- Banned
- #281
I don't think that comparing a tiny state physically and population wise is good statistical validation...Israel's strenth and standard of living has been helped by World Jewry like no nation before...Israeli production of technology is dependant on world-wide consumption far from her borders...her products of tecnology would be useles if UN sanctions ever go into effect. This is not far-fetched when EU is already discussing tiny hints of sanctions if they do not withdraw from the West Bank...
You're allowed to be dumb.
Israel: $200 Billion Gross Domestic Product. 40th Largest Economy In The World. 30th Highest Per Capita Income In The World
KPMG: Israel Spreading Its Wings, Growing Internationally
Israel has a dynamic, technologically advanced market economy, with a GDP of approximately US$200 billion. Over the past five years, GDP has grown by an average of five percent annually, while inflation has been near zero and the Israeli Shekel has remained stable versus the US Dollar. The Bank of Israel's interest rate is at a record low, at 0.5 percent, and is among the lowest in the world. Raw materials (excluding diamonds and fuels), constitute 40 percent of total imports, while manufacturing (low-to-high technology products and services), constitutes 87 percent of total exports. In addition, there are more Israeli-domiciled companies traded on NASDAQ (currently 63) than in any country outside the US.
The country's entrepreneurial and competitive environment is underpinned by a number of cultural and social factors. Education is one of the key drivers with high numbers of science and engineering students graduating each year - Israel boasts a ratio of 135 scientists per 100,000 workers, the highest in the world
In the 1990s, following the successful establishment of Yozma, one of Israel's first venture capital (VC) programs, nearly 100 VC firms have been established, using foreign and local investment capital, to help catapult the creation and expansion of a large number of high technology companies. Approximately US$9.4 billion of capital was invested from these sources between 1993 and 2000. In all, approximately US$4.2 billion of capital has been invested in Israeli private equity firms KPMG - April 2011 - frontiers in finance: Spreading its wings
Geezum - do you realize that nothing you just posted has a thing to do with what I said?
Please, reconsider your definition of "dumb" and see if you can post something that actually addresses the points made in the post.
Inequality - specifically income inequality as well as attitudes, building permits etc etc. that have NOTHING TO DO with Israels GDP.
Reality Check...
The UN ranks Israel among the 17 best countries to live in (out of 170 countries) in the world and with the highest qualities of life and human development, emphasizing political and cultural freedom and equality in education, healthcare, life expectancy and income, ahead of the United Kingdom, Spain, Greece, Italy, Finland, Belgium, Denmark, Luxembourg and Austria
Indices & Data | Human Development Reports (HDR) | United Nations Development Programme (UNDP)
Human Development is a development paradigm that is about much more than the rise or fall of national incomes. It is about creating an environment in which people can develop their full potential and lead productive, creative lives in accord with their needs and interests. People are the real wealth of nations. Development is thus about expanding the choices people have to lead lives that they value. And it is thus about much more than economic growth, which is only a means if a very important one of enlarging peoples choices.
Fundamental to enlarging these choices is building human capabilities the range of things that people can do or be in life. The most basic capabilities for human development are to lead long and healthy lives, to be knowledgeable, to have access to the resources needed for a decent standard of living and to be able to participate in the life of the community. Without these, many choices are simply not available, and many opportunities in life remain inaccessible.