Friday, October 29, 2010

The Best Article On The Real Economic History and Situation of the Gaza Strip

By Barry Rubin

Michael Horesh provides the ultimate article on the Gaza Strip's economy showing how much mythology has gone into portraying it as a tragic disaster area due to you-know-who.

Note that during the 1990s' peace process era, when Palestinian violence was at low levels, tens of thousands worked in Israel bring prosperity to the West Bank and the Gaza Strip. Bad economic policies by the Palestinian Authority and Hamas rulers along with the refusal to make peace with Israel and the use of terrorist violence are the causes of economic problems.

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