published in association with the kuwait chamber of commerce and industry. this study deals with the economic and political outcomes of the camp david agreements, and the gains they hold for israel in the near and distant futures. it emphasizes that these gains cross geographical barriers and extend beyond egypt to other states. in addition, these gains go beyond the economic level to include political and military ones as well. while economic gains are expected to appear in the distant future, the political and military ones are more imminent.