What is Israel’s current position vis-à-vis the OECD? Israel’s economy is open, per capita GDP is high, and the degree of economic openness is good, and even excellent in certain fields, such as R&D. All these give Israel a standing as a potential member of the OECD.
Moreover, since 1996 Israel has participated in various formats and committees of the OECD, mainly in the role of observer. The OECD is currently in the process of making decisions about the number of new members to be accepted into the organization, how the expansion will be implemented, and the standards to be required from the new members.