Summary
The international financial institution whose reports supply many of The Political Economy of Israeli Occupation: What is Colonial about It?’s figures, and which, in that article’s account, became after Oslo the manager of donor funds to the Palestinian Authority and a governing actor in the Palestinian economy whose approach accommodates, and may indirectly legitimise, Israeli closure (The Political Economy of Israeli Occupation: What is Colonial about It?, PDF p.9-10).
Details
- The article’s collapse, poverty and Oslo-era figures rest heavily on Bank reports: Investing in Palestinian Economic Reform and Development (2007), The West Bank and Gaza Update (March 2007), Four Years: Intifada, Closures and Palestinian Economic Crisis (2004), Developing the Occupied Territories (1993), Long-Term Policy Options for the Palestinian Economy (2002) and its 2002 poverty report (notes 2, 3, 23, 37-40, 48, 50).
- After 1993 the Bank, with the International Monetary Fund and the Ad Hoc Liaison Committee, became the PA’s advisor, managing donor funds and deciding their allocation by sector and by ministry; donors disbursed $3.2 billion between 1994 and 2000 (PDF p.9).
- Its 2005 report on Gaza disengagement, Stagnation or Survival? Israeli Disengagement and Palestinian Economic Recovery [title as printed], does not mention the occupation as the source of Palestinian economic demise but the issue of closure, and does not call for abolishing closures but for accommodating them (PDF p.9-10).
Related pages
The Political Economy of Israeli Occupation: What is Colonial about It?, International Monetary Fund, Palestinian Authority, Oslo Accords