Moslems, Christians and Jews from the Mediterranean region heard a prominent French-Jewish leader, Baron Edmond de Rothschild, of Paris, praise Israel’s economy at a meeting in Tunis yesterday, closing a week-long seminar on the cultural, economic and social aspects of life in the Mediterranean region. The seminar was the second of a series being conducted abroad by the Institute on Man and Science, an affiliate of the State University of New York.
With a Moslem as chairman of the meeting, and a Christian who is an official of the U. N. Food and Agriculture Organization, as a member of the panel, Baron de Rothschild drew lessons from Israel’s economy that might be learned by other underdeveloped countries.
Decrying the trend toward establishment of heavy industries in underdeveloped lands as uneconomical, Baron de Rothschild cited Israel’s diamond industry as an example of what a small industry can do to help the economy of a country needing industrial development.
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