Susan Goedeken is a graduate of the American University of Beirut
Recently published World Bank and UNCTAD reports give dire warnings about the state Rof the Palestinian economy and its ability to recover from the economic crisi tsh oef s tthaties year. Their calculations are indeed shocking. The World Bank predicts that if the current situation is allowed to continue through the end of 2006, 67% of the Palestinian population will be living in poverty, while Palestinians’ average income will fall by 40%. They warn that 2006 may be the worst year in Palestinian economic history.