On Jun 20, 2007, at 1:57 AM, Jonathan Nitzan wrote:
> These explications, whether plausible or not, all fall into the same
> trap: they believe the capitalist media. They rush to explain why the
> Israeli economy is roaring without ever stopping to ask whether it is
> roaring.
According to the IMF, Israeli GDP growth has averaged 5% since 2004. That's not China, but it's still pretty strong. Population is growing about 2% a year, so per capita, it's around 3%. Not the top of the world, but highly respectable. Is this measurement somehow misleading?
Doug