Friday, September 07, 2007

"Economic Miracle"


Israel's Economic Miracle -Amotz Asa-El

An economic miracle has turned the Jewish state into the developed world's fastest-growing economy.

Israel's lack of natural resources, like Japan's, was a blessing, as it forced it to seek wealth in human brains rather than natural resources. The bottom line of all this is that there are ways to thrive in the Middle East, even without oil.

It would help if objective parties, such as the EU and UN, would tell Arab governments that their economic condition is self-inflicted and treatable; all they need to do is look at Israel a little less emotionally and learn from its efforts.
(Seattle Post-Intelligencer)

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