Israel instance of OECD country
Israel (; Hebrew: יִשְׂרָאֵל Yīsrāʾēl [jisʁaˈʔel]; Arabic: إِسْرَائِيل ʾIsrāʾīl), officially the State of Israel (מְדִינַת יִשְׂרָאֵל Medīnat Yīsrāʾēl [mediˈnat jisʁaˈʔel]; دَوْلَة إِسْرَائِيل Dawlat Isrāʾīl), is a country in Western Asia. It is bordered by Lebanon to the north, by Syria to the northeast, by Jordan to the east, by the Red Sea to the south, by Egypt to the southwest, by the Mediterranean Sea to the west, and by the Palestinian territories — the West Bank along the east and the Gaza Strip along the southwest. Tel Aviv is the economic and technological center of the country, while its seat of government is in its proclaimed capital of Jerusalem, although Israeli sovereignty over East Jerusalem is unrecognized internationally.Israel is located in the Southern Levant, a region known historically as Canaan, the Land of Israel, Palestine and the Holy Land. In the early first millennium BCE, the Israelite kingdoms of Israel and Judah emerged, before falling to the Neo-Assyrian and Neo-Babylonian empires, respectively. During the classical era, the region was ruled by the Achaemenid, Macedonian, Ptolemaic and Seleucid empires. In the 2nd century BCE, an independent Hasmonean kingdom emerged, before Rome conquered the area a century later. In the 7th century, the Muslim conquest of the Levant established caliphal rule. The First Crusade of the 11th century brought the founding of Crusader states, the last ending in the 13th century at the hands of the Mamluks, who lost the area to the Ottoman Empire at the onset of the 16th century. In the late 19th century, Jews began immigrating to the area as part of the Zionist movement. After World War I, the allied powers assigned the Mandate for Palestine to Britain, which during the war made a declaration of support for the establishment of a national home for the Jewish people in Palestine. Following World War II and the Holocaust, the newly formed United Nations adopted the Partition Plan for Palestine, recommending the creation of independent Arab and Jewish states, and placing Jerusalem under international control. In the final months of the British Mandate, a civil war broke out between the Palestinian Arabs and the Yishuv, beginning the first stage of the 1948 Palestine war. The British terminated the Mandate on 14 May 1948, and Israel declared independence that day.
Upon its independence, Israel became almost immediately embroiled in conflict with its five neighboring Arab states, whose armies began entering the area of the former Mandatory Palestine on 15 May, starting the 1948 Arab–Israeli War. Early the next year, the 1949 Armistice Agreements left Israel in control of over one-third more territory than the partition plan had called for, with no independent Arab state created. During both stages of the 1948 Palestine war, over 700,000 Palestinian Arabs were expelled from or fled Israeli territory to the West Bank, Gaza, and the neighboring Arab countries, with fewer than 150,000 Palestinian Arabs remaining within Israel. During and immediately after the war, around 260,000 Jews emigrated or fled from the Arab world to Israel. The 1967 Six-Day War resulted in the Israeli occupation of the West Bank and Gaza Strip, along with the Egyptian Sinai Peninsula and the Syrian Golan Heights. Israel has since effectively annexed both East Jerusalem and the Golan Heights, and has established settlements across the Israeli-occupied territories, actions the international community has rejected as illegal under international law. Israel has signed peace treaties with Egypt, returning the Sinai Peninsula, and with Jordan, and more recently normalized relations with several Arab countries, though efforts to resolve the Israeli–Palestinian conflict have not succeeded. Israel's practices in its occupation of the Palestinian territories have drawn international condemnation for violating the human rights of the Palestinians.The country has a parliamentary system, proportional representation, and universal suffrage. The prime minister serves as head of government, and is elected by the Knesset, Israel's unicameral legislature. Israel is a developed country and an OECD member, with a population of over 9 million people as of 2021. It has the world's 28th-largest economy by nominal GDP, and ranks twenty-second in the Human Development Index.Economy
Israel is considered the most advanced country in Western Asia and the Middle East in economic and industrial development. In recent years Israel has had the highest growth rate in the Western world along with Ireland. In 2023, the IMF estimated Israel's GDP at 564 billion dollars and Israel's GDP per capita at 58,270 (ranking 13rd worldwide), a figure comparable to other highly developed and rich countries. Israel has the highest average wealth per adult in the Middle East. The Economist ranked Israel as the 4th most successful economy among the developed countries for 2022. It has the highest number of billionaires in the Middle East ranked 18th. Israel's quality university education and the establishment of a highly motivated and educated populace is largely responsible for spurring the country's high technology boom and rapid economic development. In 2010, it joined the OECD. The country is ranked 20th in the World Economic Forum's Global Competitiveness Report and 35th on the World Bank's Ease of Doing Business index. Israel was also ranked fifth in the world by share of people in high-skilled employment. Israeli economic data covers the economic territory of Israel, including the Golan Heights, East Jerusalem and Israeli settlements in the West Bank.Despite limited natural resources, intensive development of the agricultural and industrial sectors over the past decades has made Israel largely self-sufficient in food production, apart from grains and beef. Imports to Israel, totaling $96.5 billion in 2020, include raw materials, military equipment, investment goods, rough diamonds, fuels, grain, and consumer goods. Leading exports include machinery and equipment, software, cut diamonds, agricultural products, chemicals, and textiles and apparel; in 2020, Israeli exports reached $114 billion. The Bank of Israel holds $201 billion of foreign-exchange reserves, the 17th highest in the world. Since the 1970s, Israel has received military aid from the United States, as well as economic assistance in the form of loan guarantees, which now account for roughly half of Israel's external debt. Israel has one of the lowest external debts in the developed world, and is a lender in terms of net external debt (assets vs. liabilities abroad), which in 2015 stood at a surplus of $69 billion.Israel has the second-largest number of startup companies in the world after the United States, and the third-largest number of NASDAQ-listed companies after the U.S. and China. It is the world leader for number of start-ups per capita. Intel and Microsoft built their first overseas research and development facilities in Israel, and other high-tech multi-national corporations, such as IBM, Google, Apple, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened research and development centres in the country. In 2007, American investor Warren Buffett's holding company Berkshire Hathaway bought the Israeli company Iscar for $4 billion, its first acquisition outside the United States.The days which are allocated to working times in Israel are Sunday through Thursday (for a five-day workweek), or Friday (for a six-day workweek). In observance of Shabbat, in places where Friday is a work day and the majority of population is Jewish, Friday is a "short day", usually lasting until 14:00 in the winter, or 16:00 in the summer. Several proposals have been raised to adjust the work week with the majority of the world, and make Sunday a non-working day, while extending working time of other days or replacing Friday with Sunday as a work day.
type of example of manifestation of representation of