Jerusalemites wearing face masks. (Olivier Fitoussi/Flash90)

Among OECD countries, the Israeli economy is one of the least negatively affected by the pandemic. How has the Jewish state managed to achieve this?

The coronavirus pandemic has severely impacted economies around the world, with shuttered businesses and endless restrictions.

Notwithstanding the large number of Israelis who have been suffering as a result of the lockdown, why is it that Israel’s economy nevertheless seems to be more resilient than so many others?

Consumer behavior expert Asst. Prof. Villy Abraham breaks down Israel’s economic approach to the pandemic.