Earlier this year, Israel and the Palestinian Authority announced a cease-fire in the four-year-long intifada. Whether the peace holds or not, Israeli companies have adapted their business to the current threat. In this interesting and well-written book, these companies share their secrets. Information from interviews is presented as Q&A, then discussed. The author interviews an Israeli CEO, for example, then discusses the main points. A summary follows. The book proceeds like this through three sectors: hotel/tourism, high technology, and transportation...
President Barack Obama inherited an unenviable legacy from his
predecessor in the greater Middle East. At the time of his inauguration,
U.S. troops were involved in two theaters of war. The wars in
Afghanistan and Iraq had started well and allowed the United States
to gain quick victories against incumbent regimes. Securing these
victories, however, had proven elusive. In Afghanistan, the Taliban
had managed to put up resistance, seriously curtailing the authority
of the central government beyond major centers of population.
The socialist fiscal system was implicit in the vertical structure of planning and
prices. In the Soviet Union, virtually all investment activity was channeled through the
budget. The primary nominal sources of tax revenue were enterprise profits and resource
rents, turnover taxes charged on the difference between retail prices of consumer goods
and their nominal enterprise cost, and profits of a foreign trade monopoly.
This occasional paper explores lessons that the unresolved Israel-Palestinian conflict can draw from South Africa's 'negotiated revolution'. Six realms are compared: economic interdependence, religious divisions, third party interventions, leadership, political culture and violence. The author also sheds light on the nature of ethnicity as well as the limits of negotiation politics.
The Palestinian stock market has a number of key players, including the
Palestine Securities Exchange, public listed companies, brokerage firms,
the Capital Market Authority (CMA) and shareholders. The Palestine stock
market was created in 1996, performing its first deal early in 1997. It
evolved quickly in the last ten years, the number of listed companies
reaching 35 with a capitalization of US$ 950 million.