How sustainable is well-being over time in Israel?

Will future generations in Israel enjoy the same standards of well-being as the generation living today? This is the central question addressed by this chapter, which focuses on the sustainability of well-being over time in Israel. Assessing the sustainability of well-being over time is challenging, since many of the things that will affect people’s well-being in the future are either difficult to measure or they simply cannot be known in the present. However, it is possible to make an initial assessment of the sustainability of well-being in Israel by looking at the capital stocks that underpin future well-being outcomes. The indicators presented in this chapter do not allow drawing a definitive picture with respect to the sustainability of well-being in Israel, although they show some improvements in stocks of produced capital and suggest that Israel needs to boost its human capital. Beyond this the picture is more mixed, and there are significant measurement gaps in the area of natural and social capital.