Description

"The political and the socioeconomic environments in Palestine have seen frequent, unpredictable, and surprising upheaval. This has contributed to delays and blockades on the movement of people and goods. The constant upheaval has led to a deteriorated socioeconomic situation in Palestine. It has impeded internal and local cross-border trade and reduced the ability of Palestinians to hold their jobs. As a result, it has raised the level of unemployment, entrenched deep poverty, and caused insignificant growth and fiscal collapse (World Bank)." The level of environmental turbulence in Palestine is reflected in the complexity of its business environment. MNC's have become drivers for the provision of foreign investments, employment, goods/services produced, as well as development of technologies that assist developing countries in the promotion of their economic growth. "One aspect of successful post-conflict rebuilding is the necessity of interdependent and mutually reinforcing political, economic and military pillars to consolidate peace. A strong economic recovery cannot be built on fragile peace, and a strong peace cannot be built on fragile economy(WBOED).