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Israeli Marxist economy: concentration progresses

Industrial output of the 250 largest companies rose 10.5% in 2006 to 2005, far outpacing economy in general. Employment increased 3% and average salary – only 5%. Oligarchy and socialist over-regulation impedes the development of small businesses. The expansion of large export companies amid the stagnation of consumer purchasing power and imports caused shekel to rise sharply.

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Zello 16 May 2008

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