Re: Israel’s Roaring Economy
On Jun 20, 2007, at 10:34 PM, Yoshie Furuhashi wrote:
Compare the paltry ten-year average Israeli per capita growth rate of just 1% for 1996-2006 and the respectable 2004-2006 average of 5%, and we can see that Hamas’s unilateral 18-month ceasefire and entry into electoral politics has done wonders for Israeli economy (in stark contrast with the declining economy of the Al Aqsa Intifada years that is shown in your graph
Not sure if there’s really a cause-effect here, but if there is, it
would undermine Naomi Klein’s claim that war is good for the Israeli
economy.
Doug