As Israel transitions into Daylight Saving Time tonight at midnight, the country's economy is expected to see a significant boost, with savings estimated at 350 million shekels. These projections come from calculations made by the Economics Department of the Manufacturers' Association, following a request by Ynet.
According to the report, 110 million shekels of the total savings will come from energy reductions due to the shift to Daylight Saving Time, while the remaining 240 million shekels will result from increased spending in the entertainment, leisure, and tourism industries. The extended daylight hours encourage outdoor activities and higher consumer spending, particularly in these sectors.
In addition to economic growth, adjusting the clocks aligns Israel's working hours more closely with European countries and some Arab nations, promoting smoother international business relations. Experts argue that these adjustments also support overall economic activity across various sectors.
Positive Impact on Public Health
The extra hour of daylight not only boosts the economy but also encourages family and community activities. Research has shown that longer daylight hours can have a positive effect on both physical and mental health, contributing to a higher quality of life for residents. The longer days promote outdoor engagement, which is beneficial for overall well-being.
Calls for Year-Round Daylight Saving Time
While many celebrate the economic and social advantages of Daylight Saving Time, some experts are urging the government to consider permanently adopting the practice. Prof. Eran Tauber, head of the Laboratory for Biological Clock Research at the University of Haifa, warns that the annual clock change has significant health implications—both short and long-term—and suggests that Israel follow the lead of many other countries that have already abolished the practice.
Ron Tomer, president of the Manufacturers' Association, voiced his support for extending Daylight Saving Time throughout the year, citing its economic benefits. He urged the Israeli government to adopt this change permanently, stating that it would increase productivity across the economy, improving the standard of living for all Israelis.
Tomer further emphasized that keeping Daylight Saving Time year-round would save an additional 80 million shekels annually in electricity costs. This would bring the total savings to around 430 million shekels in the first year, with the potential for this number to approach half a billion shekels in the coming years due to inflation.
A Delicate Balance
While Daylight Saving Time offers significant economic and social benefits, it remains a topic of debate due to its potential health implications. As Israel moves forward with the transition tonight, the conversation around its long-term application is likely to continue. Whether or not the government adopts Daylight Saving Time year-round will depend on balancing the economic advantages with the concerns raised by experts in health and well-being.
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