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another reason?
Reader comment on item: Why Does Hamas Want War?
Submitted by Leo (United States), Jul 11, 2014 at 11:42
Great analysis, as always! Might I suggest that they're pursuing an economic warfare strategy, which they are winning. As even a few rockets are launched, it kills Israel's summer tourism season as many cancel trips and charters.
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Daniel Pipes replies:
Yes, possibly another reason but not a very substantial one.
According to Israel's Tourism Ministry, tourism brought in an estimated NIS 40 billion (US$11.5 billion) in 2013, or about $1 billion a month. Assuming that tourism halves for two months, that's $1 billion. The Israeli GDP in 2013 was about $260 billion. So, the Hamas' impact is about one-third of 1 percent. Painful, to be sure, but hardly crippling.
Reader comments (56) on this item
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Title | Commenter | Date | Thread |
|---|---|---|---|---|---|
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