Domestic Political Controversies Haven’t Harmed Israeli High-Tech
Despite a global downturn, the long-term prospects are good.
May 23, 2023
Despite a global downturn, the long-term prospects are good.
When Israel’s controversy over judicial reform reached its peak earlier this year, there were dire predictions—some almost indistinguishable from threats—that an attempt to return to the constitutional status quo ante 1995 would send technology companies fleeing the country, and possibly tank the Israeli economy. Yet, although a judicial-reform compromise might still emerge, the country’s high-tech sector seems to be doing fine, notwithstanding some bruising from a worldwide downturn. Jonah Mandel reports:
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When Israel’s controversy over judicial reform reached its peak earlier this year, there were dire predictions—some almost indistinguishable from threats—that an attempt to return to the constitutional status quo ante 1995 would send technology companies fleeing the country, and possibly tank the Israeli economy. Yet, although a judicial-reform compromise might still emerge, the country’s high-tech sector seems to be doing fine, notwithstanding some bruising from a worldwide downturn. Jonah Mandel reports:
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