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Palestinian Economy Set on Backward Path


(Financial Times) - The Palestinian economy is set on a path of "de-development" that is becoming ever harder to reverse. According to the latest assessment by the UN Conference on Trade and Development, since October 2000 the gross domestic product of the Palestinian economy has fallen more than half, unemployment has tripled, and more than two-thirds of households are living below the poverty line.
2002-09-13 00:00:00
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