Thursday, August 25, 2011

High unemployment blights Palestinian lives, despite economic growth – UN

"The report also contends that the growth recorded in 2010 is not a sign of sustainable recovery, but rather reflects an economy rebounding from a low base.

It shows that the growth has come after a decade-long economic regression and continuing de-industrialization. Concerns about the sustainability of growth arise from observed technological regression and the fact that the 2010 growth relied on substantial donor aid and public expenditure.

Private-sector revival is still constrained by the construction of the separation barrier, movement and access restrictions, limited access to external markets for the export of goods or the import of production inputs, and a much reduced productive and natural resource base."

http://www.un.org/apps/news/story.asp?NewsID=39373&Cr=palestin&Cr1

No comments:

Post a Comment