Israel is in second place (after the US) in terms of the number of companies listed for trading on the Nasdaq. What is required of an economy that is open to competition from around the world? There are still areas in which we ought to improve, and here I will refer to aspects in the microeconomic sphere.
In this context I would like to mention the Doing Business Report of the World Bank, which grades countries according to the ease of doing business in them. Israel is listed 26 out of 175, not bad at all.