From: Jack White, CEO jewishwikipedia.info
Title Palestinian Refugees
A SUSTAINABLE RECOVERY IN GAZA IS NOT FORESEEN WITHOUT TRADE
Gaza has seen conditions steadily deteriorate over the last two decades, leading to collapsing of the economy and basic social services. While additional cash inflows are urgently needed to bring relief to the difficult living conditions, a lasting recovery depends on a concerted strategy to revive the Gaza economy through access to external markets and expansion of commercial activities………Recent economic data revealed a drop in Gaza growth from 8 percent in 2016 to a mere 0.5 percent in 2017 with almost half of the labor force unemployed. The drop is attributed to a decline in inflows that has weakened reconstruction activity and led to a sharp decline in the income of a quarter of Gazans.
WITH RIGHT ACTIONS, PALESTINIAN ECONOMIC GROWTH COULD RISE TO SEVEN PERCENT
JERUSALEM, September 12, 2017 – The World Bank released a report today that calls for a new vision for the Palestinian economy that can lift growth to an average of 7 percent per year. While recognizing the critical importance of a political settlement, the report argues that measures over the medium term can create new areas of economic activity, attract private investment, generate jobs and significantly improve living standards.
“Increased investment and more jobs would lead to improved living standards. Without a real change in policies, the report predicts an annual growth of just 2-3 percent on average, less than the pace of the population growth. However, bold efforts could attract investment, create jobs, and reverse the declining trend and reshape the economy,” said Marina Wes, World Bank Country Director for West Bank and Gaza.
The report uses an economic model of a ten-year time frame to estimate the impact on the Palestinian economy of addressing the constraints. By 2025, the economic and social payoff would be immense, translating into an annual growth rate of 6 percent in the West Bank and 8 percent in Gaza, resulting in the creation of 50 thousand jobs in the West Bank and 60 thousand in Gaza.
In 2018 the Palestinian problem still exists - after 70+ years of negotiation.
We have two options
1. Do not resolve it
The longer it is left the more people will suffer and the more difficult and expensive it will become to resolve it.
2. Resolve it
We have reached THE TIPPING POINT.
to understand where we are now and how we can go forward.