Benjamin Bental lectured at the IDF School of Economics on the high level of prices in Israel

Prof. Benjamin Bental, Chair of the Taub Center Economics Policy Program, lectured at the IDF School of Economics on the high level of prices in Israel, obstacles to importing, and market reform. He explained that Israel is considered an expensive country relative to other countries primarily due to low levels of competition and obstacles to imports. “Israel is expensive because the markets are not managed in an orderly way,” he said, and added that, as in the rest of the world, the Covid-19 epidemic also contributed to price rises.