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| | ISRAEL'S ECONOMIC GROWTH |
 | | While economic development theorists generally hold that security is a prerequisite for economic growth, Israel’s war-torn history has not prevented it from creating a strong, modern, and diversified economy, one which rivals European countries instead of its neighbors in the region. |
 | | It is important to note that the economic prosperity of the 1990s coincided with a new, deadly dimension of the Arab-Israeli conflict: the advent of Palestinian suicide terrorism inside the Green Line. |
 | | In total, Israel’s economic success is quite unique among developing countries given the conditions under which it evolved: few natural resources, a socialist legacy, regional warfare, and mass immigration absorption—all of which combined should have brought failure. |
| meria.idc.ac.il /journal/2002/issue3/jv6n3a3.html (7034 words) |
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