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[10]: 533–534 During the 1980s and 1990s, there were often heated intellectual debates between new Keynesians and new classicals, but by the 2000s, a synthesis gradually emerged. The result has been called the new Keynesian model, [10]: 535 the "new neoclassical synthesis" [79] [80] or simply the "new consensus" model. [79]
Israel's economy was 10 times larger than the West Bank's on the eve of the occupation but had experienced two years of recession. The West Bank's population stood between 585,500 and 803,600 and, while under Jordanian rule, accounted for 40% of Jordan's GNP, [32] with an annual growth rate of 6–8%. [33]