This episode of The Weekly Tradecast looks at the impact of the Israel-Gaza crisis on the Palestinian economy with UNCTAD economist Rami Alazzeh.
Since the deadly assault by Hamas militants on October 7, Israel's military response has destroyed more than 37,000 buildings – about 18% of the Gaza Strip’s total structures – and displaced most of the 2.3 million people in the tiny enclave.
With so much damaged or destroyed, UNCTAD says in a new report that rebuilding Gaza will take decades, a concerted international effort and many billions of dollars. That rebuilding will be all the more difficult given the already dire state of the economy from Israel’s decades-long blockade.
When the war ends and investment is needed, recovery priorities for Gaza’s economy include supporting the workforce, restoring the airport, building a seaport and developing natural gas fields.
Tune in to UNCTAD's Rami Alazzeh to learn more about Gaza's path to recovery and longer-term development.
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35. Greener growth: Why least developed countries must act fast to achieve sustainable development
34. Digital divide: To grow, least developed countries need more technology equality
33. Africa’s dilemma: The need to exploit resources and deal with climate change
32. Women and girls in science: Young researchers build skills and break down barriers
31. Multinational manoeuvres: How rule-shopping by big companies dilutes development
30. Crypto collapse: Is there still a future for digital currencies?
29. Dirty money: How it undermines the global economy and how we can fix it
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26. Better or worse? Looking ahead to 2023 with UNCTAD chief Rebeca Grynspan
25. Africa online: Women tech entrepreneurs reshape the future
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23. Unbearable burden: Rising rates, a strong dollar and pricey food weigh down developing countries
22. Currency Chaos: Cost of living crisis gets worse as US dollar surges
21. Environmental costs: Who should pay to fix climate change?
20. Unhealthy interest: How high can rates go?
19. Not fantastic when it’s plastic: Stemming the tide of ocean rubbish
18. Bearing the brunt: Why least developed countries need more climate help
17. Sea of trouble: Turning our ships green
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