Report on UNCTAD Assistance to the Palestinian People: Developments in the Economy of the Occupied Palestinian Territory

By The United Nations Conference on Trade and Development (UNCTAD) (Posted Sep 02, 2010)

Economic Theory, FinancializationIsraelCommentary

 

Highlights:

2010: Palestinian economy far from recovery

The Palestinian economy held back by:

  • The enduring cost of Israeli military operation in Gaza
  • The closure policy in the West Bank
  • The siege of Gaza

A weakened tradable goods sector and an eroded productive base are at the heart of the Palestinian development bottleneck.

  • Rehabilitation of the Palestinian economy requires complete removal of all Israeli restrictions on the movement of Palestinian people and goods.
  • Without lifting the West Bank closures and ending the blockade on Gaza, the impact of donor aid and PA development efforts will continue to be minimal.

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For more information, see UNCTAD’s “The Assistance to the Palestinian People Unit” page.



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