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It should be detailed that the are a highly you to definitely-sided economic story

Tuesday, July 12th, 2022

It should be detailed that the are a highly you to definitely-sided <a href=""></a> economic story

And you can yes, Palestinians carry out fool around with Israeli currency from the West Financial and therefore that they, including the Greeks, try trapped in order to a currency they don’t control

I think it’s easy, with the heady talk of “two state solutions” and the building of walls (as well as labor restrictions) to forget how economically integrated the two territories are. If you want to really get sucked into IR number crunching nerddom, I highly recommend checking out MIT’s Observatory of Economic Complexity ( ). It implies that Palestine’s top export interest try Israel, with $803 billion dollars regarding annual exports, a cost that’s almost ten moments regarding the next greatest export attraction, Jordan ($83.step 3 billion). it imports $2.86 million bucks property value items out-of Israel, lots 3 times regarding the next four importers joint (Asia, $258 billion, Poultry, $257 billion, Michael jordan, $165 million, and you may Egypt, $121 million). If you are 59% of Palestine’s imports come from Israel and you may 82% of their exports go there, only one.3% of Israel’s imports come from Palestine and you may cuatro.4% of their exports go there. (more…)