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Thursday, July 28, 2011
No housing shortage over the Green Line - Globes
No housing shortage over the Green Line - Globes: "economic data beyond the Green Line because, for the first time, they quantify the differences between the two sides of the border that existed before June 1967. First, government spending cuts do not apply to the settlements, or the Golan, or eastern Jerusalem. Government spending accounts for 20% of Israeli economic activity in the territories, and it adds 11% to total public sector spending. For the sake of comparison, Israeli activity beyond the Green Line accounts for just 3.9% of Israel's GDP. Part of the difference is due to security operations in the territories,"
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