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Social Inequality in Israel

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-- from 2000 to 2009, Israel's national income grew by 30%; however, it was 17% for employees compared to 59% for companies;

-- only 44.4% of 17 year-olds passed their matriculation exams, the lowest rate in a decade; however, affluent locality rates increased from 63.8% in 2004 to 67.1% in 2008; "development towns" declined from 54.2% in 2004 to 46.9% in 2008, excluding East Jerusalem; 

-- inequality in access to healthcare increased; and

-- did as well for pension savings.

Overall, investments and economic growth benefits "a small section of the economy and only some parts of the country....The blunt of the global financial crisis of 2008-2009 hit employees, not employers" or the rich.

On April 29, 2010, Jerusalem Post writer Sharon Wrobel headlined, "Gafni attacks excessive pay," saying:

Knesset Finance Committee Chairman Moshe Gafni said "(e)xcessive salaries paid to banking and corporate executives are widening the gaps in Israeli society."

Hebrew University's Momi Dahan called Israel's experience "similar to the US (and) UK, where over the past three decades senior management (compensation) increased out of proportion to widening inequalities in the economy and society."

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