Reconstruction of the Palestinian economy requires not only substantial foreign aid, but also renewed
development efforts to link emergency relief interventions with long-term development objectives.
At the same time, the foundations must be laid for Palestinian sovereignty and statehood. In this policy
brief, UNCTAD advocates a multi-pronged recovery strategy focused on rebuilding the economy’s
productive capacity. It argues that to be successful, development policies in the Palestinian context will
have to deviate from economic orthodoxy, favouring growth through investment in higher productivity
over trade-led liberalization. Aid effectiveness will have to be improved as well in order to ensure
greater investment in crucial infrastructure and a vibrant private sector, avoid perpetuating aid
dependency, and bring about a genuine structural transformation of the economy.
To download the full report please click below:
Attachment | Size |
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presspb20095_en.pdf | 815.78 KB |
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