ABSTRACT

This book aims to set the intense political debates on one side in order to do some serious economic analysis. It assumes that a sovereign independent Palestinian state comes into existence in the West Bank and Gaza Strip, and proceeds to examine the economic policies and institutional reforms which would be appropriate for it. Key recommendations are that such a state should:
* adopt a non-discriminatory trade regime
* introduce a new currency with a currency board and later a hard peg to the euro
* establish a new type of pension scheme combining universal and work-based elements
* adopt an economic strategy geared to the modern knowledge-based global economy and based on the identification of clusters, and
* take a forward-looking approach to the compensation of refugees which relates compensation to the cost of absorbing returning refugees in a viable and growing economy.
Budgetary policy, corporate governance, financial sector reform and foreign aid strategy are also discussed, and an incomplete contracts model of integration is presented.
The contributors are internationally respected economists from a variety of countries and perspectives. Their analysis should be accessible and relevant to readers of many kinds, from students and academics involved with development economics, politics, and international relations through to policy-makers and those with a general interest in the Middle East.

part 1|5 pages

Introduction

chapter |3 pages

Outline of the book

chapter |1 pages

Notes

chapter |2 pages

References

chapter |5 pages

Discussion

chapter 3|21 pages

Alternative currency arrangements

part |3 pages

Discussion

chapter |1 pages

Notes

chapter |9 pages

The Palestinian Authority’s budget

chapter |1 pages

Summary and conclusion

chapter |2 pages

Notes

chapter |2 pages

References

chapter |3 pages

Discussion

chapter 1|2 pages

Introduction

chapter |5 pages

Commercial banks

chapter |3 pages

The Equity market

chapter |2 pages

The informal financial sector

chapter |1 pages

Notes

chapter |1 pages

References

chapter |4 pages

Discussion

chapter |3 pages

Discussion

chapter |2 pages

Discussion

chapter |2 pages

Discussion

chapter |3 pages

Discussion

chapter 9|22 pages

Foreign aid strategy

chapter |5 pages

Discussion

chapter |2 pages

Discussion

chapter |4 pages

Discussion

chapter 1|2 pages

Introduction

chapter |1 pages

Some history of the Gaza port

chapter |3 pages

The model

chapter |2 pages

Conclusions

chapter |1 pages

Notes

chapter |3 pages

Discussion