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Israel the colonial economy: consumer imports rise 5 times below the average import growth

Posted By admin On May 14, 2007 @ 7:43 pm In economy | 1 Comment

Israelis become relatively poor as the economy growth [1]. Such economic layout is typical for oligarchic post-socialist or colonial economies. Consumer imports rose only 3.7% on the annual basis while overall exports rose 21%. Raw materialsí import grew only 11% as Israel becomes more dependent on imports of technologies.

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[1] economy growth: http://samsonblinded.org/blog/emigration-is-a-function-of-economy.htm