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January 8, 2015 10:57 am

BDS Movement Fails to Derail Israeli Economy, Knesset Committee Report Says

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The BDS movement has failed to derail the Israeli economy, according to a recent report commissioned by the Knesset Finance Committee. Photo: Twitter – The Boycott, Divestment and Sanctions (BDS) movement has not harmed the Israeli economy, and in some cases Israel’s exports have grown in the regions in which the movement has the most traction, according to a recent report commissioned by the Knesset Finance Committee.

“So far, the attempts to boycott Israel have not hurt the Israeli economy on the macro scale. … The boycotts are able to hurt largely the end products of certain Israeli brands. However, since the majority of Israeli exports are intermediate goods, there has not been significant harm done to them,” the report said.

The study analyzed the economic effects of the BDS movement from 2000-2013. The study showed that during that time, Israel’s gross domestic product rose by 54 percent and its exports rose by 80 percent. In Europe, home to the majority of the BDS efforts, exports surged by 99 percent since 2000. Israel’s success in Europe indicates the ineffectiveness of the European Union boycott and tariff placement on products made beyond the 1949 armistice line.

Direct investment in Israel has also risen over the past decade, and that investment’s percentage of Israel’s GDP is higher compared to most developed nations. Perhaps most surprisingly, despite BDS efforts, the share of exported goods originating in Judea and Samaria and the Golan Heights has grown from 0.5 percent to 3.1 percent—and an overwhelming majority of that growth is from exports to the European Union.

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  • In 1936, in Germany jewish shops were boycotted.
    And now, ISRAEL, the JEWISH State !
    Antisemitism is growing in Europe because of the policies of some european gouvernements.
    Pay attention ! Boycotting compagnies could be boycotted !
    The Jewish People will not forget !

  • Michael

    To thelazycowboy and the rumpled foreskin, consider trading in your infected computers for real brains or….. consider joining a sideshow at a circus. You two could do a juggling act with your addled jelly like brains since they are obviously not doing any good in their present location.
    No offense intended.

  • The Cooperative Wholesale Company continues to boycott Israeli produce from four large Israeli agricultural exporters, including Mehadrin and Agrexco. They claim a) it is not a boycott and b)that it is on “moral grounds” and that they also boycott sardines from Western Sahara, illegally occupied by Morocco. The person who introduced the boycott on “moral grounds” was removed from his important position due to having lied about not being bankrupt. Other supporters of the boycott include highly “moral” people such as Paul Flowers, the drug addict and thief put in charge of the Cooperative Bank which almost destroyed it. In order to make up for the shortfall, the Coop is massively expanding its number of supermarkets. I urge everyone to sign the petition currently being circulated by North London Friends of Israel, urging people to end the boycott.

  • rachel robinson

    All those who want to promote BDS from Israel are unable to do that without using at least one of the many Israeli inventions. How stupid can you get!!

  • rachel robinson

    It is very interesting that those who wish to promote BDS from Israel cannot do that without using at least one of Israel’s inventions.

  • RobiMac

    No one or nothing can destroy Israel’s economy because Elohim’s got her back.

  • TheAZCowBoy

    Jewish thievery keeps Jews solvent – Not hard work!

  • marty

    Today MacMaster University in Canada signed agreement with Israel tofurther research in various fields. I don’t think BDS has derailed one university from tapping into Israeli know-how.

  • Zyx

    Stupidity has never derailed anything

    • TheAZCowBoy

      I’ll tell you after the Israeli elections: “Will SATANyahu come out in his ‘Fire & Brimestone’ facade?

    • here, here!

    • Yale

      Were you addressing the two who had already responded to you?