It's just funny that I heard from a certain someone that Israel has a restrictive economy. Again, do they know the difference between certain economic restrictions and excessive restrictions? It's annoying when highly educated people are the ones making stupid statements. I even ran into a certain old man (and I hope he gets better soon) who tried to use Israel's restrictions to say that economic charter change isn't needed. Did he even know that the late Benigno Simeon C. Aquino III also made important amendments to the 1987 Constitution of the Philippines' negative list? If we're looking at Israel's budgetary control, let's check the Sustainable Governance Indicators website to find Israel's restrictions. Yes, economies do have their restrictions since free trade without constraint can be dangerous: Israel’s fiscal policy is characterized by rather strict budgetary discipline, which is maintained by the significant power of the Ministry of Financ
A business blog by an MBA graduate who's currently no longer interested in getting a Ph.D. This blog aims to share insights into the business world such as investments, economic policies, and more. Feel free to poke around, and learn more about what I have and want to say.