As the country's political leaders gathered in Annapolis to negotiate a possible final status agreement with the Palestinian Authority, economists and business leaders were mixed over the potential impact such a settlement is likely to have on the resilient local economy.
"It depends if everything goes well, it could have a positive effect, but if not, it can go the other way as well," Shlomo Maoz, chief economist at Excellence Nessuah, told The Jerusalem Post. "We have seen a massive increase in Foreign Direct Investment (FDI) over the last few years and if an agreement is reached, it could really increase this amount, while no progress could bring about a drop-off as much as 20 percent in FDI as investors would then shy away."
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