Declining Economy chart 1 The Economy: two years of negative growth, following a four-year stagnation, ended an earlier promising era. GDP per capita,

Slides:



Advertisements
Similar presentations
How big is the UK economy? The UK economy is the 7 th largest in the world, with an annual GDP of around £1.35 trillion, or £1350 billion, or £1,350,000,000,000.
Advertisements

The State of Working America, The labor market recession, which began in October 2000 remains with us. This recession marks the end of the long.
Economic Trends in Israel General data General data Product and employment Product and employment Balance of payments and external stability Balance of.
The Israeli Economy: Maintaining a Thriving Economy in the Shadow of Terror Prof. Zvi Eckstein Deputy Governor, Bank of Israel The Jerusalem Center for.
The Polish economy in 2002 Frigyes Ferdinand Heinz Research Office (London) Bank of Tokyo-Mitsubishi Ltd.
1 The distribution of the State budget – 2008: social services are one-third of the total budget Total budget: NIS 323 billion Not including debt servicing.
18-1 Levels of Development
Bank of Israel Annual Report 2006 Presentation to Knesset Finance Committee May 2007.
8 Economic and Socioeconomic Forces International Business by Ball, McCulloch, Frantz, Geringer, and Minor McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill.
1 Reducing the Gaps in Society: Policy Challenges in the Era of Globalization Dr. Karnit Flug June 2007 Taub Center Conference.
Is Inequality Increasing? Presentation for Parliamentary Library Vital Issues Seminar, 10 October 2012 Peter Whiteford, Crawford School of Public Policy.
World Bank Development Project Proposal: Brazil By Jeffery Wong.
1 Introduction to Macroeconomics Chapter 20 © 2006 Thomson/South-Western.
2 2 The Economy: Myth and Reality E pluribus unum (Out of many, one) Motto on U.S. currency The Economy: Myth and Reality E pluribus unum (Out of many,
Regional economic distinctions are essential in better understanding New York’s economic challenges.
Causes of Poverty in the UK. What is Poverty?  “Individuals, families and groups in the population can be said to be in poverty when they lack the resources.
The Israeli Economy: Maintaining a Thriving Economy in the Shadow of Terror Prof. Zvi Eckstein Deputy Governor, Bank of Israel The Jerusalem Center for.
THE UK ECONOMY (MACROECONOMICS) TOPIC 2 UNEMPLOYMENT.
Research and Planning Administration National Insurance Institute National Insurance Institute Research & Planning Administration Herzliya Conference The.
Growth of the Economy And Cyclical Instability
The distribution of the State budget Total budget: 298 billion NIS, 2005 chart 1.
Bank of Israel Annual Report April was a good year for Israel's economy: The economy grew rapidly, with growth led by the business sector.
1 The distribution of the State budget 2006 Total budget: NIS 303 billion,
The Perfect Storm Community Service Council of Greater Tulsa - October 2007.
The Israeli Economy and Society between Wars, Hi- Tech and Globalization Dr. Roby Nathanson Tel - Aviv, Presentation to FFSI Group.
Chapter 23.2 Measuring the Economy. Measuring Growth ► When the economy grows, businesses are producing more goods and services, and they hire more workers.
Labor Market Trends Chapter 9, section 1.
 Circular Flow of Income is a simplified model of the economy that shows the flow of money through the economy.
Integrating a Gender Perspective into Statistics Selected topic: Poverty Statistics S. Nunhuck Statistics Mauritius.
Relative poverty in Scotland decreased in 2013/14 Communities Analysis Division– September 2015 In Scotland, relative poverty, before housing costs, fell.
The Budget Squeeze C. Eugene Steuerle The Urban Institute September 10 Stanford Institute for Economic Policy Research.
1 Atyrau Region The region is located in the west of the country. As of January 1, 2012, the area is thousand square kilometers, the region's population.
PART TWO: Distribution and Human Resources
BOOM OR BUST: WHICH SIDE OF THE ECONOMIC RECOVERY DO YOU SIT ON? Janet Harrah, Senior Director Center for Economic Analysis and Development Northern Kentucky.
Chapter 13SectionMain Menu Unemployment What are the different types of unemployment? How are unemployment rates determined? What is full employment?
Population & Society.
San Diego Regional Economic Prosperity Strategy Transportation: Helping Address the Three E’s.
Additional analysis of poverty in Scotland 2013/14 Communities Analytical Services July 2015.
SOCIAL QUALITY INDICATORS: SINGAPORE M Ramesh LKY School of Public Policy National University of Singapore Paper presented at the Asian Conference on Social.
Chapter 2 The Economy: Myth and Reality E pluribus unum (Out of many, one) MOTTO ON U.S. CURRENCY.
Objective of Industrialization Reduced the heavy dependence on agriculture sector. A higher average income. Money earned by exporting goods to developing.
No First 5 Agenda: Take out your packets on the MNC- you were to highlight the pros and cons- today you will be making a chart of the pros and cons Tomorrow.
Macroeconomics SSEMA1 Students will explain and describe the means by which economic activity is measured by looking at gross domestic products, consumer.
Today’s Schedule – 10/30 Ch. 11 & 12.2 Quiz Finish Daily Show Clip
The Distribution of Recent Economic Gains: Some early observations Ben Dolman.
The Impacts of Government Borrowing 1. Government Borrowing Affects Investment and the Trade Balance.
IGCSE ECONOMICS Section C 1/9/14. OUTPUT  The output of an economy is also known as National income. This measures the total value of goods and services.
Back From the Future: Chapter 5 The Irony of Success: Social Accomplishments and their Unintended Consequences.
Economics Measuring the Economy. Gross Domestic Product Gross Domestic Product is a measure of the size of the economy. It is the total value, in dollars,
POVERTY & WEALTH INEQUALITY CSI – UNIT WEALTH DISTRIBUTION  Wealth = sum of assets minus liabilities  Assets = Real estate, savings, investments,
Introduction to the UK Economy. What are the key objectives of macroeconomic policy? Price Stability (CPI Inflation of 2%) Growth of Real GDP (National.
Bangladesh Poverty Assessment: Building on Progress Poverty Trends and Profile Dhaka, October 23 rd 2002.
Is the U.S. in an Economic Decline? New Canaan Senior Men Club – January 29, 2016 Paul A. Strassmann.
Introduction Characteristics of the Israeli labor market –Low participation rate in the labor force compared to OECD countries –High rate of foreign workers.
Output, growth and business cycles Econ 102. How does GDP change over time? GDP/cap in countries: The average growth rates of countries are different.
1.02 ~ ECONOMIC ACTIVITIES AND CONDITIONS CHAPTER 2 MEASURING ECONOMIC ACTIVITY.
FACING ECONOMIC CHALLENGES Unemployment  Poverty  Inflation.
Do Now Do you know anyone who was impacted by the “Great Recession” that began in 2007? What happened to overall employment? What happened to the economy?
Chapter 12 and 13 Economics. First part of Jeopardy deals with Chapter 12 and GDP.
Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Chapter 2 Comparative Development: Differences and Commonalities among Developing Countries.
SWEDEN BY BEN DAVIDSON, EUGENE THONG, JESSIE YEUN, AMY CHIN AND JOSIE TUFF.
Do Now Write down anything you know about the “Great Recession” that began in 2007 What happened to overall employment? What happened to the economy? How.
Chapter 13 Unemployment/Inflation/Poverty. Employment Employment is considered if: * You work at least one or more hours * Work without pay in a family.
Promoting social cohesion in Korea. Social spending is low but increasing rapidly Rising income inequality and relative poverty and the factors behind.
[ 5.5 ] The Labor Force.
As in the past – 5 focus areas & 23 indicators
BY Deena Mostafa El-maleh Lecturer of geriatrics & gerontology
What are The main challenges for the Swedish Economy?
Survey of Expectations in Israeli Industry
Economic Performance Chapter 13.
Presentation transcript:

Declining Economy chart 1 The Economy: two years of negative growth, following a four-year stagnation, ended an earlier promising era. GDP per capita, NIS thousands, (1995 prices)

Declining Economy chart 2 Unemployment: after declining, despite mass immigration, unemployment is once again rising. % unemployed

Declining Economy chart 3 Unemployment by Region: periphery towns suffer more unemployment than the center. % unemployed

Declining Economy chart 4 Standard of Living - Public Opinion: Has your standard of living changed in the last 2-3 years? The majority feel a decline in their standard of living.

Declining Economy chart 5 Income Needs - Public Opinion: Does your income meet your basic needs? One third feel barely able to meet their needs.

The Positive Side chart6 Gross Domestic Product: while lagging behind more developed countries as measured in per capita terms, Israeli ranking rises when examined per employee. US$, thousands Per capita Per employed person

The Positive Side chart7 Exports: the past 20 years have seen a major shift from conventional industries to electronics. % of total exports

The Positive Side chart8 Information Technology: Israel has a high proportion of ICT in its business sector. Employment share is lower but still relatively high. % in Employment % in Value-Added

The Positive Side chart9 Occupational Structure: reflects reliance on academic and professional employment.

Income Distribution chart10 Income Distribution: those in the lowest decile earn as little as 1/5 of those in the highest decile. Index, upper decile of income = 100 Deciles of income per standard person

Income Distribution chart11 Durable Goods Ownership: the lowest decile lags behind in access to computer technology and transportation. % of total in each decile

Income Distribution chart12 Families in Poverty: families living below the poverty line have leveled off at the high level of 16-17%. % of families below poverty line

Income Distribution chart13 Real Wages: a trend of rising real average wages has abruptly reversed. Index 1994=100

Social Tensions chart14 Security - Public Opinion: Does the security situation influence your daily life? Over 50% feel a great impact. % of respondents

Social Tensions chart15 Violent Crime: the rate of violent crime doubled in the 90s; a major part, attributable to domestic violence. per 1000 population

Social Tensions chart16 Road Accidents: Israel has almost the highest number of road accident victims of all Western countries. per 100,000 population

Social Tensions chart17 Tolerance - Public Opinion: Is Israeli society tolerant of national, ethnic, or religious groups? The public perceives Israeli society as largely intolerant.

Social Tensions chart18 Foreign Workers: since the mid-90s, Palestinian laborers have been largely replaced by foreign workers. % of civilian labor force

Social Tensions chart19 Foreign Workers - Public Opinion: How should the government relate to foreign workers? Almost half think they should be prevented from entering and deported.

Restrained Budget chart20 Government Outlays: social services are the largest component of the government budget. Total budget – US$ 60 billion

Restrained Budget chart21 Government Expenditure: stability following decline of government outlays from almost 60% of GDP to near 40%. social services other defense Total budget, excl. debt servicing

Restrained Budget chart22 In-Kind Social Services: after a short spurt in the early 90s, a moderate downward trend may be observed in education, health and welfare expenditures. % of GDP

Restrained Budget chart23 Unemployment Benefits: rising unemployment has led to a rapid increase in the number of people receiving unemployment and income support benefits. thousands

Restrained Budget chart24 Budget Cuts - Public Opinion: To what extent do budget cuts hurt social services? Most people say it has had a harmful effect.

Restrained Budget chart25 Social Gaps - Public Opinion: How does the budget affect socio-economic disparities? The public feels government policy has widened social gaps.

Service development chart26 University Enrollment: since reaching parity in 1985, more women now enroll in university than men. Enrolled as % of age group (20-29)

Service development chart27 Higher Education: over 40% of Israeli adults (age 25-64) have a post-secondary education.

Service development chart28 Education and Disparities - Public Opinion: Does the education system narrow social disparities? Only a minority see the education system as reducing disparities.

Service development chart29 National Health Expenditure: per capita expenditure is lower than in most Western countries. US$

Service development chart30 Government Health Expenditure: expenditures failed to keep pace with population growth; per capita rates have declined to the level of the early 90s. Index: 1980=100

Service development chart31 Health Care - Public Opinion: Do all enjoy the same level of health care? 80% feel that everyone does not receive equal treatment.

Service development chart32 Long-Term Care: The number receiving long-term care benefits increased dramatically. % of population aged 65+