About half of the foreign debt of the Israeli government is from the United States, usually from economic and military support. In addition, a large part is held by individual investors, usually through Israel's public debt plan. The debt purchased by the United States, together with the public debt purchased by individual investors, enables the Israeli government to obtain loans and sometimes get interest below the market interest rate.
The high-quality university education in Israel has established a highly active and educated person who is mainly responsible for promoting the high-tech prosperity and rapid economic development of the whole country.
24% of Israel's working population has a university degree, which makes Israel rank third among industrialized countries, next only to the United States and the Netherlands. 12% of the population has a college degree or above.
In recent years, the diamond industry, which is very important in Israel, has also been affected by changes in the industrial environment and intensified competition from the Far East.
Israel is the most powerful, modern and economically developed country in the Middle East, belonging to a developed country. It has the most well-managed economic system and the best property rights protection in the region. Israel's contribution to the development of science and technology is also quite outstanding.
Israel is the only developed country in the Middle East. Israel's high-tech industry is world-famous, with advanced technical level in military science and technology, electronics, communications, computer software, medical equipment, biotechnology engineering, agriculture, aviation and other fields. Its electronic monitoring system and unmanned aircraft are very advanced and have a high reputation all over the world. Israel has more than 80 Nasdaq-listed companies, ranking third in the world after the United States and Canada. These include-TEVA, the world's largest generic drug company, CheckPoint Software Technology, the largest Israeli company, and Elbit System, a well-known defense contractor. Israel is regarded as the country with the highest degree of economic development, commercial freedom, press freedom and overall human development in the Middle East.
There are 14 Nobel Prize winners in Israel. Immunologist RuthArnon and scientist * * * jointly invented the immune system drug Copaxone, which is used to care for 250,000 patients with multiple sclerosis worldwide.
Israel is the country with the highest degree of industrialization and economic development in the Middle East. Israel has a mature market economy, but the government has a certain degree of management. Israel belongs to a mixed economy, with a high degree of industrialization, mainly knowledge-intensive industries, and high-value-added departments such as agriculture, biochemistry, electronics and military industry have high technical levels. Israel's overall economic strength is strong and its competitiveness ranks first in the world.