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This is the first report to systematically evaluate and quantify the economic potential of Area C, which constitutes approximately 61 percent of the West Bank. The report reveals that lifting the restrictions on economic activity in Area C could have a large positive impact on Palestinian GDP, public finances, and employment prospects. Among other things, access to economic activity in Area C is expected to be a key prerequisite for building a sustainable Palestinian economy. However, full potential of the Area C could be materialized only if other restrictions on free movement of goods, labor and capital are removed and the overall business environment in Palestinian territories has become ...
The short term economic outlook for the Middle East and North Africa (MENA) region remains “cautiously pessimistic†?. A combination of civil wars and refugee inflows, terrorist attacks, cheap oil, and subdued global economic recovery is expected to keep average growth in the MENA region around 3 percent in 2016, for the fourth year in a row. Furthermore, the humanitarian and economic situation in the war torn countries keep deteriorating. In this report we will explore ways in which a strategy of reconstruction of Syria—the most war-ravaged country in the region—could help foster a sustainable peace. This report argues that the impact of the civil war on the Syrian society will be persistent, and the challenges facing the country need to be addressed now. The report calls for the international community to be the guarantor of an inclusive reconstruction strategy that not only makes peace sustainable tomorrow, but makes it happen today: peace and reconstruction are two sides of the same coin.
The economic outlook for the Middle East and North Africa (MENA) region in 2015 is slightly more favorable than in 2013-14, when the region as a whole grew at 3 percent a year. The World Bank group’s latest MENA Economic Monitor projects MENA’s economic growth to average 5.2 percent in 2015 driven by domestic consumption, easing political tensions crowding-in investments in Egypt and Tunisia, and full resumption of oil production in Libya. However the violent conflicts in Syria, Iraq, Gaza, Yemen and Libya with their spillovers to Lebanon and Jordan could make MENA’s economic prospects bleak. The report has a special focus on the corrosive nature of the large energy subsidies in MENA. The MENA region is currently experiencing growth below potential, high unemployment, urban air pollution and congestion, and severe water scarcity that is undermining agriculture. The report shows how energy subsidies have contributed to these development challenges. Reforming these subsidies, therefore, should be one of the highest priorities of policymakers.
This book explores the political economy of Palestine through critical, interdisciplinary, and decolonial perspectives, underscoring that an approach to economics that does not consider the political—a de-politicized economics—is inadequate to understanding the situation in occupied Palestine. A critical interdisciplinary approach to political economy challenges prevailing neoliberal logics and structures that reproduce racial capitalism, and explores how the political economy of occupied Palestine is shaped by processes of accumulation by exploitation and dispossession from both Israel and global business, as well as from Palestinian elites. A decolonial approach to Palestinian politica...
A writer's travels along the legendary yet contested Jordan River--exploring the long conflict over water supply Access to water has played a pivotal role in the Israel-Palestine dispute. Israel has diverted the River Jordan via pipes and canals to build a successful modern state. But this has been at the expense of the region's cohabitants. Gaza is now so water-stressed that the United Nations has warned it could soon become uninhabitable; its traditional water source has been ruined by years of over-extraction and mismanagement, the effects exacerbated by years of crippling blockade. Award-winning author and journalist James Fergusson travels to every corner of Israel and Palestine telling the story of the River Jordan and the fierce competition for water. Along the way, he meets farmers, officials, soldiers, refugees, settlers, rioting youth, religious zealots, water experts, and engineers on both sides of the Green Line. Fergusson gives voice to the fears and aspirations of the region's inhabitants and highlights the centrality of water in negotiating future peace.
Based on extensive field research interviews and participant observation undertaken across several sites in Nablus and the surrounding area, it provides a bottom-up interpretation of the Palestinian Authority's agenda and challenges the popular interpretation that its governance represents the only realistic path to Palestinian independence. As the first major account of the Palestinian Authority's political agenda since the collapse of the unity government, this book offers a unique explanation for the failure to bring a Palestinian state into being and challenges assumptions within the existing literature.
The Armed Conflict Survey is the annual review of the political, military and humanitarian dimensions of all active conflicts from the International Institute for Strategic Studies. It offers in-depth analysis of the drivers, dynamics and impact of 33 current wars along with detailed information on conflict parties and more than 60 full-colour maps and infographics. The Armed Conflict Survey is an essential resource for those involved in security policymaking, and an indispensable handbook for anyone conducting serious analysis of armed conflict. Key features · Essays on global trends in armed conflict with a focus on armed groups and their increasingly horizontal structures, adaptability a...
The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing economies has lost momentum. Downside risks have become more acute and include the possibility of disorderly financial market movements and an escalation of trade disputes. Debt vulnerabilities in emerging market and developing economies, particularly low-income countries, have increased. More frequent severe weather events would raise the possibility of large swings in international food prices, which could deepen poverty. In this difficult environment, it is of paramount importance for emerging market and developing economies to rebuild policy buffers while laying a stronger foundation for future growth by boosting human capital, promoting trade integration, and addressing the challenges associated with informality,
The global economy is in a broad-based cyclical recovery. Investment, manufacturing and trade are on the rebound. Financing conditions are benign, monetary policies are generally accommodative, and the worst impacts of the recent commodity price collapse have begun to dissipate. However, the global economic outlook remains clouded by a number of risks. These include the possibility of financial market disruptions, rising protectionist sentiment, and heightened geopolitical tensions. Of particular concern is evidence of subdued productivity and slowing potential growth. In addition to discussing global and regional economic developments and prospects, this edition of Global Economic Prospects...
Global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving, international financing conditions remain benign, and commodity prices are stabilizing. Growth in emerging market and developing economies (EMDEs) is set to recover, as obstacles to growth in commodity exporters diminish, while activity in commodity importers remains robust. Risks to the global outlook remain tilted to the downside. These include increased trade protectionism, elevated economic policy uncertainty, the possibility of financial market disruptions, and, over the longer term, weaker potential growth. A policy priority for EMDEs is to rebuild monetary and fiscal space ...