Israel’s gross domestic product is expected to grow at a much higher annual rate than the United States for the next 48 years, according to a report by the OECD.
In the report “Looking to 2060: Long-Term Global Growth Prospects”, the OECD predicted that Israel’s average annual rate of growth between now and 2060 would be approximately 2.6% – the US growth is expected to grow at 2.1% in the next 50 years.
The report showed that India and China would grow by leaps and bounds – 5.1% and 4.1% respectively.
About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.
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