The Economics of Palestine
Economic Policy and Institutional Reform for a Viable Palestine State
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Economics of Palestine by David Cobham
Book DescriptionThis 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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Book DetailsISBN: 9780415327619
(234mm x 156mm x 20mm)
Publisher: Taylor & Francis Ltd
Publish Date: 29-Jul-2004
Country of Publication: United Kingdom
Books By Author David Cobham
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This book shows how the world financial crisis has struck the euro area and examines policies to ensure its future viability.
Twenty Years of Inflation Targeting, Paperback (February 2014)
A thorough examination of the past twenty years of inflation targeting by a distinguishing team of academics and professional economists.
Money in the Middle East and North Africa, Paperback (October 2013)» View all books by David Cobham
Focused on monetary policy strategies & frameworks, this book fills an important gap providing multi-country & single-country studies on monetary policy in post-civil war Lebanon, Egypt, Jordan, the Palestinian Territory and Turkey.
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Author Biography - David Cobham
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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