Memo

Israeli tech rebound hinges on judicial reform

To:

Al-Monitor Pro Members

From:

David Rosenberg

Israeli reporter specializing in business, economics and politics

Date:

Feb. 27, 2023

Bottom Line:

The downturn in Israeli high-tech is likely to deepen this year as start-up funding continues to decline. The sector’s strong human-resource assets, looser monetary policy and a renewed global appetite for innovative technology should lead to a recovery perhaps as early as the second half of 2023. However, the government’s judicial reforms and hardline Palestinian policies and a resulting upsurge in violence may delay or weigh down on the rebound by undermining business sentiment.

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