Impact of the Draft Company Law on the Private Sector in Palestine

Palestine Economic Policy Research Institute - December 31, 2008 - Back to Resources Page [1]

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The draft company law prepared by the Ministry of National Economy at
the beginning of 2008 caught the attention of many lawmakers, researches,
businessmen, and policy makers in public and private sectors. The draft
law is of great importance since it acts as an umbrella for other economic
laws, enhances the investment environment, and enforces competitiveness
in the Palestinian economy. This draft follows several attempts to issue a
modern company law that unifies the current company laws in the West
Bank and Gaza Strip and takes into consideration the political and
economic developments in the local, regional, global environment.
The aim of this study is to analyze the draft company law and assess its
impact on conduct, performance and competitiveness of Palestinian
companies. It uses economic analysis to review the performance of the
private sector, whilst taking into account the unique nature of the
Palestinian economy and the prevailing political-economic conditions in
Palestine. The study is of special importance at this particular time as it
may contribute to the development of the draft law and help achieve the
law's desired objective of promoting domestic and foreign investment, and
enhancing the competitiveness of the private sector in Palestine.

This study is undertaken by the Palestine Economic Research Institute
(MAS) under the fourth and final phase of "enhancing the competitiveness
of private sector" program, which is funded generously by the
International Development Research Centre (IDRC), Canada. I would like
to sincerely thank IDRC for funding this series of studies. I would also like
to thank all those who cooperated with us in this study, especially the
Ministry of National Economy who provided us with the draft law, the
experts whom we interviewed, the participants at the workshop during
which the study was presented and discussed, and the reviewers of the first
draft of the study, whose input was hugely beneficial. Finally, I would also
like to thank the research team for their efforts to produce such a valuable
paper.

To download the full report please click below:

Attachment	Size
impact of the draft company law.pdf [2]	107.63 KB

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Palestine Economic Policy Research Institute - December 31, 2008 - Back to Resources Page [1]