Israel Approves $300-Million Fund to Reverse Brain Drain

The Israeli cabinet on Sunday approved a new $300-million plan to reverse Israel’s brain drain and attract top-class researchers back to their homeland, Ynetnews reported. A recent survey found that the ratio of Israeli academics working in the United States to those in Israel was nearly 25 percent. The new fund, one-third of which will come from the government, will establish 30 centers of academic excellence at existing universities with attractive salary, budget, and working conditions to woo academics.