Type of State:Israel
(official name: State of Israel) is a nation-state based on parliamentary
democracy, except in the Palestinian territories.Executive Power:Executive
Powers are in the hands of the President, who is Head of the State and elected
by the Israeli parliament, the Knesset, for a seven-year term. His/Her role is
essentially ceremonial. The President chooses the leader of the party or
majority coalition in the Knesset to exercise the functions of the Prime
Minister for a four-year term. The Prime Minister is head of the Government and
holds the executive power, including the execution of the law and the
management of the country’s current affairs. The Cabinet is chosen by the Prime
Minister before being approved by the Knesset. Legislative Power:Legislative
power is Israel is unicameral. The Knesset (parliament) consists of 120
members, elected by universal suffrage for a four-year term. The Knesset can
decide to be dissolved by a simple majority through a vote of no confidence.
The Prime Minister cannot dissolve or veto the Knesset. Israeli citizens have significant
political rights.Main Political Parties:The
Israeli political system is based on proportional representation. No party is
in a position to assume power independently, so political groups often
co-operate and form coalition governments. The main political parties are:-
Likud: National Liberal Party, right-wing, nationalist-
Zionist Union: centre-left –
Joint List: consists of Arab parties-
Yesh Atid: centre, liberal –
Kulanu: centre, focusses on economic egalitarianism Current Political Leaders:President: Reuven Rivlin (since July 2014) – LikoudPrime Minister: Binjamin Netanyahu (since March 2009) as
head of the coalition Government. Next Election Dates:Presidential: 2021; Legislative: 2017.         Political
Structure:-The
political structure of this country operates on the basis of the principle of
power separation. This means that the government which is responsible for
administrating the internal and foreign affairs is prone to be affected by the
confidence of the legislative branch – the Knesset which promulgates law and
has the right to elect or remove the President. Meanwhile, the independence of
judicial branch which consists of both secular and religious courts is
dependent on law. This fragmentation of the Israeli political system stems from
the fact that the country has such a great deal of cultural and political
varieties in its society spanning from non-religious to the religious ones like
ultra- Orthodox Jews, Jews of Middle Eastern and European descent as well as
the division between the Jewish majority and Arab Palestinian minority.Unstable Political Status:-

Israeli
Prime Minister for “a new, better, more stable government, a broad-based
government that can govern” its citizens, the country’s political situation
seems to still have no improvements. It is a fact that over the past decade,
Israel has experienced four elections even though it is said by law that the
country would have general elections every four years. This is considered as a
great threat to its national security because the frequent changes in
government have, in one way or another, subverted the Israeli government’s
governing power. In addition, the conflicts between Israel and its neighboring countries,
especially Palestine, also contribute enormously to the country’s political
instability and influence its economy atrociously. There is a recent study
concerning whether Israel could financially prosper with the stable politics
coming from the end of war. Unsurprisingly, the research’s result shows that
both Israel and Palestine would gain billions of dollars from peace. However,
the vision of the Israel with political stability is still pretty obscure
though it is extremely necessary for the country’s economic reform.Political matters

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Major issues in
Israeli political life include:

v  The
Israeli-Palestinian conflict and Arab-Israeli conflict

v  The relationships
between Jewish religious factions

v  The
nature of the state of Israel; (e.g. the ways in which it should signify
Judaism and denote secular democracy)

v  The economy, and matters of social significance.

 

ü  Though
Israel has made huge oil and gas discoveries offshore Mediterranean Sea but
still not major western countries are not interested in investing in this
sector of the country due the fear of attack by neighboring countries.

ü  Even
though Levant Basin Province is one of the world’s richest natural gas
reserves, it is located between countries with infinite mutual hatred.

ü  It
touches the sea borders of Israel, Lebanon, Palestine, the Republic of Cyprus
and the Turkish Republic of Northern Cyprus.

ü  Israel
is almost in a state of war with Lebanon. Lebanon has recently made claims on
Israel’s largest off-shore gas discovery and are threatening armed conflict if
the Israelis attempt to develop what they claim are Lebanese resources.

ü  Egypt
has stopped selling its natural  gas to
Israel as a result of Egypt’s political unrest. Israel was importing 40% of its
energy needs from Egypt.

ü  Cyprus
is acting as the natural mediator in this dispute.

ü  Taxation Policy
of Israel is also quite stringent.
The initial levy of taxes on the companies will stand at 20%, and will rise
gradually to 50%, depending upon amount of excess profits, while rate of
royalties will remain at its current level of
12.5%.

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