Public Policy for Regulating the Interaction between Labor Market Supply and Higher Education Demand in Israel: A Case Study

In recent decades, the global labour market in general, and the Israeli labour market in particular, have seen significant changes, affecting the availability of jobs in many occupations. The study’s objectives are as follows: To begin, determine the relationship between trends in labour supply and trends in higher education demand. Second, to figure out which way this encounter is going. Third, to look into Israeli public policy that may have an impact on one or both of these developments. and Finally, to give recommendations to policymakers regarding necessary changes in the nature of policy governing higher education regulation and adaptation to the demands of a dynamic labour market. There appears to be a link between changes in the labour market’s supply of jobs and adjustments in demand for higher education. A bidirectional link between the job market and the higher education system may be shown in two case studies in the Israeli economy. In one scenario, it was discovered that when the number of jobs in the field of computers and engineering grows, so does the need for academic education in this subject. In the second scenario, increased demand for legal academic education resulted in a flooded labour market, which had negative consequences for the sector. The public policy established in Israel to regulate the labour market and higher education system is short-term in nature, and it consists of retrospectively examining actual circumstances and attempting to improve them by directing students to various disciplines in order to meet the labour market’s needs or correct its failures. It does not, however, explore future trends or attempt to discover future needs or flaws that may be predicted now.

Author (S) Details

Erez Cohen
Department of Middle Eastern Studies – Political Science, Ariel University, Israel.
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Ensuring Sustainability in Financing Cross-border Infrastructure Investments

Cross-border infrastructure initiatives can help Asia economically and socially. If the required $8 trillion investment in pan-Asian connectivity in the region’s infrastructure is made between 2010 and 2020, total net income gains for developing Asia could reach $12.98 trillion (in 2008 US dollars) between 2010 and 2020 and beyond, with more than $4.43 trillion gained between 2010 and 2020 and nearly $8.55 trillion gained after 2020 [1]. By facilitating the movement of goods, services, and human resources, producing economies of scale, promoting trade and foreign direct investments, creating new business opportunities, stimulating inclusive industrialization, and closing development gaps between communities, countries, and sub-regions, infrastructure connectivity helps improve regional productivity and competitiveness. Despite this, progress in the creation of cross-border infrastructure in the region is slow due to a lack of funding. The goal of this paper is to look at the major obstacles to cross-border project financing and discuss the roles that various stakeholders—national governments, state-owned enterprises, private sector, regional entities, development financing institutions (DFIs), affected people, and civil society organizations—can play in facilitating cross-border infrastructure development. This paper, in particular, highlights the major risks that deter private sector investments and FDIs, and suggests that, in order to achieve the multiple United Nations Sustainable Development Goals (SDGs), more attention should be paid to sustainability-related measures and adaptation standards [2]. The integration of environment-social-governance (ESG) elements contributes to a more inclusive, sustainable, and resilient environment for cross-border infrastructure projects. Recommendations based on worldwide experiences are also presented to handle the funding demands and hazards associated with cross-border initiatives.

Author (S) Details

Jyoti Bisbey
International sustainable development finance specialist, US.

Dr. Lili Li
Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore.

Qingyang Gu
Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore.

Ching-Yuan Chu
Senior associate in the Valuation Advisory Service at Duff & Phelps, Taiwan

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Bioethics and the Development of Biotechnology in Developing Economies: A Case of Nigeria Agricultural Research System (NARS)

The growth of biotechnologies has been monitored by ethical concerns, particularly as they affect human health and the environment. Such scandals have had a significant influence on the advancement of policies and laws impacting their growth and deployment. Agricultural biotechnology has been at the core of heated national debates, especially in its advanced forms, concerned with manipulating genes. The paper explored the potential of agricultural biotechnology with regard to conjectural threats that could be related to technology. In less developed and food insecure countries such as Nigeria, it attempted to expose the delicate balance between meeting pressing food needs and the potential risks in the use of biotechnology products. Furthermore, the study highlighted the role of ethics in the creation of national biosafety systems and laws. Although the most sealable choice for developing agricultural research systems is considered to be a precautionary posture, ethical concerns must be properly addressed from the outset in order to avoid the experience of developed countries where the production of such agricultural biotechnologies is stiffly resistant.

Author (s) Details

Dr. Thomas Adisa
Federal College of Animal Health and Production Technology, National Veterinary Research Institute, P.M.B.01, Vom, Plateau State, Nigeria.

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