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Article: Opening the floodgates. (Israel's development)
- Article from:
- Israel Business Today
- Article date:
- January 7, 1994
- Author:
CopyrightCOPYRIGHT 1994 Israel Business Today. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Watching Israel develop is like viewing a TV documentary in fast motion, about the growth of a plant from a seed. Everything that happens is expected to occur in the normal course of time. When speeded up, it challenges the senses as well as credibility. Even for those living through Israel's remarkable flowering, it is somewhat difficult to comprehend the changes.
In the recent past, Israel's image was that of a nation with rugged living conditions in need of outside contributions. It seemed to cross almost nobody's mind that what was required was a steady supply of investment capital. Suddenly, many abroad realize that Israel is ripe for investment and offers ...