As countries worldwide are still recovering from the repercussions of the COVID-19 pandemic, the war in Ukraine is expected to result in severe implications for the global economy. Gulf Cooperation Council countries will profit from oil price hikes caused by the war in Ukraine. All other Arab countries are expected to grow at a slower pace than pre-crisis projections.
The report analyses how Israeli policies and practices have eviscerated the economy in the occupied Palestinian territory, resulting in de-development and asymmetric dependence. It examines the failure of the “development-as-usual” approach to development in the occupied Palestinian territory, which compounded the economic evisceration.
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As countries worldwide are still recovering from the repercussions of the COVID-19 pandemic, the war in Ukraine is expected to result in severe implications for the global economy. Gulf Cooperation Council countries will profit from oil price hikes caused by the war in Ukraine. All other Arab countries are expected to grow at a slower pace than pre-crisis projections.