The dividends of peace
Jewish-Arab researchers evaluate the economic dividends of peace
by Nicky Blackburn, Britain Israel Communications and Research Centre
A new report which shows that Palestinian-Israeli economic cooperation could lead to a huge growth in prosperity, a leap in exports, and a wave of lucrative tourism to the area is now being distributed to Israeli, Palestinian and international policy makers.
The research, which was carried out by Jewish and Palestinian economists at the Peres Centre for Peace and the Palestine Trade Centre (PalTrade), showed that more than 5.4 billion pounds in exports and 465,000 jobs for Palestinians, and 8.85 billion pounds in exports and 375,000 jobs for Israelis in agriculture, textile, construction and tourism could emerge within five to 10 years, once political stability is achieved between the warring sides.
