Repercussions of Colonialism in the Occupied Palestinian Territories
Samia Al-Botmeh is an assistant professor in economics at Birzeit University. Her areas of interest include gender economics and political economy of development with a special focus on Palestine.
This chapter considers the factors that shaped the political economy of the Palestinian occupied territories over fifty years; from 1967-2017. It examines the development of the overall economic indicators and looks into the various economic sectors while keeping track of main political developments within the context of colonialism. It considers the developments in fiscal, monetary, labor, trade and sectoral structural issues and their implications regarding employment generation, poverty and the sources for economic growth. The chapter is divided into two main periods; the first starts with Israel’s occupation in 1967 till the signing of the Oslo Accords in 1993, the second starts in 1994 till 2017.
Keywords: labor markets, colonialism, economic development, economic structures, Gross domestic product