109 Leading Economists and Business Figures Warn of Sanctions Impact
One hundred nine economists and business leaders warn of irreversible economic damage to Israel from potential international economic sanctions, citing severe structural risks.
A group of 109 prominent economists, business leaders, and former public sector officials has issued a stark warning regarding the severe economic consequences of potential international economic sanctions against Israel. The signatories argue that such measures could cause irreversible structural damage to the national economy.
The distinguished group includes Nobel laureates, Israel Prize laureates in economics, a former Bank of Israel governor, and top-tier officials from the Ministry of Finance. Among the prominent names signing the warning are Joel Mokyr, Jacob Frenkel, Leo Leiderman, Zvi Eckstein, Yair Avidan, Roni Hizkiyahu, Udi Nissan, Nadine Baudot-Trajtenberg, Avia Spivak, Avi Ben-Basat, David Brodet, Yishay Yafeh, Yarom Ariav, Gigi Levy-Weiss, Alon Cohen (CyberArk), Haim Katzman, Eitan Bar Zeev, Roee Vermus, Omer Moav, Avi Hasson, Uri Hadomi, Moshe Zviran, Yael Steinhart, Orly Sade, Itay Ater, Avishay Braverman, Efrhem Sadka, David Boaz, Aaron Ciechanover, David Harel, Asher Tishler, Danny Tsiddon, Eran Yashiv, Yossi Spiegel, Haim Shani, Dov Moran, Nir Dagan, Dan Galai, Dan Ben-David, and Sergio Hart.
The signatories emphasized that coordinated economic pressure threatens vital sectors of the market, calling for urgent preventative diplomatic and strategic measures to safeguard the financial stability of the country.
