Tuesday, November 23, 2004
[IWS] World Bank: Palestinian Economic Crisis Reports [22 November 2004]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
Four Years  Intifada, Closures and Palestinian Economic Crisis: An Assessment [online 22 November 2004]
World Bank, October 2004
http://siteresources.worldbank.org/INTWESTBANKGAZA/Resources/wbgaza-4yrassessment.pdf
[full-text, 116 pages]
See also-
POVERTY IN THE WEST BANK AND GAZA AFTER THREE YEARS OF ECONOMIC CRISIS
http://siteresources.worldbank.org/INTWESTBANKGAZA/Resources/wbgaza-povertyaftereconcrisis.pdf
[full-text, 41 pages]
Press Release-
World Bank Report: Palestinian Economy Remains Stagnant After Four Years of Intifada [22 November 2004]
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20285216~menuPK:34463~pagePK:64003015~piPK:64003012~theSitePK:4607,00.html
WASHINGTON, November 22, 2004 -- Four years since the outbreak of the intifada in September 2000, the Palestinian economy continues to be mired in deep recession, according to a World Bank report released today.
The third in a series of reports that examine the impact of the socio-economic crisis in the West Bank and Gaza, Intifada, Closures and Palestinian Economic Crisis: An Assessment reveals that although the Palestinian economy recovered in 2003, this upturn is short-lived. The economy remains severely depressed compared with the pre-intifada period, with closures stifling economic activity and restricting the movement of people and goods.
...
According to the report, the living standards of Palestinians have dramatically declined. Despite economic stabilization in 2003, some 47 percent of Palestinians live below the poverty line. In a separate publication focusing on the 'poorest of the poor',* the World Bank notes that as many as 600,000 Palestinians cannot afford to meet their basic needs in food, clothing and shelter to survive. Facing what is known as subsistence poverty, this group - whose expenditures amount to less than $1.5 a day per person - has become increasingly vulnerable to economic shocks.
Intifada, Closures and Palestinian Economic Crisis: An Assessment points out that despite a modest and short-term increase in jobs in 2003, labor market indicators show an economy performing well below its potential. The unemployment rate stood at 25 percent in 2003, compared with 10 percent before the intifada. Young people in particular were hard hit - 37 percent were without jobs compared with 14 percent before the intifada.
AND MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
Four Years  Intifada, Closures and Palestinian Economic Crisis: An Assessment [online 22 November 2004]
World Bank, October 2004
http://siteresources.worldbank.org/INTWESTBANKGAZA/Resources/wbgaza-4yrassessment.pdf
[full-text, 116 pages]
See also-
POVERTY IN THE WEST BANK AND GAZA AFTER THREE YEARS OF ECONOMIC CRISIS
http://siteresources.worldbank.org/INTWESTBANKGAZA/Resources/wbgaza-povertyaftereconcrisis.pdf
[full-text, 41 pages]
Press Release-
World Bank Report: Palestinian Economy Remains Stagnant After Four Years of Intifada [22 November 2004]
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20285216~menuPK:34463~pagePK:64003015~piPK:64003012~theSitePK:4607,00.html
WASHINGTON, November 22, 2004 -- Four years since the outbreak of the intifada in September 2000, the Palestinian economy continues to be mired in deep recession, according to a World Bank report released today.
The third in a series of reports that examine the impact of the socio-economic crisis in the West Bank and Gaza, Intifada, Closures and Palestinian Economic Crisis: An Assessment reveals that although the Palestinian economy recovered in 2003, this upturn is short-lived. The economy remains severely depressed compared with the pre-intifada period, with closures stifling economic activity and restricting the movement of people and goods.
...
According to the report, the living standards of Palestinians have dramatically declined. Despite economic stabilization in 2003, some 47 percent of Palestinians live below the poverty line. In a separate publication focusing on the 'poorest of the poor',* the World Bank notes that as many as 600,000 Palestinians cannot afford to meet their basic needs in food, clothing and shelter to survive. Facing what is known as subsistence poverty, this group - whose expenditures amount to less than $1.5 a day per person - has become increasingly vulnerable to economic shocks.
Intifada, Closures and Palestinian Economic Crisis: An Assessment points out that despite a modest and short-term increase in jobs in 2003, labor market indicators show an economy performing well below its potential. The unemployment rate stood at 25 percent in 2003, compared with 10 percent before the intifada. Young people in particular were hard hit - 37 percent were without jobs compared with 14 percent before the intifada.
AND MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 6:32 AM
