Thursday, November 28, 2013

So why those details have changed since and now oppose specifically for export? Well, the answer is


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Israeli media, news issues are changing rapidly. But there is one subject that escapes our radar is the gas issue. Export or not to export? That is the question. Resistance vucem export vucem seems strange that usually politicians and unions oppose actually import. After all, for years, those who advocate government intervention in the economy (or as economists call them opponents of laissez-faire to) opposed vucem to cheaper imports. It took years to convince them that most often it does not affect the product, but allows the economy to grow. A good example is the global success of Waze we are all proud of her.
So why those details have changed since and now oppose specifically for export? Well, the answer is that it is not new at all. If we go back in time about 400 years back, we find that people who believed opposed intervention export economy. Their argument was based on the fear that vital textile export products and wheat, will not stay enough within the country, prices will rise and the public will suffer. vucem Sound familiar? vucem The biggest difference is in the 17th century who would come essential products, sentenced to death and were hanged, whether the trial with or completely legal. So surely Mr. Answer glad he lived in our time.
In order to address the core dispute, nephrotic various options using simple arithmetic. Let's assume that the company discovered the gas is a government company and all profits returning to the people. For example Governor reservoir quantity is 4,000 cubic meters of gas and Israel consumes each year only 100 of them. Unless will export at all, we will not have to import oil and gas for 40 years. In this case, the government will sell us the gas to the world market price. Whatever vucem the outcome on the economy vucem ? oil imports will decrease and the shekel strengthened.
Now let's vucem say we allow exporting. Governor vucem one year we were able to export all the remaining 3,900 cu in of $ 1,000 / m. State the script has gained 3.9 million. Additionally, earning a seven-state gas production, work work at sea who consumed Israeli products and Israeli given another job. Again, we will witness the strengthening of the shekel vucem if some of the money will flow to the Israeli economy.
Various economists have warned of the "Dutch disease," a term he made aliyah following the discovery of gas deposits. They fear higher export proceeds and that the strengthening of the local currency will lead, ultimately lowering the profitability of the remaining export industry. Not that important that Dutch disease hurt us anyway because currency vucem appreciation starting from day one world to know that we found a gas (even before the debate began on exports).
The key question is what will the country with profits. The analogy that works here is winning the lottery. Who rationale and plans to invest the winnings to fund future infrastructure or school, it is better to accept vucem the money at once, but the person who received 3.9 million and tossed them on parties and alcohol, it is better to get the win was fixed installments over 40 years. The question, then, what kind of winner describes our government better?
The second question we must ask is the price of gas transport in the future when we will have to import it from abroad? If shipping price is low, so there's no advantage to export gas. Further question to which I refer is not the question of taxation. Assumed here that the company is a government, but in reality it is private company. What is the state's share in profits on gas production (no matter whether exported or not)? complex issue that has been discussed Sheshinski Committee and we have no choice but welcome result.
With discussions, demonstrations and committees, we forgot that we were not an international power and gas reservoirs. Relative amounts of the world, and at today's prices, the impact of exporting gas exchange will be small, so no problem at all to export some gas. But I regret heated discussion that allows to avoid discussing issues of Israel `s true.

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