The measure of israels economic strength

Quote The Israeli economy turned in another solid performance in The main driver of growth now is consumption, with household expenditures rising by 4.

The measure of israels economic strength

In the past, the Netanyahu government has vehemently opposed all parallels with South African apartheid. Unfortunately, new data suggests that under apartheid South African blacks had more to hope for than Palestinians today. Unsettling Parallels Between andIsraeli GDP per capita, adjusted to purchasing power parity, increased by percent; in the West Bank and Gaza, the comparable figure was percent.

Yet, the Palestinian starting-point is so low that progress in living standards is largely fiction. In — amid the peace talks in Oslo — Palestinian living standards were only 6. At the time, the hope was that peace would bring increasing stability, which would foster prosperity and rapid catch-up growth — until the radical-right assassination of Prime Minister Yitzhak Rabin triggered still another cycle of violence.

Last year, Palestinian living standards were about 7. After more than two decades of new wars and friction, terrorism and restrictions, the catch-up has amounted to less than a percentage point.

Ironically, South African apartheid was more conducive to economic progress in its last two decades than life in the West Bank and Gaza in the past two decades. In the early s, the Gini coefficient, a measure of inequality, was around 35 in Israel, at the level of Portugal and Italy.

But there may be still worse ahead. With his decision, President Trump departed from the decades-long U. Black and White South Africans: Meanwhile, a steep decrease in Palestinian Authority and external funding to Gaza since has worsened already dangerous humanitarian conditions there. Instead of seeking to alleviate acute distress in the region, the White House has given de facto support to the new nation-state law, which defines Israel as a Jewish nation-state, despite a significant Arab minority.

Unsurprisingly, the new law has been opposed by demonstrations and a high-profile petition by Israeli intellectuals — including Amos Oz, David Grossman, A.

It was this odd mixture of hollow expectations and raw realities that accounted for the nightmares that ensued. I was there, as was my good friend Amos Oz, the famous Israeli author and one of the leaders of the peace movement. According to the most recent survey, 89 percent of Israeli Jews do not see peace in the horizon.

Almost half of Israeli Jews believe the Palestinians should have a state of their own. More think the two-state solution would be impossible to implement.

After a generation of increasing bitterness, the share of the skeptics is relatively higher in younger age groups. The message is fairly clear. Most support a two-state plan. But since Washington is not seen as a neutral arbiter, a lasting peace plan is not enforceable.

As the IMF data suggests, the status quo is entering an entirely new stage, in which economic agony could result in a failed state before an actual state is formed, while militarization of the crisis and the absence of hope on the Palestinian side could unleash even more desperate waves of terror internationally.

Half a century of policy mistakes should be an adequate warning. For more, see http: While you are there please like and follow us, and share this piece!The following is the text of Israel’s founding Declaration of Independence, as proclaimed by prime minister David Ben-Gurion, on May 14, , in Tel Aviv, on behalf of the Provisional.

This response essay explores some of the key areas of agreement and disagreement between two recent articles on Cold War-era assessments of the Soviet economy.

And just as grass grows back, so Hamas will rebuild its strength. Israel’s challenge is not to uproot the grass, but to maintain the capability to keep it as short as possible.” Because Hamas does not see its conflict with Israel as an economic issue. The dispute is not about improving the living conditions of Palestinians, as far as.

But with faith and confidence in the justice of our path and our strength, and from the foundation upon which the state was built, we must be open and generous to those who live here with us. In the early s, the Gini coefficient, a measure of inequality, was around 35 in Israel, at the level of Portugal and Italy.

Closer to 43 today, it is among the highest in OECD countries, and.

The measure of israels economic strength

The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a .

Index of Economic Freedom - Wikipedia