Stagnation or Revival? : Palestinian Economic Prospects

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作者：

World Bank

来源地址：

http://hdl.handle.net/10986/27153

关键词：

ACCESS TO RESOURCES;  ADMINISTRATIVE REFORM;  AGRICULTURAL SECTOR;  ANTI-MONEY LAUNDERING;  ARREARS;  ARREARS ACCUMULATION;  BANK BORROWING;  BANKING SECTOR;  BANKS;  BUDGET EXECUTION;  BUSINESS CONFIDENCE;  CAPITAL EXPENDITURES;  CAPITAL GAINS;  CAPITAL INVESTMENTS;  CASH TRANSFER;  CENTRAL BANK;  CIVIL SERVICE;  CONSUMER PRICE INDEX;  COST OF LIVING;  CREDIBILITY;  DEBT;  DEPOSIT;  DEPOSIT INSURANCE;  DOMESTIC BANK;  DOMESTIC BANKING;  DOMESTIC BORROWING;  DOMESTIC DEBT;  DONOR FUNDING;  DONOR SUPPORT;  ECONOMIC ACTIVITY;  ECONOMIC DEVELOPMENTS;  ECONOMIC GROWTH;  ECONOMIC RECOVERY;  ECONOMIC SITUATION;  ELECTRICITY;  EMPLOYER;  EMPLOYMENT;  ENVIRONMENTAL;  EQUIPMENT;  EQUITIES;  EXCHANGE RATE;  EXCLUSION;  EXPENDITURE;  EXTERNAL FINANCING;  FEE COLLECTION;  FINANCIAL INSTITUTIONS;  FINANCIAL INTERMEDIATION;  FINANCIAL MANAGEMENT;  FINANCIAL STATEMENTS;  FINANCIAL SUPPORT;  FINANCING REQUIREMENTS;  FISHING;  FORMAL BANKING;  GROSS DOMESTIC PRODUCT;  HIGH UNEMPLOYMENT;  HOUSEHOLDS;  HOUSING;  INCOME TAX;  INFORMATION TECHNOLOGY;  INFRASTRUCTURE INVESTMENT;  INFRASTRUCTURE INVESTMENTS;  INSTITUTIONAL DEVELOPMENT;  INSTITUTIONAL REFORMS;  INVESTMENT CLIMATE;  INVESTOR CONFIDENCE;  JOB CREATION;  LABOR FORCE;  LABOR FORCE PARTICIPATION;  LABOR FORCE SURVEY;  LAND ADMINISTRATION;  LAND REGISTRATION;  LAND VALUE;  LAWS;  LEGISLATION;  LEGISLATIVE FRAMEWORK;  LOCAL BANKS;  LOCAL GOVERNMENTS;  MANDATES;  MERCHANTS;  MINISTRIES OF FINANCE;  MOBILE PHONES;  MONETARY AUTHORITY;  MONETARY FUND;  MUNICIPALITIES;  NATURAL RESOURCES;  NET ASSETS;  NONPERFORMING LOANS;  OPERATING EXPENDITURES;  OUTSTANDING CREDIT;  PAYMENT SYSTEM;  PENSION;  PENSION SYSTEM;  PENSIONS;  POLICY MAKERS;  POLLUTION;  PORTFOLIO;  PORTFOLIOS;  POTENTIAL INVESTORS;  PRIVATE SECTOR;  PRODUCTIVITY;  PRODUCTIVITY GROWTH;  PROPERTY TAX;  PROVISIONS;  PUBLIC;  PUBLIC FINANCE;  PUBLIC FINANCE MANAGEMENT;  PUBLIC SECTOR;  PUBLIC SERVICES;  REAL ESTATE;  RECEIPTS;  RECURRENT BUDGET DEFICIT;  RECURRENT DEFICIT;  RECURRENT EXPENDITURES;  RECYCLING;  REGISTRATION FEE;  REGULATORY FRAMEWORK;  RESERVE;  RESERVE REQUIREMENTS;  RESERVES;  RESTRICTIONS ON ENTRY;  RETURNS;  RISK MANAGEMENT;  RISK MANAGEMENT SYSTEM;  ROADS;  RURAL COMMUNITIES;  SAVINGS;  SECURITIES;  SECURITIES EXCHANGE;  SEWAGE;  STOCKS;  STREAMS;  SUSTAINABLE GROWTH;  TAX;  TAX ADMINISTRATION;  TAX COLLECTION;  TAX COLLECTIONS;  TAX EXEMPTIONS;  TAX POLICY;  TAX RATE;  TAX REVENUES;  TAX SYSTEM;  TELECOMMUNICATIONS;  TRANSACTIONS LAW;  TRANSFER PAYMENT;  TRANSFER PAYMENTS;  TRANSPORT;  UNEMPLOYMENT;  UNEMPLOYMENT RATE;  UNEMPLOYMENT RATES;  UNION;  USER FEES;  WAGES;  WASTE MANAGEMENT;  WATER SUPPLY;  Report;  Rapport;  Informe; 

年份：

2012

出版地：

Washington,USA

语种：

English

摘要：

This report begins by documenting the Palestinian Authority's (PA's) ongoing fiscal crisis that threatens its ability to provide basic services to the population. In 2011, the PA required about US$1.5 billion dollars in budget support, of which US$200 million to cover development expenses not funded directly by donors. However, it only received about US$814 million in budget support and US$169 million in development financing, for a total of US$983 million. Ultimately, the PA can only hope to achieve fiscal sustainability through a combination of sustained private sector growth and continued internal reforms. Robust private sector growth is necessary for the PA to generate the revenues needed to sustain service delivery. Yet the private sector remains stifled as a result of Israeli restrictions on access to natural resources and markets. The West Bank has experienced a slowdown in economic growth in 2011, combined with double-digit growth in Gaza. The recovery in Gaza can be attributed to a combination of aid inflows and easing of restrictions on entry of goods from Israel-though it is important to keep in mind that the average Gaza today is worse off than s/he was back in the late nineties. The recent growth in Gaza is also driven largely by a boom in the construction sector, and Gaza infrastructure exhibits such gaps and disrepair that major investments are necessary and would generate important employment as well as future growth. The slowdown in growth in the West Bank, on the other hand, is the result of falling donor support, uncertainty caused by the PA's fiscal crisis, and lack of significant new easing of restrictions by the Government of Israel (GoI).