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.
17. Sea of trouble: Turning our ships green
16. Energy dilemma: Fossil fuels versus renewables in a time of crisis
15. Going hungry: Conflict, COVID-19 and climate change strain world’s food supply
14. Changing course: Shift in policies needed to avert a global recession
13. Beyond GDP: Is it time to end our obsession with economic growth?
12. Ghosts of recessions past: Is history repeating itself?
11. Drowning in debt: How developing countries can survive the crisis
10. Taxing issues: What’s fair for multinationals?
9. Scammed: Are online marketplaces safe?
8. Blue Deal: Charting a new ocean economy
7. War and price: The cost of rising inflation
6. Blockchain reaction: The high cost of unregulated crypto
5. A lesser degree: Why climate change matters
4. Uncertain recovery: Where’s investment going?
3. Stormy waters: The maritime trade crisis
2. Africa’s future: Why economies must diversify
1. Going up: The human costs of rising prices
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