The Economics of Palestine (Routledge Studies in Development Economics) - Softcover

Book 27 of 173: Routledge Studies in Development Economics
 
9780415649148: The Economics of Palestine (Routledge Studies in Development Economics)

Synopsis

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.

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About the Author

David Cobham is Reader in Economics at the University of St. Andrews, Scotland.
Nu'man Kanafani is Associate Professor at the Royal Veterinary and Agricultural University in Copenhagen, Denmark.

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Other Popular Editions of the Same Title

9780415327619: The Economics of Palestine: Economic Policy and Institutional Reform for a Viable Palestine State (Routledge Studies in Development Economics)

Featured Edition

ISBN 10:  041532761X ISBN 13:  9780415327619
Publisher: Routledge, 2004
Hardcover