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Macroeconomists for the Poor

Area C: An Untapped Resource that Could Turnaround the Palestinian Economy

Orhan Niksic's picture
Also available in: Français | العربية
 Arne Hoel

The Palestinian economy is stalling. Growth dropped sharply in 2013, unemployment is on the rise, and tax revenues for the Palestinian authority are falling significantly short of what is needed to finance even recurrent expenditures. That’s the bad news that many are well aware of. There is however a potential source of good news that currently lies dormant, but if tapped could both stimulate growth and transform the Palestinian economy.

Spillovers from the Syrian Crisis Stretching Lebanon to the Breaking Point

Eric Le Borgne's picture
Also available in: العربية | Français

Daily Star/Mohammad Azakir

The conflict in Syria, raging into its third year, is devastating the country’s population, economy, and infrastructure.  The impact on neighboring countries, while less visible in the media, is nonetheless real and growing rapidly. At the request of Lebanon’s caretaker Prime Minister Najib Mikati, the World Bank, in collaboration with the United Nations, the European Union, and the International Monetary Fund, undertook an Economic and Social Impact (ESIA) Assessment of the Syrian conflict on Lebanon. The report, available here, was presented to the newly formed   International Support Group to Lebanon (ISG) at its inaugural meeting on the sidelines of the recent United Nations General Assembly.