West Bank and Gaza - Investment Climate Assessment : Unlocking the Potential of the Private Sector
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC
Resumen
Descripción
It is the purpose of this Investment
Climate Assessment (ICA) to look at what hinders the move of
the Palestinians to new markets and what can be done to
encourage it. The ICA reveals that shrinking market access
and the lack of free movement are the main constraints to
growth for Palestinian enterprises. Relative to other
countries in the region, the Palestinian investment climate
is good: petty corruption is low, the bureaucracy is
relatively efficient and financial markets are well
developed. Despite this, Palestinian enterprises have not
invested enough to maintain their international
competitiveness. However, the report points out that the
growing settlements and movement restrictions imposed by
Israeli authorities for security reasons overshadow all
other elements of the investment climate. The restrictions
close off markets, raise transaction costs and prevent
producers from guaranteeing delivery dates. The closures
also serve to keep firms small and prevent them from
attaining minimum efficient scale. The ICA policy
recommendations fall into three broad categories: movement
and access, the investment climate, and enterprise
capabilities. For the Palestinian private sector to fulfill
its potential and create the jobs required by the rapidly
expanding population, all three of these areas must be
addressed. However, re-establishing free movement and
access, while maintaining Israeli security, is the sine qua
non for a viable Palestinian economy. Without a concerted
political effort to re-open markets and lower transaction
costs the Palestinian private sector is bound to fail.
Palabras clave
AGRICULTURE, AUTONOMY, AVERAGE GROWTH, AVERAGE PRODUCTIVITY, AVERAGE WAGE, BANK ACCOUNT, BANK ACCOUNTS, BANK LOAN, BANK PRODUCT, BANKING SECTOR, BANKS, BUSINESS ASSOCIATIONS, BUSINESS COMMUNITY, BUSINESS ENVIRONMENT, BUSINESS ENVIRONMENTS, BUSINESS TRAVEL, BUYERS, CALCULATIONS, CAPABILITIES, CAPABILITY, CAPITAL MARKETS, CERTIFICATE, CHECKS, COLLATERAL, COMMERCE, COMMERCIAL LAW, COMPETITION POLICY, COMPETITIVE MARKET, COMPETITIVENESS, CONTRIBUTION, CONTRIBUTIONS, CREDIT FACILITIES, CUSTOMS, DAYS OF INVENTORY, DELIVERY TIMES, DEPOSITS, DEVELOPING COUNTRY, DIRECT INVESTMENT, DIRECT SALES, DISTRIBUTION SYSTEM, DOMESTIC MARKET, DOMESTIC MARKETS, EARNINGS, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC PERFORMANCE, ECONOMIC POLICIES, ECONOMIC RELATIONS, ECONOMIC RESEARCH, ECONOMIC SITUATION, ECONOMIC STRUCTURE, ECONOMIES OF SCALE, ELECTRICITY, EMPLOYMENT, ENTERPRISE PERFORMANCE, ENTERPRISE SURVEY, EQUIPMENT, EXPORT MARKET, EXPORT MARKETS, EXPORTER, EXPORTERS, EXPORTS, EXTERNAL MARKETS, FACTORING, FINANCIAL MARKETS, FINANCIAL RESOURCES, FINANCIAL SECTOR, FINANCING REQUIREMENTS, FIXED ASSETS, FOREIGN CAPITAL, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN INVESTORS, FOREIGN TRADE, GDP, GLOBAL ECONOMY, GOVERNMENT REGULATIONS, GOVERNMENT SUPPORTS, GROWTH RATE, HOLDING, HOUSING, HUMAN RESOURCES, ID, INCOME, INCOME GROWTH, INCOME LEVELS, INCOME TAXES, INDUSTRIAL DEVELOPMENT, INDUSTRIAL PRODUCTION, INDUSTRIALIZATION, INFORMATION TECHNOLOGY, INNOVATION, INSPECTIONS, INSTITUTION, INSTRUMENT, INSURANCE, INTEREST RATES, INTERNAL CAPABILITIES, INTERNATIONAL COMPANIES, INTERNATIONAL COMPETITIVENESS, INTERNATIONAL MARKET, INTERNATIONAL MARKETS, INTERNATIONAL STANDARDS, INVENTORY, INVESTING, INVESTMENT CLIMATE, INVESTMENT CLIMATE ASSESSMENT, INVESTMENT OPPORTUNITIES, JOB CREATION, JUDICIAL ENFORCEMENT, LABOR COSTS, LABOR FORCE, LACK OF COLLATERAL, LACK OF CREDIT, LAND AS COLLATERAL, LAND POLICY, LARGE BUSINESSES, LAWS, LEGAL ENVIRONMENT, LEGAL REFORM, LEGISLATION, LICENSE, LICENSES, LIQUIDITY, LOAN, LOCAL BUSINESSES, LOCAL ECONOMY, LOCAL ENTERPRISES, LOCAL MARKET, LOW COST, MACROECONOMIC INSTABILITY, MANUFACTURING, MARKET ACCESS, MARKET FAILURE, MARKET INFORMATION, MARKET REQUIREMENTS, MARKETING, MATERIAL, MICRO ENTERPRISES, MICRO-FINANCE, MICRO-FINANCE INSTITUTIONS, MICROENTERPRISES, MIDDLE EAST, MIDDLEMAN, MIDDLEMEN, MONOPOLIES, MORTGAGE, MORTGAGE FINANCE, MORTGAGES, MOVEMENT OF GOODS, NATURAL RESOURCES, NET WORTH, NEW MARKET, NEW MARKETS, NEW TECHNOLOGIES, NORTH AFRICA, OPEN ACCESS, OPEN ECONOMIES, OPEN MARKETS, OPERATING COSTS, OPERATING LEASES, PER CAPITA INCOMES, POLITICAL RISK, POTENTIAL INVESTORS, PRIVATE BANKS, PRIVATE INVESTMENT, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTORS, PRODUCT SPECIFICATIONS, PRODUCTION COSTS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROFITABLE INVESTMENT, PROTOCOL, PUBLIC ADMINISTRATION, REAL ESTATE, REGISTRY, REGULATORY FRAMEWORK, RELATED COST, RELIABILITY, REMITTANCES, REPAYMENT, REPAYMENT RATES, RESULT, RESULTS, RETAIL TRADE, RETURN, RETURNS, RISK AVERSE, SALE, SALES, SECURITIES, SECURITIES EXCHANGE, SENIOR, SETTLEMENT, SKILLED WORKERS, SMALLER FIRMS, SOURCE OF INFORMATION, STOCKS, STRUCTURAL CHANGE, SUPERVISION, TARIFF BARRIERS, TAX, TAX ADMINISTRATION, TECHNICAL EXPERTISE, TECHNICAL EXPERTS, TELECOMMUNICATIONS, TOTAL COST, TOTAL COSTS, TRADE DEFICIT, TRADE FINANCE, TRADE FLOWS, TRADING, TRADING SYSTEM, TRANSACTION, TRANSACTION COSTS, TRANSPORT, USES, VALUE ADDED, WAGE, WAGES, WORK EXPERIENCE, WORLD MARKET, WORLD TRADE, WORLD TRADE ORGANIZATION, WTO