Blog : Philosémitisme

Yoram Ettinger:
According to Adam Reuter, Chairman of ?Financial Immunities' and author of the 2018 Israel ? Island of Success (Globes Business Daily, Dec. 19, 2018): Israel is not afflicted by brain-drain, but benefits from brain-gain.

While Israel's establishment documents net-migration of higher-education Israelis, it fails to document the massive influx of higher-education Olim (Jewish immigrants). About 2/3 of the Olim ? 18-years-old and older ? have gone through higher education. For instance, in 2015, Israel's Central Bureau of Statistics reported a brain-drain of 1,360 higher-education Israelis, ignoring the 14,870 higher-education Olim, who arrived in 2015, 48% of whom possessed graduate degrees and PhDs.

While the ratio of higher-education Israelis (compared to the entire population) ranks third in the world, following Japan and Canada, the ratio of higher-education Olim is significantly higher than the rest of Israel's population. Over 25% of the Olim are experienced in the critical areas of hightech, engineering, computer science, medicine and health.

From 1980-2010, 30,000 higher-education Israelis emigrated (the total of exiting, minus returning Israelis), while 290,000 higher-education Olim arrived from the USSR, France, the USA, etc.. Considering the 25,000 higher-education Olim who emigrated, there was a net brain-gain of 235,000 from 1980-2010.

From 2010-2018, some 105,000 higher-education Olim arrived (out of a total of about 198,000 Olim), while 22,000 higher-education Israelis emigrated ? a net brain-gain of 83,000; an annual net brain-grain of 9,000.

From 1980-2018, there has been a net brain-gain of 315,000 higher-education people!

Moreover, from 2010-2016, 4,000 PhD Israelis returned to Israel with enhanced experience and networking, providing tailwind to economic growth.

Israel's 2018 economic indicators according to Bank of Israel: Israel's public debt to GDP ratio: 60.4% in 2017, 66.1% ? 2014, 71.1% ? 2010 [225% ? 1985], compared with the European Union ? 81%, Britain ? 85% and the USA ? 105%.

GDP growth ? 3.7%, GDP per capita ? $39,600, unemployment rate ? 4.1%, inflation rate ? 1.2% [445% ? 1985].

Israel's ultra-orthodox Jewish population has been increasingly integrated into Israel's economy, as documented by Eli Paley, the founder and Chairman of the Jerusalem-based Haredi (Ultra-Orthodox) Institute for Public Affairs. The Haredi Institute ? in cooperation with top (secular) Israeli hightech entrepreneurs ? is dedicated to the enhancement of the Haredi integration into Israel's hightech sector. The latter is the major driving force behind Israel's economic growth, but is threatened by a growing shortage of skilled developers.

The goal is to increase the number of Haredi persons in the hightech sector, while moving them from low-tech to high-tier positionsLire l'article complet

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