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The Palestinian Economic Mirage


(Jerusalem Post) Barry Rubin - The Palestinian economy is a mirage floating on a sea of massive foreign donations. It is still riddled by incompetence, inefficiency and corruption. If you turn it into a state, that doesn't miraculously solve economic problems. It just creates a fragile state that will depend on anti-Israel demagoguery, tolerate cross-border raids into Israel, rely on infusions of pro-Islamist money (from Iran, Syria and the Muslim Brotherhood), and possibly welcome a takeover by Hamas.
2011-06-22 00:00:00
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