The Israeli Institute for Economic Planning (IEP) is a non-profit think tank dedicated to transforming the Israeli economy into a free market competitive economy. We promote economic reforms, removal of barriers and encourage entrepreneurship, innovation and growth.
We believe that the government’s role in a free economy should focus on three main areas: (i) creating infrastructure for innovation and economic growth; (ii) improving access to education and business opportunities; and (iii), handling market failures that limit competition.
Israel’s economy is a long way from achieving these goals. While recent reforms, in which the institute has been involved with, have created the infrastructure for future competition in certain areas, there are still over 65 monopolies controlling more than 100 different markets. These monopolies are actively or passively engaged in preventing the entry of new players by taking advantage of redundant and anachronistic bureaucracy. In addition, these monopolies, alongside other powerful interest groups, often use current regulations, the bureaucracy and the political structure to preserve this status quo to the detriment of Israeli citizens.
Our mission is to identify these market failures, conduct in-depth research to understand their roots and the misuse of current laws and regulations in order to present and facilitate practical policy recommendations to decision makers in government, Israeli parliament ("Knesset"), and the public.
We are a non-profit organization, free from any political or sectorial affiliation. We maintain constant contacts with decision-makers, as we accompany and advise them through the process of learning and implementing our recommendations. The CEO of the Institute is the former Antitrust Authority Commissioner, and we often cooperate with other leading experts in labor economy, industrial organization, finance, game theory, behavioral economy, political science, law and others.
In the past decade the Institute has been extensively involved (or led) several public committees which resulted in the legislation of the most "corner stone" laws in the fields of competition and liberalization of critical markets. The Institute has also conducted in-depth research on various issues which are recognized as crucial to Israel’s economy, including poverty, high education, tourism as a growth engine, the integration of the Arab sector in the Israeli economy, the housing market, and the energy market.
In 2017 the Institute will focus on the following areas: (i) Structural changes to improve governability and reduce corruption at Israel's local authorities and municipalities; (ii) Addressing the conflict of interests in the Israeli media which creates a dangerous distortion of the public’s perception of the reality; (iii) The power of labor unions and their effect on the Israeli economy in comparison to other global organized work models; and (iv) establishing a unique competitiveness index for the Israeli economy which will integrate standard international models with tailor-made adjustments to the Israeli market.