POLI 437 Lecture Notes - Lecture 26: Haredi Judaism, Conventional Warfare, High Tech
Document Summary
High income inequality (larger than most developed countries) is largely due to the arab and haredi sectors (low labor force participation) The cost of living is also high and thus it is difficult for the average person to live. 1950-76: gdp per capita was at 4. 7% annually: now, gdp per capita is 22nd in the world. Human development index is . 90 (compare to other developed countries who have an average of . 93) About 5% of gdp is spent on defense (aka lots of 27477) Increased foreign investment in israel, especially in high-tech sector. Unemployment, although low, is an important political issue. High portion of citizens below the poverty line (about 20%: national security. Reserves: after service is completed, soldiers are kept in reserves and called in once a year for a refresher on army procedures and to learn about new technology.