This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The economic situation and policies of Israel were reviewed by the Committee on 6 November 2013. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 20 November 2013.The Secretariat’s draft report was prepared for the Committee by Philip Hemmings under the supervision of Peter Jarrett. Research assistance was provided by Françoise Correia.The previous Survey of Israel was issued in December 2011.