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Jerusalem Center for Security and Foreign Affairs (JCFA)

Strategic Alliances for a Secure, Connected, and Prosperous Region
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Author: Prof. Zvi Eckstein

Prof. Eckstein is Dean, the School of Economics, The Interdisciplinary Center Herzliya.
Maintaining a Thriving Economy in the Shadow of Terror

Maintaining a Thriving Economy in the Shadow of Terror

June 18, 2007 | Prof. Zvi Eckstein
Despite terror and war, the Israeli economy has one of the highest per capita growth rates in the Western world among all the states established between 1948 and 1974. If there had been no terror in 2000-2005, the economy would have continued to grow and would have almost reached where it is today as early as 2003.