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Tuesday
Jan272009

A Middle East Economic Fact for Your Kind Consideration

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.

Reader Comments (1)

And none of these conflicts/problems were super-imposed by superpower rivalry. Most of the region's problems are self-inflicted - Iraq war being the one exception.

January 27, 2009 | Unregistered CommenterDave

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