New Article: Daraghma & Iriqat, Exploring Economy Dependence in the Middle East: Palestine, Jordan, and Israel

Daraghma, Zahran Mohammad Ali and Raed Ali Mahmoud Iriqat. “Exploring Economy Dependence in the Middle East Using Governmental Accounting Indicators: The Case of Palestine, Jordan & Israel.” International Business Research 9.1 (2016): 154-64.

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URL: http://dx.doi.org/10.5539/ibr.v9n1p154

 

Abstract

This paper aims at examining the causality between Palestine, Jordan, and Israel economics using three macroeconomic (governmental accounting) measurement indices: Gross Domestic Product [GDP], Inflation Rate [IR] and Unemployment Rate [UR]. In order to achieve this purpose, this manuscript employs a macroeconomic time series analysis on data gathered in Palestine, Jordan, and Israel from 1997-2014. The paper employs a variety of econometric statistical methods (e.g. descriptive statistics, correlation tests, ordinary least squares, and Granger causality test). The findings of this paper statistically support the notion that both GDP in Israel and GDP in Jordan effects the Palestinian GDP. These findings put an emphasis on the dependency of the Palestinian economy on both the Jordanian and Israeli economies. Furthermore, in lieu of the findings, this study recommends that fiscal policy makers in Palestine exert serious efforts to attract additional foreign and expatriate investments, attempt to create a stable and attractive entrepreneurial and investment climate, and build national support for local products and services to minimize the interdependence. These recommendation could inspire greater confidence in the Palestinian economy and help create a better investment climate.

 

 

 

Report: A Picture of the Nation, 2015; Taub Center for Social Policy

The Taub Center for Social Policy Studies in Israel Presents:

A Picture of the Nation: Israel’s Society and Economy in Figures, one of the Center’s most popular publications, provides concise and thought-provoking information on Israel’s long-run economic and social trajectories.  Each page of this booklet contains a single graph and short, accompanying text that, when combined, provide the reader with a broad and comprehensive understanding of key socioeconomic issues in Israel today.  Policy makers, the media, the general public, and the global Jewish community look to the Picture of the Nation as an invaluable and highly accessible resource on topics ranging from the labor market to education, poverty and much more.

For the English page, including PDF and PPT versions of the report, as well as previous reports (2002-2014), click here.

For the Hebrew page, click here.

PDF version in English: Picture of the Nation, 2015.

PDF version in Hebrew: תמונת מצב המדינה, 2015.