1001. Special Policy Forum Report: Prospects for Palestinian Economic Reform
- Author:
- Maher Al-Masri
- Publication Date:
- 08-2002
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- The Palestinian economy has reached a situation like none it has ever experienced before. For several years leading up to 1999, average annual growth within the PA was estimated at 6.5 percent. Unemployment shrank to around 11.5 percent, poverty figures were on the decline, and, for the first time, the Palestinian economy was absorbing more Palestinian laborers than Israel. The economy might have been in an even better situation had trade and border conditions not been under strict Israeli control. Under such control, transported goods often had to be unloaded, checked, and reloaded, on top of several other impediments to the free flow of goods. Despite these impediments, however, the economy was progressing at a significant pace.
- Topic:
- Security, Religion, and Reform
- Political Geography:
- Middle East, Israel, Palestine, and Arabia