Search results

This book documents and explains the development of the Palestinian economy in the West Bank and the Gaza Strip since 1967: macroeconomic profile, the labor market, trade relations, the public sector, the monetary sector, the industrial structure, prospects for the future (simulation and analysis of alternative scenarios). The main thesis is that the peculiar integration of the Israeli and Palestinian labor markets, coupled with the low levels of productive investment in the Palestinian economy led to a distorted industrial structure in which manufacturing as well as other economic activities failed to develop sufficiently. The stagnation of the public sector further contributed to the distorted structure. Appendix: Paris Protocol on Economic Relations. (DÜI-Hns)