Palestinians Need Access

More than half the land in the West Bank, much of it agricultural and resource rich, is inaccessible to Palestinians, because of Israeli security restrictions. The first comprehensive study of the potential economic impact of this “restricted land,” released by the World Bank on Oct. 8, sets the current loss to the Palestinian economy at about $3.4 billion. With growth of approximately 6 percent annually needed to absorb new entrants to the labor market, let alone make a dent in the soaring rate of youth unemployment, urgent attention is needed to find ways to grow the West Bank economy and create jobs, according to the World Bank.

The Palestinian economy, which currently relies on donor-financed consumption and suffers from ongoing stagnation of the private sector, is unsustainable, World Bank analysts argue. The report estimates that if businesses and farms were permitted to develop in Area C, under Israeli control, this would add as much as 35 percent to the Palestinian gross domestic product.

Advertisement
Comments are automatically closed two weeks after an article's initial publication. See our comments policy for more.

Advertisement

The latest from america

Often, we have a tendency to privilege emotional moments over the more intellectual ones in our spiritual life.
James Martin, S.J.August 20, 2018
Photo by Jonathan Simcoe on Unsplash
Most people just don’t know that their pondering about life, about what really matters, is called theology.
Pope Francis issued a letter to Catholics around the world Monday condemning the "crime" of priestly sexual abuse and its cover-up and demanding accountability.
Bishop Lawrence T. Persico of Erie, Pa., speaks during a meeting in late January at the headquarters of U.S. Conference of Catholic Bishops in Washington. (CNS photo/Tyler Orsburn)
“I think we need complete transparency if we’re going to get the trust of the people back,” said Erie Bishop Lawrence T. Persico.