Publication:
Unlocking the Trade Potential of the Palestinian Economy: Immediate Measures and a Long-Term Vision to Improve Palestinian Trade and Economic Outcomes

Simple item page
dc.contributor.authorWorld Bank Group
dc.date.accessioned2017-12-19T22:56:03Z
dc.date.available2017-12-19T22:56:03Z
dc.date.issued2017
dc.description.abstractThe Palestinian economy is severely hampered by trade-related restrictions, high logistics costs, cumbersome procedures and institutional inefficiencies. Operating within an uneven customs union arrangement with Israel, the Palestinian economy has accumulated an enormous trade deficit and overdependence on Israel’s economy and has neither could develop dynamic export-oriented sectors nor to tap into larger and more competitive third markets. Over the years, this situation has contributed to slow growth, high unemployment, and stubborn persistence of poverty in the Palestinian economy. A bold reform agenda is urgently required to improve the Palestinian economy’s trade outcomes. Immediate steps should be taken to reduce the burden of existing trade-related restrictions and transaction costs. The Palestinian economy should also begin the transition toward an autonomous trade regime, and can exercise control over its own customs territory, in line with its long-term economic interest. It should retain an open trade regime and develop its links with overseas markets. The economic relationship with Israel should be recast in a manner that is comprehensive and exploits the large synergies that exist between the two economies. Such a course will provide the Palestinian Authority with some of the tools and incentives to undertake far-reaching structural reforms. The reform agenda will neither be a simple endeavor nor will it alone determine the success or failure of the Palestinian economy. This note proposes ideas that could, in the fullness of time, and with the assistance of international donors help overcome existing dysfunctions and improve trade-related economic outcomes in the Palestinian economy.en
dc.identifierhttp://documents.worldbank.org/curated/en/960071513228856631/Unlocking-the-trade-potential-of-the-Palestinian-economy-immediate-measures-and-a-long-term-vision-to-improve-Palestinian-trade-and-economic-outcomes
dc.identifier.doi10.1596/29057
dc.identifier.urihttps://hdl.handle.net/10986/29057
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectTRADE POLICY
dc.subjectLOGISTICS
dc.subjectEXPORT COMPETITIVENESS
dc.subjectPOVERTY
dc.titleUnlocking the Trade Potential of the Palestinian Economyen
dc.title.subtitleImmediate Measures and a Long-Term Vision to Improve Palestinian Trade and Economic Outcomesen
dc.typePolicy Noteen
dc.typeDocument de politique généralefr
dc.typeDocumento de políticases
dspace.entity.typePublication
okr.crossref.titleUnlocking the Trade Potential of the Palestinian Economy
okr.date.disclosure2017-12-14
okr.doctypeEconomic & Sector Work::Policy Notes
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/960071513228856631/Unlocking-the-trade-potential-of-the-Palestinian-economy-immediate-measures-and-a-long-term-vision-to-improve-Palestinian-trade-and-economic-outcomes
okr.guid960071513228856631
okr.identifier.doi10.1596/29057
okr.identifier.externaldocumentum090224b0854477b5_2_0
okr.identifier.internaldocumentum29268511
okr.identifier.reportACS22471
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/960071513228856631/pdf/ACS22471-REVISED-Palestine-Trade-Note-Web.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryWest Bank and Gaza
okr.themeTrade and integration :: Export development and competitiveness
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::Trade Facilitation
okr.topicInternational Economics and Trade::Trade Finance and Investment
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Trade and Multilateral Issues
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.unitT&C GP-MENA - IBRD (GTC05)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
ACS22471-REVISED-Palestine-Trade-Note-Web.pdf
Size:
2.73 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
ACS22471-REVISED-Palestine-Trade-Note-Web.txt
Size:
393.08 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Notes