The Economics of Gaza blockade
NOVANEWS
Here's an article on Jnews on how Israel uses the Gaza blockade to benefit its economy by exploiting the captive Gazan market. The article is based on a little publicised Wilikeaks document titled, "Shin Bet Talks Gaza Economics" written by David R. Burnett, Economic Counselor in the US embassy in Tel Aviv:
It describes a briefing given to Embassy officials by senior members of the Israeli Shin Bet*, on how Israel uses the banking system in Gaza to increase the political influence of the Palestinian Authority (PA) in Gaza, by attempting to starve the Hamas government of cash.
The Shin Bet informed the US embassy that banks in Gaza know that they must neither allow Hamas members to open bank accounts nor have salaries deposited into existing accounts. If the banks disobey, they ...
