Tuesday, July 5, 2011

Bethel Finances:RAND wins tender to advise on economic strategy for Israel

www.bethelfinance.com

International research institute RAND Corporation has won the government tender for providing assistance and advice on formulating a long-term strategy for the Israeli economy, the Prime Minister's Office announced today. RAND is a non-profit organization that for the past 60 years has advised government agencies around the world on policy and strategy, among other places in the US, the UK, and China. The Prime Minister's Office says that "under the conditions of the tender, RAND Corporation has linked up with Israeli consultancy Shaldor, and will be part of the team for this project."

Sources inform "Globes" that the maximum amount that the government budgeted for this contract was NIS 3.5 million, and that the winner gave the government a certain discount on this sum.

The RAND team will be led by Steven Popper, a senior RAND economist, who has over twenty years experience in consultancy of this kind. His main expertise is in the changes that governments need to make in order to improve the effectiveness of their economic and social policies.

Prime Minister Benjamin Netanyahu and Minister of Finance Yuval Steinitz appointed Prof. Eugene Kandel, head of the National Economic Council, and Ministry of Finance director general Haim Shani to lead the formulation of a long-term strategy to raise Israel to the status of one of the countries with the highest standard of living for all its citizens. A small steering committee has been set up, which includes among its members Deputy Governor of the Bank of Israel Karnit Flug, Ministry of Finance Budget Director Udi Nissan, and Ehud Prawer, head of policy planning in the Prime Minister's Office.

"We are trying to bring into this project as many people as we can in order to create as wide a consensus as possible," said a senior source involved in the project.

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