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Israel’s Economy Thrives While the Middle East Disintegrates

Jan. 19 2018

Now that the data have come in from 2017, it is clear that the Israeli economy had another successful year, expanding at a rate higher than that of any other advanced country. Israel’s per-capita GDP also grew, placing it above those of France and Japan. Daniel Kryger notes some of the implications regarding the Jewish state’s place in the Middle East:

The contrast between first-world Israel and the surrounding third-world Arab states is larger today than ever before. Israel’s GDP per capita is almost twenty times the GDP per capita of impoverished Egypt and five times larger than semi-developed Lebanon.

Like any human project, Israel is a never-ending work in progress and much work remains to integrate ḥaredi Jews and Israeli Arabs into Israel’s knowledge economy. Properly addressing Israel’s high costs of living requires more economic and legislative reforms and breaking up inefficient oligopolies that keep the prices artificially high. However, by any standard, the reborn Jewish state is a remarkable success story. . . .

Much has changed since OPEC launched its oil embargo against the West after the failed Arab aggression against Israel in October 1973. Before the collapse of the pro-Arab Soviet empire, China and India had no official ties with Israel and many Western and Japanese companies avoided doing business with Israel. Collapsing oil prices have dramatically eroded the power of oil-producing countries. It has become obvious that the future belongs to those who innovate, not those who happen to sit on oil. Israel has today strong commercial ties with China and a thriving partnership with India. Business delegations from Jamaica to Japan are eager to do business with Israel and benefit from Israel’s expertise. . . .

[For its part], the boycott, divest, and sanction (BDS) movement may bully Jewish and pro-Israel students on Western campuses. However, in real life, BDS stands no chance of succeeding against Israel. The reason is simple: reborn Israel has . . . become too valuable a player in the global economy.

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More about: BDS, Israel & Zionism, Israeli economy, Middle East, OPEC

 

Germany’s Bid to Keep Israel off the UN Security Council

March 21 2018

The Jewish state has never held a temporary seat on the United Nations Security Council. For the first 50 years of its existence, it was denied membership in any of the UN’s regional groups, which control candidacies for these rotating seats. Then it was finally admitted to the Western European and Others Group, which promptly agreed to wait another twenty years before approving Jerusalem for a Security Council candidacy. Now, Benny Avni notes, Germany is poised to block action:

As a good-faith gesture, the Western European and Others Group promised Israel that it and Belgium would run uncontested for the two open 2019-20 [Security Council] seats. Then, in 2016, Germany announced it would also run—even though it already served as a council member [multiple times, including] as recently as 2011-12. . . . [U]nless Belgium yields, Israel’s hopes for UN respect seem doomed for now—and maybe for the foreseeable future.

Why? Diplomats have been telling me Israel violates too many Security Council resolutions to be a member—as in the one passed during the last weeks of Barack Obama’s presidency, which marked Jewish holy sites as occupied Palestinian territory. But is building a porch in [the West Bank town of] Ma’ale Adumim really such a huge threat to world peace?

How about, then, a report released last week by UN experts on the Security Council’s North Korea sanctions? It found Germany violated a council ban on sparkling wines, exporting $151,840 worth of bubbly and other luxury goods to Kim Jong Un’s cronies. Or how about, as the Jerusalem Post’s Benjamin Weinthal reports, German companies exporting to Iran banned materials that were later used in chemical attacks in Syria?

Never mind. Germany (and Belgium) will surely benefit from the UN’s habit of magnifying Israel’s violations beyond all proportion. Thus, Israel’s petition to join the most prestigious UN club will likely be rejected, thanks to a late entry by a shameless [and] cynical German power play against the Jewish state.

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More about: Germany, Israel & Zionism, Israeli-German relations, United Nations