Economy
In the Katif Bloc’s unique greenhouses, a uniquely developed advanced technology was used to grow bug-free leafy vegetables and herbs answering to the strictest health, aesthetic and religious requirements. Most of the organic agricultural products were exported to Europe. In addition, the community of Atzmona had Israel’s largest plant nursery, and with 800 cows, the Katif dairy was the second largest in the country. Telesales and Printing were other notable industries.
The total sum of exports from the greenhouses of Gush Katif, which were owned by 200 farmers, came to $200,000,000 per year and made up 15% of the agricultural exports of the State of Israel.
The combined assets in Gush Katif were estimated at $23 billion.
Of Israel’s total exports abroad, Gush Katif exported:
- 95% of bug-free lettuce and greens
- 70% of organic vegetables
- 60% of cherry tomatoes
- 60% of geraniums to Europe.
The Economic Cooperation Foundation, which is funded by the European Union, agreed to purchase the greenhouses for $14 million and transfer ownership to the Palestinian Authority, so that the 4,000 Palestinians employed to work in them could keep their jobs. Former head of the World Bank, James Wolfensohn, contributed $500,000 of his own money to the project.
When the IDF left Gaza, thousands of Palestinians looted the area, and 800 of the 4,000 greenhouses were left unusable.
Read more about this topic: Gush Katif
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)