Situated in the south of Jerusalem, the project benefits from one of the city’s most prestigious and desirable locales, nestled in a particularly attractive area between the Talpiot neighborhood and the green groves of Kibbutz Ramat Rachel.
The report makes the obligatory criticisms that Israeli restrictions significantly impact Palestinian’s ability to trade and remain the biggest impediment to investing because they create high uncertainty and risk, and that Palestinian goods have difficulty entering the Israeli market. But it ignores that this damage is also self-inflicted as these restrictions are due to Israel’s security needs as a defense against further Palestinian violence. The Report also says nothing about the climate of innovation in the Israeli culture, and how it has continually overcome adversity — factors that help explain the large disparity between the GDP per capita of Israelis and Palestinians.
How can the viability of the Palestinians be increased? Clearly, there are problems to be resolved besides the acute one of differences between the Fatah control of the West Bank and the Hamas rule of Gaza since 2007.
If the Palestinian narrative has gained some resonance in the political realm, the PA has lacked competence in economic matters and not been devoid of corruption. It could try to build a better business and investment environment by reforming the legal system, especially relating to land, now composed of a disparate group of layers of Ottoman, British Mandate, Jordanian, Egyptian, Palestinian laws which differ between Gaza and the West Bank, and Israeli military concerns. Although the report speaks of the well educated, entrepreneurial population in the West Bank, it is apparent that the skill level of Palestinian workers needs to be improved by more emphasis on cognitive and behavioral skills, such as discipline and work effort.
Most importantly, and not sufficiently stressed by the World Bank report, are the benefits that would accrue to the Palestinians were there a peace settlement. Economically, these would include a well-balanced customs union between a future Palestinian state and Israel, and a non-discriminatory policy of free trade agreements. Above all, the fundamental requisite for economic and political progress is to end the violence.
Originally published by the Gatestone Institute http://www.gatestoneinstitute.org
About the Author: Michael Curtis is Distinguished Professor Emeritus of Political Science at Rutgers University, and author of the forthcoming book, Should Israel Exist? A sovereign nation under assault by the international community.
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Bibi’s speech to Congress will bring respect and honor to the Jewish Nation from the US & the world
Obama & Putin have handwriting/signature clues indicating differences between public & private life
It’s time for a new Jewish policy regarding Ramallah, NOT just because of the yarmulke incident
If Jackson were alive he’d denounce Democratic party’s silence towards virulent anti-Semitism
Victim of Palestinian Arab terrorism, a victor in NY federal court, after years of being ignored by Justice Dept.
March 2013: Arabs hurled stones hitting the Biton’s car; Adele’s mother swerved the car-into a truck
I can tell you that Cablevision has been astonished at how high we rank.
The real issue is that in many respects the president has sought to recalibrate American values and our system of government.
Former Connecticut senator Joe Lieberman, writing in the Washington Post on Sunday, provided one of the clearest and most compelling analyses we’ve seen of the importance of the prime minister’s speech.
A central concept in any discussion about happiness is achieving clarity. “Ain simcha ela k’hataras hasefeikos” – there is no joy as that experienced with the removal of doubt.
“Je Suis..,” like its famous origin 400 years ago, implies the ability & freedom to think & question
Many anti-Israel demonstrations at universities have a not-so-latent anti-Semitic agenda as well
Boko Haram enforces a patriarchal oriented society in which women are treated as “sexual slaves.”
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Sweden is now a country where orthodox Jews are afraid to wear a skullcap.
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The EU has yet to appreciate the reality that the conflict continues because of the refusal of the Palestinians to accept the right of the State of Israel to exist.
Today, fewer than 4,500 Jews remain in Arab countries. Israel absorbed and integrated 600,000 of the more than 850,000 who left.
The Palestinians have asked the World Heritage Committee (WHC) of UNESCO to recognize Battir, a village about 5 miles west of Bethlehem, as a World Heritage Site and add it to the 936 sites already maintained by UNESCO. The city’s original name was Betar, the last fortress of Bar Kochba and the name of Jabotinsky’s Zionist youth movement.
Printed from: http://www.jewishpress.com/indepth/analysis/is-a-palestinian-state-today-economically-viable/2012/08/08/
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