Palestinian Economic Prospects
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Washington, DC
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In its report to the September 22, 2008
meeting of the Ad Hoc Liaison Committee (AHLC), the World
Bank noted that the Palestinian Authority (PA), Israel, and
the international donor community made some progress on the
three parallel conditions for Palestinian economic revival,
albeit to different degrees. The report notes the dramatic
impact of Israel s recent three-week offensive in Gaza and
analyzes the variety of recovery and reconstruction schemes
being explored by the donor community. We find that these
have not yet led to any significant impact on the ground due
to the continued closure imposed on Gaza. The devastation in
Gaza, coupled with a fluid political environment in both the
PA and Israel, has made it necessary for this report to
revisit the fundamentals of donor support to the PA in view
of the long-term goal of establishing an economically viable
Palestinian state independent of external aid. Examination
through this lens reveals a fundamentally flawed picture.
Palabras clave
ACCESS TO EMPLOYMENT, ACCESS TO RESOURCES, ACCOUNTABILITY, ACCOUNTING, ADMINISTRATIVE BARRIERS, ADMINISTRATIVE CONTROL, AGRICULTURAL OUTPUT, ANTI-MONEY LAUNDERING, AQUIFERS, ARREARS, ARREARS ACCUMULATION, AUDITS, BANK ACCOUNTS, BANK PROFITABILITY, BANKING SECTOR, BANKING SERVICES, BANKING SYSTEM, BANKS, BENEFICIARIES, BORDER CROSSING, BORROWING, BRIDGE, BUDGET DEFICIT, BUDGET MANAGEMENT, BUDGETING, BUSINESS ASSOCIATIONS, CAPITAL EXPENDITURES, CAPITAL STOCK, CASH MANAGEMENT, CASH TRANSFERS, CASH WITHDRAWALS, CENTRAL BANK, COMMERCIAL BANKS, COMPLETE LISTING, CONSOLIDATION, CONSUMER PRICE INDEX, CORRUPTION, CPI, CROSSING, CROSSINGS, DEBT SERVICE, DEMOGRAPHIC GROWTH, DEPOSITS, DEVELOPMENT CENTER, DISABLED, DISBURSEMENT, DIVIDEND PAYMENT, DIVIDENDS, DIVISION OF LABOR, DOMESTIC DEBT, DONOR FUNDING, DONOR RESOURCES, DONOR SUPPORT, ECONOMIC ACTIVITY, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, ECONOMIC DEVELOPMENTS, ECONOMIC EFFECTS, ECONOMIC GROWTH, ECONOMIC INITIATIVES, ECONOMIC SITUATION, ECONOMIES OF SCALE, EMPLOYMENT, EMPLOYMENT OPPORTUNITIES, ENVIRONMENTAL, ENVIRONMENTAL MANAGEMENT, ENVIRONMENTAL QUALITY, EQUIPMENT, EXCHANGE RATE, EXPENDITURE, EXTERNAL FINANCING, FAMILIES, FARMS, FINANCES, FINANCIAL ASSISTANCE, FINANCIAL CRISIS, FINANCIAL MANAGEMENT, FINANCIAL RESOURCES, FINANCIAL SYSTEM, FINANCING NEED, FINANCING REQUIREMENTS, FISCAL DEFICIT, FISCAL POLICY, FISH, FISHING, FIXED COST, FOREIGN CURRENCIES, FORMAL BANKING, FORMAL BANKING SYSTEM, FUEL, FUEL COSTS, FUEL PRICES, GENDER, GENDER ISSUES, GENDER RELATIONS, GENDER ROLES, HISTORIC BUILDINGS, HOUSEHOLDS, HOUSING, HOUSING FINANCE, HUSBANDS, IMPLICIT SUBSIDIES, INCOME LEVEL, INFLATION, INFORMATION SHARING, INFORMATION TECHNOLOGIES, INFORMATION TECHNOLOGY, INFRASTRUCTURE PROJECTS, INJURY, INSTRUMENT, INTERNAL AUDIT, INTERNAL BARRIERS, INTERNAL CONTROLS, INTERNATIONAL FINANCIAL CRISIS, INTERNATIONAL MARKET, INTERNATIONAL STANDARDS, INVESTMENT CLIMATE, INVESTMENT FUND, ISLAMIC DEVELOPMENT BANK, KEY CHALLENGES, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR MARKET, LACK OF ACCESS, LAND ADMINISTRATION, LAND ADMINISTRATION SYSTEM, LAND REGISTRATION, LAND USE, LEGAL FRAMEWORK, LEGISLATION, LIQUIDITY, LIVING STANDARDS, LOCAL BUSINESS, LOCAL CAPACITIES, LOCAL ECONOMY, LOCAL GOVERNMENTS, LOCAL MARKETS, LONG-DISTANCE, MACROECONOMIC ENVIRONMENT, MONETARY AUTHORITY, MONETARY FUND, MONETARY STABILITY, MUNICIPAL DEVELOPMENT, MUNICIPALITIES, NATIONAL SECURITY, NATURAL RESOURCES, NUTRITION, PENSION, PETROLEUM PRODUCTS, PLEDGES, POLICY ENVIRONMENT, POLICY RESPONSES, POLITICAL UNCERTAINTY, PORTFOLIO, PRIVATE INVESTMENT, PRODUCTIVITY, PROFITABILITY, PROPERTY RIGHTS, PUBLIC DEBT, PUBLIC INVESTMENT, PUBLIC INVESTMENTS, PUBLIC WORKS, REBATES, RECEIPT, RECURRENT BUDGET DEFICIT, RECURRENT DEFICIT, RECURRENT EXPENDITURE, RECURRENT EXPENDITURES, REFUGEE, REMITTANCES, REPAYMENT, RESERVES, RESOURCE MANAGEMENT, RETURNS, ROAD, ROADS, ROUTE, ROUTES, SAFETY, SAFETY NETS, SANITATION, SETTLEMENT, SEWAGE, SOCIAL DEVELOPMENT, SOURCES OF INCOME, STOCKS, SUSTAINABLE GROWTH, TAX, TAX REVENUE, TELECOMMUNICATIONS, TRADE FACILITATION, TRAFFIC, TRANSACTION, TRANSACTION COSTS, TRANSPORT, TRANSPORT COSTS, TRANSPORTATION, TRANSPORTATION COSTS, TRANSPORTATION NETWORKS, TRUCKS, TRUE, TRUST FUNDS, UNEMPLOYMENT, UNION, VEHICLES, VILLAGES, VULNERABLE GROUPS, VULNERABLE PERSONS, WAGES, WATER SUPPLY, WEALTH, WITHDRAWAL