Three Years After the 2014 Gaza Hostilities - Beyond Survival: Challenges to Economic Recovery and Long-Term Development
The report “Three Years After the 2014 Gaza Hostilities - Beyond Survival: Challenges to Economic Recovery and Long-Term Development” provides an analysis of the main challenges that are currently dominating Gaza’s business environment, three years after the 2014 hostilities, and proposes a fresh approach to support Gaza’s private sector to thrive, not just to survive.
The report also highlights that Gaza’s economy has been virtually stagnant for the past ten years, with average annual real GDP growth rate over the decade not exceeding 1.44%, while Gaza’s population grew by 38.4% over the same period. According to the report, more GDP growth will be required in order to reduce Gaza’s chronic unemployment, currently standing at 40.6%, and improve livelihoods.
The report was produced by UNDP’s Programme of Assistance to the Palestinian People and authored by Dr Mohammed Samhouri.