Monday, June 22, 2015

Study: Two-State Solution will Boost both Israeli and Palestinian Economies

Rand Corporation study indicates that a two-state solution will boost both Israeli and Palestinian economies by billions

By: Daina Goldfinger for ShalomLife

The Israeli-Palestinian conflict is one that has been disputed for decades with no avail so far. Now, a recently released study from Rand Corporation, an American think tank and non-profit global research company, shows some new and promising insights.

According to the study done by Rand, the Israeli and Palestinian economies will both flourish extensively if a two-state solution is implemented in the region. Israel has the potential of gaining $120 billion (NIS 460 billion), while the Palestinians would gain $50 billion (NIS 193 billion). The difference in numbers concerning the acquisition of dollars is due to the fact that Israel simply has a larger economy than the Palestinians.

If no solution is enacted between the Israelis and Palestinians however, then this could cost them both billions of dollars. Even with nonviolent conflict, the international boycott, divestment and sanctions (BDS) movement alone could cost Israel $50 billion within the next 10 years.

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