Israel's place in OECD - Comment - Israel News | Haaretz Daily Newspaper
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    • Sean
    • 21.01.10 | 05:11 (IST)

    Most of the arguments on this board are obviously are written by people who do not work in the financial services sector...I work for one of the largest banks in the world and the way OECD calculates wealth also takes into account country's economic potential, purchasing power parity and debt. The reason why Israel will be the poorest member is because the country has very little natural resources, has small market and has one of the highest debt in the world per size of its GDP.

    from the article: Israel set to become OECD's poorest member
    First published 02:17 20.01.10 | Last updated 15:58 20.01.10
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