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June 8, 2015 9:29 am

Study: Israelis, Palestinians Would Gain Billions From Making Peace

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A new study shows that Israelis and Palestinians will gain billions from making peace. Photo: Wikimedia Commons.

A new study shows that Israelis and Palestinians would gain billions from making peace. Photo: Wikimedia Commons.

Israelis and Palestinians would gain billions of dollars from making peace with each other while both would face daunting economic losses in case of other alternatives, particularly in case of a return to violence, according to a new study released on Monday.

The RAND Corp., a U.S.-based nonprofit research organization, interviewed some 200 officials from the region and elsewhere during more than two years of research into the costs of the Israeli-Palestinian conflict. Its main finding was that following a peace agreement, Israelis stood to gain $120 billion over the course of a decade. The Palestinians would gain $50 billion, marking a 36-percent rise in their average per-capita income, the report said.

Read full story at The Associated Press.

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