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(JNS) Yoram Ettinger - In 1948, conventional wisdom considered the newly re-established Jewish state insolvent economically and indefensible militarily, a basket case. In Israel - Island of Success, Adam Reuter and Noga Kainan provide critical data on Israel's surging economy. In the 30 years from 1987 to 2017, Israel's population doubled; its per capita GDP went from $8,000 to $41,000; its exports, from $10 billion to $102 billion; independent energy resources, from 4% to 65%; life expectancy, from 75 to 82 years. Since the year 2000, Israel's economy has grown 65%, the second best among OECD countries. Israel's unemployment: 4%, the lowest in 40 years. 2018-04-27 00:00:00Full Article
At 70, Israel's Economy Exceeds Expectations
(JNS) Yoram Ettinger - In 1948, conventional wisdom considered the newly re-established Jewish state insolvent economically and indefensible militarily, a basket case. In Israel - Island of Success, Adam Reuter and Noga Kainan provide critical data on Israel's surging economy. In the 30 years from 1987 to 2017, Israel's population doubled; its per capita GDP went from $8,000 to $41,000; its exports, from $10 billion to $102 billion; independent energy resources, from 4% to 65%; life expectancy, from 75 to 82 years. Since the year 2000, Israel's economy has grown 65%, the second best among OECD countries. Israel's unemployment: 4%, the lowest in 40 years. 2018-04-27 00:00:00Full Article
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