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Fischer: Benefits of OECD membership will show over time

By JPOST.COM STAFF

MAY 10, 2010 18:39

The true benefits of Israel’s accession into the OECD will materialize over time, Bank of Israel Governor Stanley Fischer told Army Radio on Monday afternoon.

“The OECD is a forum of peers where ministers and directors general get to learn from each other’s experience. This experience isn’t a theoretical benefit, but a very practical one,” he said.

Fischer added that new investment sources would open up before Israel now, as “there are investment funds that are restricted to investing in developed economies."

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