A report lately released by the Taub Center has revealed that Israel has been so far lagging behind Western living standards. The 2011-2012 annual State of the Nation Report was out on Tuesday morning, which brings in doubt the work of the Israeli governments.

It is being questioned how the governments have so far dealt with the primary socioeconomic problems of Israel. As per the findings, the report document has been segregated into five segments. It has examined public policy in different research fields.

The fields include labor, welfare, education, economics and health. It has uncovered the labor productivity of the country in 2011. It has been told that the same was in the OECD countries' lower echelon behind Greece.

The report has shed light over another fact that the interest payments paid on debt last year by Israel were higher than the entire education budget of the nation. Also, a third point was the unemployment rates, which when remained relatively low, employment gaps between the leading western countries and Israel today are more notable.

"Without a change in national priorities, Israel will remain on trajectories that are not sustainable over the long-term", Taub Center head Prof. Dan Ben-David was quoted as affirming.