Claude Berrebi

Israel has changed dramatically in the past two decades. The Israel Police is transforming itself to meet the needs of modern Israel. The Ministry of Public Security, the Ministry of Finance, and the Israel Police asked RAND to conduct a study to address issues of public perceptions and trust in the police, benchmarking the police against other police organizations, performance measurement, and deterrence and crime prevention.

RAND researchers supported a high-level Israeli government team tasked with improving long-term socioeconomic strategy for the state. This report highlights selected inputs made to the government team to summarize the essential mechanics and roles for bringing a strategic perspective to policy consideration. To show how one can use a strategic perspective in an analysis of policy choices, the report uses the example of an aging population.

In theory, financial professionals are relatively distinct: A broker-dealer conducts transactions in securities on behalf of itself and others; and an investment adviser provides advice to others regarding securities. Different laws regulate each type of professional, but boundaries have blurred. This report examines current business practices and investor understanding of each type.This report examines current practices and investor understanding of broker-dealers, and investment advisers - two distinct types of financial professionals whose boundaries have blurred in recent decades.