BDS was a major factor behind the 46% drop in foreign direct investment in Israel in 2014, according to a UN report.
How have direct investments in Israel done since then?
If BDS is taking credit for the 46% drop in direct investment in 2014 then the 255% increase since then must be viewed as a huge BDS failure.
Also, the UN report did not say what BDS claims. It quoted a Newsweek article which in turn quoted a YNet article where one of the authors of the report said:
"We believe that what led to the drop in investment in Israel are Operation Protective Edge and the boycotts Israel is facing," Dr. Roni Manos of the College of Management and one of the authors of the report's summary told Ynet. According to her, these are only conjectures that can explain the sharp decline, but there is another reason. "In the past there were large transactions such as Waze and ISCAR Metalworking which boosted investment, but over the past year there were not enough such deals.
So BDS is not only trying to hide the statistics since 2014 that disprove its "victory," it even lied about the reason for the 2014 anomalous decline itself.
The BDS Movement FAQ goes on:
A Rand Corporation study predicts BDS could reduce Israel’s GDP “by 1 to 2 percent” annually over the next 10 years.
That Rand study says, "Historical evidence from other countries suggests that financial and trade sanctions associated with boycott, divestment, and sanctions could reduce GDP by 1 to 2 percent. "
In other words, it was a wild guess for the purposes of making economic forecasts based on various scenarios, not a prediction for Israel.
Rand wrote that in 2015. How has Israel's GDP done since then?
Buy the EoZ book, PROTOCOLS: Exposing Modern Antisemitism today at Amazon! Or order from your favorite bookseller, using ISBN 9798985708424. Read all about it here! |
|