impact
Legislation
More than 12 pieces of major legislation have been enacted, and numerous other bills and parliamentary discussions were supported by the fellows' research, including:
  • The Ministry of Finance enacted legislation to lessen the impact of forced pre-payment of the VAT (Value-Added Tax) on small businesses, equating to approximately $250 million in savings for this emerging and important sector of the economy, based on research conducted by Ayelet Zur.
  • The Knesset passed legislation to end barriers to the transference of bank accounts, as well as to forbid banks from hiding charges for services already paid for by the consumer, after the work of Aharon Cohen Mohliver and Eyal Sari.
  • The Ministry of Industry issued a tender that formally audited the state's loan fund, which directly led to the funding for the government's small-business program, increasing available credit by 200 percent, based on the research by Noa Parag.
  • Fellow Naomi Himeyn-Raisch's research helped SMEs to be more competitive, helping the Knesset exempt them from several marketing limitations.


Funding
Research has been leveraged to channel hundreds of millions of dollars into the Israeli economy, as showcased in the following projects:
  • Research conducted by fellow Ravit Nuriel (2010-2012) supported the Ministry of Finance in expanding medium- and long-term export credit insurance through the "Top-Up" program. The first transaction insured within the program was approved in December 2011 in the amount of US$9.3 million.
  • Research conducted by fellow Zviya Baron was instrumental to the work of the National Economic Council, resulting in a government decision to invest 1.5 billion NIS and channel a total of 14 billion NIS to encourage fuel substitutes for transportation.
  • Contributions of research from fellow Aharon Cohen Mohliver resulted in the Bachar reforms being passed by the Knesset with an outcome of more than $112 million in municipal bonds.
  • A Financial Innovations Lab held by the Institute at the request of President Peres, which included research by the fellows, resulted in about $400 million of private and public funding for Israel's biomedical sector.
The fellows have gone on to impact the economy in the "real world"


Policy
The Fellows make an impact on policy in the offices where they intern.
  • Yoel Ben-Or (2010-2012). Interned at the Private-Public Partnerships (PPP) Division of the Accountant General's Office at the Ministry of Finance during the first year of his fellowship. Ben-Or supported the tender committee in one of the most successful PPP projects in Israel, selling the government holdings of Route 6 to private companies.
  • Tamar Israeli (2010-2011). Interned at the Ministry of Environmental Protection. Israeli conducted a study comparing tap water and bottled water, which significantly impacted the ministry's strategy on this matter.


Government and Public Sector
A significant percentage of our fellows have gone on to work in the government, enhancing human capital and providing a role model for young professionals in Israel. For example:
  • Be'eri Har-Tuv (2010-2011), joined the Ministry of Finance as the head of the salary supervision and personnel welfare department in the Accountant General's Office. He previously interned in the Israel Securities Authority.
  • Sharon Malki (2010-2011), was elected to the Tel-Aviv Jaffa Municipal Council on behalf of the Ir Leculanu movement.
  • Noa Yehezkel (2006-2008), joined the Ministry of Finance and currently serves as assistant to the director general.
  • Adi Hachmon (2008-10), joined the Budget Office at the Ministry of Finance after two years of internship at the Bank of Israel.
  • Anat Lindenbaum (2009-10), joined the Accountant General's Office at the Ministry of Finance after interning at the Ministry of Industry, Trade, and Labor and playing an instrumental role in establishing a new division that promotes Israel's participation in international tenders.
  • Aharon Cohen Mohliver (2004-06), after spending his fellowship with then-Knesset member Benjamin Netanyahu, became his economic advisor and worked throughout the prime minister's 2008 campaign.


Research and Academia

Many fellows have gone on to prestigious graduate studies programs in Israel and internationally, creating a bridge between academic research and hands-on work. For example:
  • Stas Sokolinski (2010-2011), is pursuing a Ph.D. in economics at Harvard University.
  • Dustin Plotnick (2009-2011), is pursuing a graduate degree at the Fordham University School of Law in New York.
  • Aharon Cohen Mohliver (2004-06), has gone on to a PhD program at the Columbia University School of Business Administration.
  • Amit Ashkenazy (2008-10), has gone on to a master's program at Yale.
  • Mahmood Khativ (2005-07), has gone on to a PhD program in economics and finance at Tel Aviv University.
  • Inbal Robbas (2006-07), has gone on to a PhD program at the London School of Economics.
  • Omer Ben-Zur (2002-04), has gone on to an MBA at the University of California in Los Angeles (UCLA) Anderson School of Business.


Private Market
Fellows moved on to positions in the capital markets and the private sector, bringing a richer understanding of Israel's challenges and the way government works. For example:
  • Anat Arbel (2008-2011) joined Cellcom Israel Ltd. in the strategy and business development division.
  • Leah Sperer (2006-07), had advanced into the R&D department of Microsoft as a lead financial analyst.
  • Sivan Anavi (2007-08), built on her research in education and is now the education program manager at Microsoft Israel.
  • Shaul Zilberman (2008-10), joined Giza Singer Even, Israel's largest financial and economic consulting firm.

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