We do not have relative advantages compared to the rest of the world, other 2  BIS central bankers’ speeches  than human capital and our innovation and creativity. As such, these trends are worrisome in this context.
Against the background of these trends, a study conducted by the OECD indicates that the future contribution of human capital to the expected growth in Israel in the next 15 years is near zero – almost the lowest among OECD countries.