Israel and Globalization: A Changing World
Since the onset of modern technological globalization, Israel has surprised many outsiders with its level of contribution to the global economy. As a small country with few natural resources, it would seem that Israel would not have the recourses necessary to contribute at a significant level. However, it is the Israeli people not the landscape that makes Israel so productive in the global economy. Israel boasts one of the world’s most innovative workforces and this is largely credited to the nation’s education network. In addition, the nation’s leaders are proactive and, despite the ongoing conflict in the region, are increasingly focused on the nation’s economy. Israel excels in the high tech industries and its three main economic sectors are telecommunications, biotech and defense equipment. These industries are what Israel is known for throughout the world. Israel has also been dramatically changed by globalization. Israel has undergone a great culture change that has changed the country in ways unimaginable. Overall, Israel, because of its regional uniqueness, is a country where globalization has made an astounding impact.
Some of Israel’s growth can be traced to the first “flattening force”, the fall of the Berlin Wall. The fall of the wall and the subsequent collapse of the Soviet Union created new immigration into Israel. Many of these immigrants were educated, which helped to expand the existing high-tech economy and gave the nation the ability for form new companies. Overall, Israel’s economy and livelihood has been dramatically affected by the increased immigration. Israel now has over 2,642 high-tech companies in operation, a number second to only Silicon Valley. This produces an incredibly high ratio of one h ...