Worldfocus » Oslo Accord http://worldfocus.org International News, Videos and Blogs Wed, 17 Mar 2010 21:18:58 +0000 http://wordpress.org/?v=2.6 en Palestinian economy helped and harmed by globalization http://worldfocus.org/blog/2009/05/06/palestinian-economy-helped-and-harmed-by-globalization/5296/ http://worldfocus.org/blog/2009/05/06/palestinian-economy-helped-and-harmed-by-globalization/5296/#comments Wed, 06 May 2009 15:26:56 +0000 Worldfocus http://worldfocus.org/?p=5296 After the signing of the Oslo Accords in 1993, for the first time, Palestinians began to take control of their own economic destiny. Foreign money soon began pouring into the West Bank.

But while the West Bank has reaped the benefits of globalization, it has also seen hardship. Businessmen are complaining less about Israel and more about cheap exports from China, sometimes known in the West Bank as the “beast from the East.”

Worldfocus producer Mohammad al-Kassim examines the impact of globalization on Palestinian commerce.

After the signing of the Oslo Accords in 1993, for the first time, Palestinians began to take control of their own economic destiny. Foreign money soon began pouring into the West Bank. Now, businessmen are complaining less about Israel and more about cheap exports from China. http://worldfocus.org/files/2009/05/th_westbank_globalizationsig.jpg http://worldfocus.org/files/2009/05/th_westbank_globalizationsig.jpg ]]> http://worldfocus.org/blog/2009/05/06/palestinian-economy-helped-and-harmed-by-globalization/5296/feed/