Book contents
- The Israeli Economy, 1995–2017
- The Israeli Economy, 1995–2017
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- 1 Lights and Shadows in the Market Economy
- Part I Government Policy and Macroeconomic Developments
- Part II Reforms and Their Effects
- Part III Investment in Human Capital, Productivity, and Inequality
- 11 Why Is Labor Productivity in Israel So Low?
- 12 Income Inequality in Israel: A Distinctive Evolution
- 13 The Israeli Labor Market, 1995–2015
- 14 Economics of Education in Israel
- 15 Economic Aspects of the Healthcare System in Israel
- 16 The Arab Economy in Israel
- Part IV Key Issues in Various Sectors
- Index
- References
14 - Economics of Education in Israel
Inputs, Outputs, and Performance
from Part III - Investment in Human Capital, Productivity, and Inequality
Published online by Cambridge University Press: 04 February 2021
- The Israeli Economy, 1995–2017
- The Israeli Economy, 1995–2017
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- 1 Lights and Shadows in the Market Economy
- Part I Government Policy and Macroeconomic Developments
- Part II Reforms and Their Effects
- Part III Investment in Human Capital, Productivity, and Inequality
- 11 Why Is Labor Productivity in Israel So Low?
- 12 Income Inequality in Israel: A Distinctive Evolution
- 13 The Israeli Labor Market, 1995–2015
- 14 Economics of Education in Israel
- 15 Economic Aspects of the Healthcare System in Israel
- 16 The Arab Economy in Israel
- Part IV Key Issues in Various Sectors
- Index
- References
Summary
Israel is at a crossroads. It has one of the lowest productivity levels and one of the highest poverty rates in the developed world. With roughly half of its children receiving education that falls short of preparing them to work in a modern economy, future economic sustainability is not a foregone conclusion. On the other hand, the country’s leading universities are excellent, and they have been converging with the top American universities. The knowledge needed to raise Israel to viable economic trajectories exists within its borders, but the education system is not channeling this knowledge effectively to the primary and secondary schools, which in turn limits many pupils’ subsequent ability to enter quality higher education institutions. This chapter highlights aspects of education’s economic impact and focuses on a number of misconceptions about the state of education in Israel. It provides an overview of achievements and failings in Israel’s primary, secondary, and higher education systems, and highlights the importance of high school curriculum and academic field of study to adult wages.
Keywords
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- Information
- The Israeli Economy, 1995–2017Light and Shadow in a Market Economy, pp. 433 - 463Publisher: Cambridge University PressPrint publication year: 2021