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Title West Bank and Gaza Strip : economic developments in the five years since Oslo / Patricia Alonso-Gamo, Max Alier, Thomas Baunsgaard, Ulric Erickson von Allmen.
Imprint [Washington, D.C.] : International Monetary Fund, 1999.
©1999.

Subject Fiscal policy -- West Bank.
Fiscal policy -- Gaza Strip.
Banks and banking -- West Bank.
Banks and banking -- Gaza Strip.
Infrastructure (Economics) -- West Bank.
Infrastructure (Economics) -- Gaza Strip.
West Bank -- Economic conditions.
Gaza Strip -- Economic conditions.
Alt Name Alonso-Gamo, Patricia,
Alier, M. (Max),
Baunsgaard, Thomas,
Allmen, Ulric Eriksson von,
International Monetary Fund. Middle Eastern Department.
International Monetary Fund,
Description 1 online resource (viii, 86 pages) : illustrations
polychrome rdacc
Bibliography Note Includes bibliographical references (pages 85-86).
Summary The Declaration of Principles of 1993 and the Interim Agreement of 1995 between the government of Israel and the Palestine Liberation Organization (PLO) presented the Palestinian people with new opportunities and significant challenges. There was widespread optimism that the economy would begin to grow and living standards improve in the West Bank and Gaza. A Palestinian administration - the Palestinian Authority (PA) - was expected to adopt policies favorable to local economic development, and public sector services and infrastructure would improve with the generous support of donor countries. The fundamental task of the PA was the provision of basic public services to improve living conditions and to enhance the economy's human capital. Moreover, the PA needed to create an environment conducive to economic growth. This required embarking on an ambitious public investment program to meet the economy's significant infrastructure needs, pursuing sound macroeconomic policies, and developing institutions in support of a market economy that would encourage private investment and foster growth. In sum, a favorable economic environment supported in part by the newly reemerging financial sector was expected to develop in a climate characterized by cooperative relations between Israel and the PA.
Note Print version record.
Contents 5. Donor Assistance and the Public Investment ProgramIntroduction -- Donor Assistance -- The Role of Public Investment -- Development Planning -- Future Prospects and Challenges -- 6. The Palestinian Labor Market Since Oslo -- Introduction -- The Palestinian Labor Force -- The Unemployment Problem -- Employment of Palestinians in Israel -- Public Sector Employment -- Future Prospects and Challenges -- 7. Social Issues and Social Expenditure -- Introduction -- Household Income and Expenditure -- General Socioeconomic Conditions
Contents -- Preface -- Definition of Acronyms -- 1. Overview -- 2. Economic Developments in 1994-98 -- Introduction -- Overall Macroeconomic Developments -- Factors Explaining the Poor Economic Performance -- Conclusion -- 3. Fiscal Developments Since Oslo and Future Challenges -- Introduction -- Fiscal Developments -- Progress in Institution Building -- The Challenges Ahead -- 4. The Reemerging Banking Sector -- Introduction -- Growth of the Banking System -- The Role of the PMA and the Banking System in Economic Development
Implications for Social ExpenditureFuture Prospects and Challenges -- 8. Medium-Term Economic Prospects: Could the Future Be Brighter? -- Introduction -- The Challenge from Demographic Trends -- An Illustrative Medium-Term Scenario -- Factors for Higher Medium-Term Growth -- Conclusion -- Annex: Pension Issues -- Boxes -- Figures -- Tables -- References
Note English.
ISBN 9781455276943 (electronic bk.)
1455276944 (electronic bk.)
9781455280049
1455280046
1462371329
9781462371327
1283534495
9781283534499
9786613846945
6613846945
1557758271
9781557758279
ISBN/ISSN 10.5089/9781455276943.071
Publisher # MWT11390523
OCLC # 793204120
Additional Format Print version: West Bank and Gaza Strip. Washington, DC : International Monetary Fund, 1999 1557758271 (DLC) 00268497 (OCoLC)42871494.


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