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Tag: OECD

Israel to Join the Organization for Economic Development

Mazal Tov to Israel. A vote on Monday by the Organization for Economic Development and Cooperation (OECD) accepted the Jewish Country onto its roster, alongside Slovenia and Estonia, making the total count of countries, 34.

Said our fearless finance minister Yuval Steinitz, who will receive an official invitation in Paris at the end of the month from the OECD’s finance ministers:

“The significance of this is huge and that is why, as a matter of fact, I decided to treat it as a top priority 10 months ago and enter into a special program to introduce Israel into the organization at a peak time… It is the most respectable international club a small state like Israel can be accepted into…From what we know about other states, in the years following the acceptance there is a rise of billions of dollars in foreign investments in the state accepted…There is also a political gain here. We are receiving a stamp of approval… that Israel belongs to the world’s most advanced and developed countries, and not just financially – in civil rights, a clean and independent court system, regulations, equality, and steps to eliminate discrimination.”

Manufacturers Association President Shraga Brosh said:

“Israel’s membership with the organization constitutes a label of quality.”

Treasury chief Haim Shani had this to say:

“The joining of Israel to the organization points to the trust companies have in Israel’s economy and solidity. I believe the new membership will help Israel’s society and economy progress, attract foreign investors, and develop the market.”

OECD Secretary-General Angel Gurría put it like this:

“Estonia, Israel and Slovenia, along with Chile that has just deposited its instrument to become a full member, will contribute to a more plural and open OECD that is playing an increasingly important role in the global economic architecture…This new chapter in the history of the Organisation confirms our global vocation as the group of countries that search for answers to the global challenges, and establish standards in many policy fields such as environment, trade, innovation or social issues.”

Scores Too Low On Achievement Testing Of Israel’s Youth

A study was released on Sunday by the Jerusalem based Taub Center for Social Policy Studies in Israel, saying that education gaps in Israel were, in the last decade, the highest in the Western world.

Taub Center executive-director Professor Dan Ben-David said that the Israeli school system’s failure to grant children tools to be used in adult life

“will put them at a severe disadvantage that many will be unable to extricate themselves from…by creating the largest education gaps in the Western word,” he added that Israel is “sowing the seeds today of high income gaps tomorrow.”

The comparative study of grade school students from 25 Organization for Economic Co-operation and Development (OECD) member states, proved that students from Israel had scores that were inconsistent on international exams, in comparison to students from around the world.

SatelliteThe study also showed, sadly, that Israeli achievement test scores were substantially lower than in other Western nations. In some instances Israel had scores which were lower by a margin as wide as 20 points.

Italy was the only Western nation which came close to Israel’s ranking, with students receiving comparatively low test scores, nonetheless which were higher than those of Italy’s Israeli counterparts.

Even Israeli honor students received comparatively lower test scores on international tests, though by a smaller margin. The most dramatic difference was manifested by the weak Israeli pupils; compared to their Canadian and Finnish counterparts, a margin as high as 60 points was observed.

“For a country whose entire population is barely greater than that of metropolitan Philadelphia … these findings indicate existential problems in the next generation – unless a comprehensive reform of the educational system is adopted, and soon,”

concluded Ben-David.

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