Search

The article discusses the overall identity of the Palestinian economic system which was defined years before the establishment of the Palestinian Authority (PA). It was said the Palestinian National Charter and the Declaration of Independence guarantee that the future Palestinian state would be in accordance to a market economy system expressed on the free movement of goods, capital and labor. Adherence to a market economy is said to be the principal underpinnings of a democratic society in an age of globalization. Moreover, it is believed that the option of a free economy, in Palestine, finds further validation when one takes into account that it is among the least endowed countries in natural resources and has a very small domestic market.

The article focuses on the need for a national unity government in Palestine as political and economic conditions have reached their lowest ebb. The author believes that the living conditions, chaos in the Palestinian Authority administration, and lawlessness are contributing factors to the crisis experienced by Palestinian people. According to the author, the national unity government will bolster the survival of the government against all odds.

This article presents a study of economic policies and institutions in Palestine. It analyzes the perceptions of the business community pertaining to the ongoing shifts in the regulatory and institutional frameworks in the region. The study is based on a field survey involving a sample of 750 firms. 49% of the respondents said the commercial activities of the Palestinian Authority (PA) is having negative impact on the interests of citizens and business firms. Most of them believe that in terms of overall size the public sector workforce is too large. The PA's hiring policies were rated negatively by 37 percent.