According to India’s Strategic Foresight Group, the conflict between Israel and Arab countries, the Persian Gulf Wars of 1991 and from 2003, tensions between Iran and Israel, activities of al-Qaeda, and fights between Hamas and Fatah since 1991 have cost countries in the region $12 trillion.

According to the report, if peace opportunies had not been missed in 1991, individuals of the region would be 50% wealthier. Gross Domestic Product per capita in Israel would be $44,241 instead of $23,304, and it would be $2,427 instead of $1,220 in Gaza and the West Bank.

This entry was posted on Tuesday, January 27th, 2009 at 18:24 and is filed under Middle East & Iran. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.