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Israel is the 8th most powerful country in the world – as it was in 2017 – according to the 2018 Power Rankings, published by the US News & World Report in partnership with the world renowned Wharton School of Business (Pennsylvania University) and the global strategic consultancy Y&R’s BAV Group. Israel follows the USA, Russia, China, Germany, the United Kingdom, France and Japan, ahead of Saudi Arabia, the United Arab Emirates, South Korea, Canada, Iran, Turkey, India, Australia, Switzerland, etc.. The ranking reflects the regional and global clout of national leadership and economic, political, diplomatic and military networking/alliances.
The NY-based Trading Economics – an online platform that provides economic data and forecasts and trading recommendations – highlights a surge of Israel’s Economic Optimism Index from a record low 21.70 in 1976 to all time high 131.40 index points in November 2018, ahead of South Korea’s 113.5, the European Union’s 109.60, the USA’s 104.80 and Japan’s 99.6.
Israel is ranked 8th in the November 2018 Global Consumer Confidence Index, conducted by the Paris-based global market research Ipsos, which operates in 88 countries, employing 16,530 persons. Israel follows China, USA, India, Saudi Arabia, Sweden, Germany and Canada, ahead of Australia, Britain, Belgium, France, Italy, Japan, South Korea, etc..
The major engines, which have generated Israel’s demographic, economic, scientific, technological, agricultural, diplomatic and military growth – in addition to the engine of Israel’s brainpower, and the resulting innovative, cutting-edge commercial and defense industries – have been Israel’s relatively high level of optimism and patriotism/resilience, in the face of lethal challenges and threats menacing the Jewish State from its reestablishment in 1948.