Thriving in the face of adversity as politics and security play
an integral part in everyday life is a default position for Israel.
The data backs this up: recent OECD reports describe Israel as
stable with strong economic growth: annual GDP has consistently
risen by three to four percent over recent years to reach nearly
$400bn in 2019. This, despite a protracted leadership battle taking
place with two general elections in six months bringing the nation
no closer to a conclusive result.
Michael Barnea, managing partner of Barnea, Jaffa, Lande &
Co, develops the point: 'The environment is surprisingly robust
considering the political instability that we've experienced
for a considerable time. Investment, both from overseas into Israel
and in the local market, is extremely strong and gives every
appearance of being confident in the future.'