Twenty years after the Madrid Peace conference, and ten years after Bill Clinton’s heroic efforts at Camp David failed to yield a settlement between Israelis and Palestinians, one cannot escape the conclusion that the Israeli-Palestinian peace process has become one of the most spectacular deceptions in modern diplomatic history.
TEL AVIV – Twenty years after the Madrid Peace conference, and ten years after President Bill Clinton’s heroic efforts at Camp David failed to yield a settlement between Israelis and Palestinians, one cannot escape the conclusion that the Israeli-Palestinian peace process has become one of the most spectacular deceptions in modern diplomatic history.
The process fell victim to the parties’ inability to bridge the gap between what was politically feasible for them and what was required for a settlement. Trapped between the possible and the necessary, Israelis and Palestinians simply learned to live without a solution.
However obsessed international opinion may be with Gaza’s agony, to most Israelis the Palestinian “problem” seems to be happening on the dark side of the moon. The wall/fence in the West Bank and Ariel Sharon’s disengagement from Gaza have practically done away with daily friction between Jews an Arabs. Absorbed by their booming economy, reassured by President Barack Obama’s recent commitment never to let Israel down, and convinced of their success in defeating Palestinian terrorism in the West Bank and deterring Hamas from venturing into another war, Israelis have lost any sense of urgency concerning the Palestinian problem.
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The long-standing economic consensus that interest rates would remain low indefinitely, making debt cost-free, is no longer tenable. Even if inflation declines, soaring debt levels, deglobalization, and populist pressures will keep rates higher for the next decade than they were in the decade following the 2008 financial crisis.
thinks that policymakers and economists must reassess their beliefs in light of current market realities.
Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.
argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
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TEL AVIV – Twenty years after the Madrid Peace conference, and ten years after President Bill Clinton’s heroic efforts at Camp David failed to yield a settlement between Israelis and Palestinians, one cannot escape the conclusion that the Israeli-Palestinian peace process has become one of the most spectacular deceptions in modern diplomatic history.
The process fell victim to the parties’ inability to bridge the gap between what was politically feasible for them and what was required for a settlement. Trapped between the possible and the necessary, Israelis and Palestinians simply learned to live without a solution.
However obsessed international opinion may be with Gaza’s agony, to most Israelis the Palestinian “problem” seems to be happening on the dark side of the moon. The wall/fence in the West Bank and Ariel Sharon’s disengagement from Gaza have practically done away with daily friction between Jews an Arabs. Absorbed by their booming economy, reassured by President Barack Obama’s recent commitment never to let Israel down, and convinced of their success in defeating Palestinian terrorism in the West Bank and deterring Hamas from venturing into another war, Israelis have lost any sense of urgency concerning the Palestinian problem.
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