On average, a working person in Armenia annually produces goods and services at the amount of $7,930, while the figure reaches $68,400 in Israel.
As part of UN Global Pulse’s “Rapid Impact and Vulnerability Assessment Fund,” UNESCO researched the implications of the global financial crisis on school conditions and resources by examining how primary schools, teachers and households adapt and cope with global crises.
While there have been numerous studies on the effects of macroeconomic shocks on households and the demand for schooling,...