[World Bank’s website is like one of the most notoriously maintained one - page URLs constantly shifted and resources get lost. (Bureaucracy has to waste money on outside contractors.)]
The report celebrates the Palestinian economy’s main resource, its people, who are highly educated and entrepreneurial. That said, for the Palestinian economy to improve its competitiveness and move towards higher value-added products, particularly services, investment in the education system is key to better link learned skills to the needs of the private sector.
“While Israeli restrictions remain the biggest impediment to investing, and most growth comes from donor-funded government spending, there are still positive actions that the PA can take now that will both lay the ground work for a sustainable economy and contribute to growth today and in the future,” said Mariam Sherman, World Bank Country Director.