- Foreign direct investment in Israel fell by 64% in 2009 to only $3.9 billion, down from $10.9 billion in 2008. Israel fell from 54th place in 2008 to 80th in 2009 in terms of FDI.
I found this great tool on Google that lets you compare FDI data for various countries.
Of course, since Israel plummeted from 54th place globally in ’08 to 80th in ’09, 26 other countries did relatively better than it did last year. One was China, which I put onto the Google chart there.
Equally obviously, it was not only the global economic turndown that brought down Israel’s total FDI. If it had been that, all other countries would have been roughly equally affected, and Israel might have retained its ranking. There must have been some other factor.
I’m pretty certain that worldwide horror over the Israeli assault on Gaza must have played a role– buttressed by the emergence of the worldwide BDS movement. Obviously, we should all keep the pressure up until Israelis are prepared to sign onto a fair, compassionate, and sustainable peace with its Palestinian neighbors and indeed, all ts neighbors.