Sunday, April 23, 2023

The website for the BDS Movement has a FAQ section that asks, "What has the BDS movement achieved so far?"

The very top achievement is listed as:
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?


Israel's GDP increased from $314 billion in 2014 to $488 billion in 2021, an increase of 55% and an average increase of nearly 8% a year.

It doesn't appear that BDS has hurt the Israeli economy at all. On the contrary, Israel has thrived and BDS has not affected it in the least. 

By the Israel-haters' own standards, on their own FAQ today, BDS has failed.

Now, I have said that economic damage is not really BDS' aim - demonization of Israel is. By that criterion, they have been successful. But part of that success is because they have been lying about Israel to the world and too many people are believing them. 

Here we see that they lie repeatedly to make themselves look successful, when by any economic criteria they have been an abject failure. 




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