Reut's founder and president Gidi Grinstein presents Reut's work on the "Top 15" Project which includes the issues and actions involved in achieving a significant socioeconomic advancement that would put Israel among the 15 leading countries in terms of quality of life within fifteen years.
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The main insights discussed in the briefing include:
Reut's Top 15 Vision
Reut's "Top 15 Vision" is comprised of the issues and actions that are involved in achieving a significant socioeconomic advancement that would put Israel among the 15 leading countries in terms of quality of life within fifteen years. These issues include: (1) Formalization of a rich and textured vision of Israel's characteristics when it becomes one of the 15 most developed countries in terms of its quality of life; (2) Identification of the engines of growth of quality of life in Israel; (3) Identifying Israel's unique challenges and opportunities; (4) Identification of the structural changes in the governmental and business sectors that are required to create incentives for achieving the Top 15 vision; (5) Process design, management and implementation; (6) Identification of relevant indices; (7) Initiation of a thorough and intense public discourse regarding the Top 15 Vision.
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Triangle of Trust is a condition for a Leap in Quality of Life
Countries that have made a significant socioeconomic leap all managed their public sector in a way that aligned the interests of the government, the workers, and the private sector. These countries shared three attributes: a "central brain" with carrying capacity that can design, plan, and implement policy directives; putting tomorrow before today; and a stable environment. To develop and sustain these three traits, cooperation between the government, labor, and industry based on shared interests and trust is required.
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Evaluating Poverty - Economic Fortitude Index
Long term growth and quality of living is conditioned on human capital; defined as the knowledge, skills, competencies and attributes embodied in individuals that facilitate the creation of personal, social and economic well-being. The current mindset of the GOI is that poverty is measured by disposable income and that there are universal benefits for every family under the poverty line. In addition to the existing Poverty Line based on disposable income, The Reut Institute proposes the 'Economic Fortitude Index', which would measure the ability of Israel's citizens to live in comfort, improve their wellbeing, and cope with unexpected changes. This index integrates six pillars: disposable income, asset depth, consumption, employment security, health, and spare/free time.
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