The tragedy of Gaza – Beragampengetahuan
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Here’s the introduction to my latest beragampengetahuan post, The Tragedy of Gaza. Click the link to read all of it. It is free to read.
The Palestinian economy is enduring a fiscal crisis and the economic outlook is dire.” – IMF, 26th April 2022.
Massive GDP falls are common in wars: for example, Ukraine’s economy shrank by 30% in 2022, equivalent to the US Great Depression. But what people perhaps don’t realise is how bad things were before the current crisis.
In the rest of this post, I examine:
- the large growing divergence between the economies of Gaza and the West Bank, using data from the IMF
- the economic cost to both Gaza and the West Bank of Israel’s fifteen-year blockade of Gaza and repeated military actions
- how disastrous internal politics in Palestine and malicious meddling by external powers, notably the US, tipped Gaza into long-term decline
- how wars and protests fatally weakened the Gaza economy
- why the October 7th attacks were inevitable
- why Israel’s end game is the total destruction of Gaza, and why we are powerless to prevent it.
Related reading:
Image: Theatre mask mosaic, Naples National Archaeological Museum, Public domain, via Wikimedia Commons
Contents
kegiatan ekonomi
prinsip ekonomi
ekonomi kreatif, ilmu ekonomi adalah, pelaku ekonomi
, kegiatan ekonomi adalah, sistem ekonomi
#tragedy #Gaza
