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The Toaster Tax: How Israeli Standards Drive Up Prices
Why does a toaster cost $30 more in Tel Aviv than in Berlin? This episode unpacks the hidden economics of the Standards Institution of Israel (SII), a century-old body that maintains unique certification requirements for over 3,000 product categories. We explore how Israel's low rate of harmonization with European standards creates non-tariff trade barriers, from incompatible electrical plugs to a car seat market with only three competitors and 40% higher prices. With the Knesset debating a 2026 Regulatory Reform Bill that would mandate automatic recognition of European standards for 200+…
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