Académique Documents
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Speaker 2
Emphasis the role of the market in satisfying needs
o Put upfront in economic policy & strategy
Arise in financial market
See neo-liberalism more than an economic policy but rather
o Transformation of society
o Weakening the social movement of labour to resist
Making it much more difficult in projects
(I) Changes in the way Israeli economy affected the nature in political economy in
west bank and gaza(occupied territory)
De-development
The way Palestinian in this area get cheap labour
Palestinians working in the occupied territory can go to Israel very
easily(free movement)
o Palestinian boom
o OSLO process 1990s we live with today, the relationship
began to change. Palestinian labour began under attack
o Much more migrant labour from East Asia and former
Soviet/East European state
o Exports and imports were controlled by Israel
o Goods flows outside and the money were put into Israeli
farmers
o Economic dependency tight to Israeli economic needs
o Israeli capitalism & Palestinian elites barricade behind the
development
o High inflation rate in Israel benefit Israel
o Neoliberalism prioritization in the market & encourage
private sector to grow
Everyone will benefit
o Palestinian Reform & Development Plan 2007 to 2010
Plan was drafted by institution financial (World Bank)
Became the guiding framework since that time
Fiscal reform reduce social spending
Reduce people in public sector
Push more private sector to encourage more
investment
Establish industrial zone within/close
checkpoint to get more Palestinian cheap
labours inside the Palestinian territory
o Real estate
o Rapid rise in debts
o Household debt levels increase dramatically
o Even businesses
o Neoliberalism creates greater financial markets
o Create debts
o Credit cards
o Rising poverty levels & inequality levels
(II) Neo-liberalism in West Bank & Gaza(occupied territory)
(III) Effects in terms of political
o Israel still control who, what and when to produce
o Inequality reflecting geography
o Ramallah center and therefore reflecting the inequality
o PA has facilitated the elitists
Real estate development
Confiscation of the land
i.Neo-liberalisation of economy has led to neo-liberalisation of politics in Palestine
a. Become very difficult to imagine the political struggle
b. The structure is extremely fragile : open to destabilisation
ii. undermine the position of PA in the eyes of Palestinian population
iii.palestinian elites are part of the problem along with Zionism and settler colonialism
iv.tackling fair and square inequality and neo-liberalism
Israel collection of tax : collect on behalf of the authority and distribute that to the PA
Social corporation business : the very large elits are only interested in making money
Not an effective strategy for resistance
White-washing of businesses
uprising due to politics & economic issues
2011 Arab Uprising : connected to the effects of neo-liberalism
PIDP & subsequent national development plan :
Gives political and economic implication