The Application of Environmental Finance in the Israeli Setting:
The Yarqon River as a Case Study
This volume, the ninth in a series on aspects of privatization in Israel,
focuses on ways to finance projects that improve the quality of life without dependence on public financing – specifically, the renewal of the Yarqon River in Tel Aviv and the economic development of adjacent areas. This volume presents the views of Israeli and international financial experts, officials of the Yarqon Authority and the Ministry of Environmental Quality, and experts in the fields of law and water management. The volume is based on discussions at a conference held in June 2002 sponsored by the Milken Institute and Tel Aviv University in cooperation with the Tel Aviv-Los Angeles Partnership.
Methods and Models of Privatization
On January 2, 2002, a closed roundtable for selected experts was held in Jerusalem
on “Methods and Models of Privatization,” in cooperation with the Koret Foundation. Yaron Yakovs, Director of the Government Companies Authority and the individual in Israel in charge of privatization on a national scale, who also lectured in our September 2000 event, opened the forum with a general discussion of models and a review of future plans for large-scale privatization undertakings. Discussions of two major case studies followed: David Hermesh, Director General of El Al Israel Airlines, reviewed possible ways to privatize the national carrier. Yitzhak Klein, Director General of M.I. Holdings, who is in charge of privatizing the major banks in Israel, spoke of the possibilities in this realm. Prof. Ben-Zion Zilberfarb, academic coordinator of the Jerusalem Center’s Privatization Program and former director-general of the Israel Ministry of Finance, presented a comprehensive summary of the methods of privatization relevant for Israel.
Since the beginning of the privatization process in Israel (in 1985), a number of possible methods of privatization have been available, with two variations being dominant. The first and most popular is the sale of the entire enterprise to a private company or individual, which accounted for 45 percent of privatized companies during the period 1985-1997. The sale of a controlling interest in government companies was never done through the stock market. In some cases a minority stake was issued to the public, but the controlling interest was sold through private placement. No effort has been made to spread ownership among the public, as has been done successfully in Britain. Indeed, this is one of the central criticisms of the process of privatization in Israel. The workshop reviewed the various methods of privatization available, and considered a change of emphasis that may help to speed up the process. Indeed, the adoption of methods that allow for expanded ownership of privatized companies by the general public will help broaden public acceptance of the entire process.
Privatization and Workers’ Rights
On June 25, 2001, a conference was held in Jerusalem on Privatization Get the latest news, insights, and updates directly in your inbox—be the first to know! Does Macron have such a short memory that he can forget the presence of Yasser Arafat and his terrorists in Beirut? Khomeini’s hateful propaganda in Neauphle-le-Château, near Paris? Hamas and the Muslim Brotherhood identified Europe’s weak point. In a naivety mixed with stupidity, the continent’s leaders do not understand the principles of fundamentalist Islam – and we are paying the price for it. The Digital Rial transitions the financial landscape from one where transactions can occasionally be tracked to one where they are always monitored, always recorded, and always subject to state intervention. Trump seeks a historic achievement, but Riyadh is not willing to pay the price without a genuine settlement ensuring the establishment of an independent Palestinian state. The 700 million Christian Zionists worldwide constitute a force multiplier for Israel’s international security and diplomatic standing, and a powerful counterweight to delegitimization and defamation campaigns targeting the Jewish state. The Iranian leadership is struggling to stabilize its grip both internally and externally. The illegal crypto mining phenomenon in Iran is not merely a few isolated cases of law-breaking; it is an organized, large-scale black market enabled by highly subsidized energy prices. Far from a humanitarian mission, the latest 70-vessel spectacle on its way to Gaza from Italy is a costly act of political theater @FiammaNirenste1 @JNS_org Senior Israeli security officials note that such silence is not new; Hamas often delays its statements following targeted Israeli assassinations, raising questions whether this stems from attempts to verify the information or from a deliberate strategy of ambiguity https://x.com/jerusalemcenter Massive funding of Critical Legal Studies-style academic and extracurricular programs promotes anti-Western ideas and undermines international community institutions and legal conventions https://x.com/jerusalemcenter
Stay Informed, Always
Notifications
Most Popular