[lbo-talk] Israel's Roaring Economy

Doug Henwood dhenwood at panix.com
Thu Jun 21 05:58:19 PDT 2007


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



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