Israel economy war economy

India, Israel and the economic consequences of terror

If post-terror history has anything to teach us, it’s that Israel is set to see a sharp economic downturn. With over 300,000 reservists being drafted for military duty, Israel’s skilled workforce has been squeezed by 15%. India has remained a steadfast ally to Israel and proves that counter-terrorism can be coupled with economic growth. If post-terror history has anything to teach us, it is that Israel is set to see a sharp economic downturn. A downturn driven by investor nerves, a hiatus in tourism, the high costs of war and a slowdown in trade. To navigate this crisis, Israel must adopt a comprehensive approach, leveraging allies, practicing diplomacy, and prioritising a humanitarian stance while maintaining an iron fist against terror. Israel would do well to learn from India and lean on her at this critical juncture. Researcher in Diasphoric Communities at The ICfS, Nitish Rai Parwani, provides comment to CAPX addressing the economic downturn Israel is facing as a result of terror, and how to move forward. To read the full article, click here.