Unlocking the Trade Potential of the Palestinian Economy (Record no. 32290)

000 -LEADER
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001 - CONTROL NUMBER
control field 29057
003 - CONTROL NUMBER IDENTIFIER
control field The World Bank
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20181114101159.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION
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007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 020129s2017 dcu o i00 0 eng
024 8# - OTHER STANDARD IDENTIFIER
Standard number or code 10.1596/29057
035 ## - SYSTEM CONTROL NUMBER
System control number (The World Bank)29057
110 2# - MAIN ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element World Bank Group.
245 10 - TITLE STATEMENT
Title Unlocking the Trade Potential of the Palestinian Economy
Medium [electronic resource] :
Remainder of title Immediate Measures and a Long-Term Vision to Improve Palestinian Trade and Economic Outcomes.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Washington, D.C. :
Name of publisher, distributor, etc The World Bank,
Date of publication, distribution, etc 2017.
490 1# - SERIES STATEMENT
Series statement Policy Notes
520 3# - SUMMARY, ETC.
Summary, etc The Palestinian economy is severely hampered by trade-related restrictions, high logistics costs, cumbersome procedures and institutional inefficiencies. Operating within an uneven customs union arrangement with Israel, the Palestinian economy has accumulated an enormous trade deficit and overdependence on Israel's economy and has neither could develop dynamic export-oriented sectors nor to tap into larger and more competitive third markets. Over the years, this situation has contributed to slow growth, high unemployment, and stubborn persistence of poverty in the Palestinian economy. A bold reform agenda is urgently required to improve the Palestinian economy's trade outcomes. Immediate steps should be taken to reduce the burden of existing trade-related restrictions and transaction costs. The Palestinian economy should also begin the transition toward an autonomous trade regime, and can exercise control over its own customs territory, in line with its long-term economic interest. It should retain an open trade regime and develop its links with overseas markets. The economic relationship with Israel should be recast in a manner that is comprehensive and exploits the large synergies that exist between the two economies. Such a course will provide the Palestinian Authority with some of the tools and incentives to undertake far-reaching structural reforms. The reform agenda will neither be a simple endeavor nor will it alone determine the success or failure of the Palestinian economy. This note proposes ideas that could, in the fullness of time, and with the assistance of international donors help overcome existing dysfunctions and improve trade-related economic outcomes in the Palestinian economy.
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Export Competitiveness
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Trade Facilitation
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Trade Policy
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element World Bank Group.
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title Policy Notes.
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title World Bank e-Library.
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://elibrary.worldbank.org/doi/book/10.1596/29057">http://elibrary.worldbank.org/doi/book/10.1596/29057</a>

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