Gaza’s economy, March 2015. Confusing the facts
If you stand on a vantage point, near the Erez Crossing Post in Israel and then gaze over into Gaza, it is still possible to see streets of destruction in the northern part of the region. The war last...
View ArticleWhy the Palestinian treasury is empty – 4 questions
The Palestinian Economy Minister has resigned. The economy itself is reaching yet another crisis point, ostensibly because Israel has withheld nearly US$ 0.5 billion in excise taxes that it collected...
View ArticleIsrael’s 67 year old economy is a case study for its neighbours
The Palestinians cannot blame their economic woes on Israel, which thrives despite facing tough challenges
View ArticleListen to the World Bank tell the truth about Palestinian economy
The latest report from the World Bank on the Palestinian economy makes for depressing reading. With specific reference to Gaza since last summer’s war, there is barely one statistic of encouragement...
View ArticleUK’s wasted aid to the Palestinians. Better in a cardboard box?
According to official recordings of proceedings from Parliament in London on July 1st 2015: DFID (overseas aid – MH) is providing £349 million in support of Palestinian development from 2011-15 and...
View ArticleThe Palestinian economy — one big gas?
This week, a UN report suggested that “the social, health and security-related ramifications of the high population density and overcrowding are among the factors that may render Gaza unliveable by...
View ArticleThe surprise of the hidden Palestinian economy
As Palestinians and Israelis sink into another tragic round of reciprocal violence, the micro economies of each sector are also taking a direct hit. Small traders in the centre of Jerusalem or Nablus,...
View ArticleIs the violence in Jerusalem triggered by poverty?
The violence in the Holy Land reached a new level of horror last night. Until now, much of the Palestinian terror has been focused in the capital, Jerusalem. On this occasion, a young man ran amuck in...
View ArticleReporting the Palestinian economy – some good news
Reporting accurately on the Palestinian economy has never been easy. If you look carefully at the documents of the World Bank or the IMF, they often contain statements that the data collected from...
View ArticleJerusalem to Tel Aviv: How the anger shifted
If I normally write about business in Israel and primarily in Jerusalem, the events of this week force me to discuss what happened in Tel Aviv. Two young Palestinians, dressed up as Orthodox Jews,...
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