**__**:**_

**New markets and New Opportunities. (Asia, Eastern Europe, South America)**

_**Changing Financial Structure**_**:**

**Ongoing Deregulation of Financial Market (Bachar committee, bond market and pension reforms etc.)**

## Trade and Investment

**Trade and investment decisions are rapidly “merging”: Israeli corporations are involved in both trade and investment.**

_**Globalization:**_

**The liberalization of trade in services will strengthen this trend.**

_**Services**_**:**

_**Regionalization**__**:**_

**The possibility of growing regionalization represents a threat. (therefore the importance of investment, joint ventures, M&As etc. will grow). **

## Globes Research Projects

**T****he Changing Trade Landscape**

## The Changing Trade Landscape

## Investment Flows (1)

## Investment Flows (2)

**Investment Flows (2)**

## Strategies for the Future

**Growing efforts to establish a presence in strategic markets.**
**Israel’s export promotion efforts to be of paramount importance. (Mulilateral and bilateral accords, information, fairs etc.)**
**Procurement tenders will become increasingly important in new global areas. (CEE, Eastern Europe, China, India, South America).**
**Strategic partnerships with foreign companies.**
**Ensuring sources of finance according to strategic regions and priority projects.  **
**Specialization in specific areas.**
**Development of cheap and deployable technologies (“solution” driven technology”)****.**

## Financial Deregulation

**The process of financial deregulation accelerated since 2003. (Bachar report, pension market reform, bond market reform etc.) **

_**Reform of Financial Markets:**_

**The process of deregulation will bring a diversification in the forms of finance (bank credit, securitization, bond market).**

_**New Forms of Finance**_**:**

_**New Sources of Finance**__**:**_

**Banks will no longer be the only alternative. (bond market, pension funds, insurance, international bodies.**

**:**

## Some Conclusions

** **

** ****Trade, investment and financing will determine the fate of Israeli corporations.**
** ****With new actors entering the financing market, special attention will have to be given to transparency and governance issues. **
** ****Risk and risk management will be key elements in the decision process by investors.**
** ****The scope for “pure” Israeli projects will narrow.**
** ****Be “connected” or perish.****  **

## Globes Israel’s Business Newspaper

_**Global Economy Coverage:**_
_**Investment Flows**_

** ****Current and in depth coverage of global markets, large economies, currencies, commodities and international financial institutions (IMF, G-8, World Bank etc.)**
** ****Special emphasis on business and financial developments abroad **

** ****Special focus on investment flows to and from Israel both in general and as specific transactions (M&A, venture capital, portfolio investment etc).**
** ****Emphasis on specific areas (real estate, high tech, telecoms, biotech, finance etc.)**

_**Foreign Trade**_

** ****Daily coverage of foreign trade issues  (statistics, specific transactions, taxation, standards etc.)**
** ****Analysis of trends in foreign trade, both in general and in specific areas. **

## Globes Research

**Globes Research Projects**

** ****Five in depth surveys of foreign markets were published in partnership with Israel Export Institute (Enlarged Europe, Mexico, Korea, India and China). **

** ****An ongoing project on the reform of the Israeli financial markets. Special emphasis on foreign involvement in the Israeli capital market.  **

** ****Research projects are carried in association with Kesselman & Kesselman PwC (Israel).  **