Development Under Adversity: The Palestinian Economy in Transition

Overview

"War, border closures, violence, and unemployment have hampered the Palestinian economy for over a decade. Despite these obstacles and setbacks, the future outlook is optimistic."

Based on the research of the Palestine Economic Policy Research Institute (MAS), the World Bank, and other organizations, 'Development Under Adversity' reviews the development of the Palestinian economy since the 1993 Declaration of Principles.

The Palestinian economy has enormous potential. Its ...

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Overview

"War, border closures, violence, and unemployment have hampered the Palestinian economy for over a decade. Despite these obstacles and setbacks, the future outlook is optimistic."

Based on the research of the Palestine Economic Policy Research Institute (MAS), the World Bank, and other organizations, 'Development Under Adversity' reviews the development of the Palestinian economy since the 1993 Declaration of Principles.

The Palestinian economy has enormous potential. Its general development indicators, including life expectancy, literacy, and child mortality rates, are among the best in the Middle East and North Africa. The book identifies the conditions under which the Palestinian economy can grow. They include trade channels that reduce the economy's reliance on Israel; the creation of a more efficient civil service; more investment-oriented public expenditure; and more resourceful support from NGOs in the delivery of health, education, welfare, and infrastructure services.

'Development Under Adversity' provides historical background, an objective examination of recent economic and political developments, and a comprehensive analysis of the contribution that the donor community can make toward alleviating poverty. Throughout its analysis, the book focuses on the human consequences of economic uncertainty. It studies the social and household costs of border closures, and includes complete chapters about the education and health sectors. The result is a book that will be relevant to a wide range of institutional and private lenders, as well as to anyone with a general interest in the well-being and future of the Palestinian economy.

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Product Details

  • ISBN-13: 9780821344187
  • Publisher: World Bank Publications
  • Publication date: 4/1/1999
  • Series: Other World Bank Bks.
  • Pages: 256
  • Lexile: 1420L (what's this?)
  • Product dimensions: 6.17 (w) x 9.25 (h) x 0.64 (d)

Table of Contents

List of Figures, Tables and Boxes
Foreword
Foreword
Acknowledgments
Definitions and Terms
Ch. 1 Introduction and Background 1
Pt. I Recent Developments: New Constraints and Frustrated Developments 15
Ch. 2 Worsening Economic Outcomes Since 1994 Despite Elements of Improvement 17
Ch. 3 Recent Political Developments 33
Ch. 4 The Harsh Reality of Closure 45
Pt. II Policies for Growth and Job Creation under Adverse Conditions 67
Ch. 5 Private Investment 69
Ch. 6 International Economic Relations: Access, Trade Regime, and Development Strategy 84
Ch. 7 Financial Intermediation 97
Ch. 8 Fiscal Management 110
Ch. 9 Shocks and Stabilization 128
Ch. 10 Donor Assistance 143
Pt. III Building the Enabling Environment for Long-term Growth 155
Ch. 11 Improving the Education System 157
Ch. 12 Managing the Growth of the Health Sector 170
Ch. 13 Infrastructure for Growth 181
Annex 195
Bibliography 225
Index 235
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