International Trade Agreements and their Social and Economic Effects in Palestine

International trade agreements…

 

In cooperation with its partner organization BISAN Center for Research & Development, Friedrich-Ebert-Stiftung (FES) organized a workshop on the topic “International trade agreements and their social and economic effects in Palestine” at BISAN’s headquarters in Ramallah on 23 October 2018.

Civil society representatives and economic experts participated in the workshop, whose aim was to create critical dialogue on the implications of international trade agreements on the socioeconomic situation in Palestine. In the course of the workshop, speakers highlighted the most pertinent consequences of Palestinian accession to international trade agreements.

Importantly, economists argued that the accession of the Palestinian Authority to international trade agreements would have a negative impact on the socioeconomic situation in Palestine, particularly because it would entail privatization at the expense of the provision of public services and thereby deepen social inequality. In the light of this, participants discussed alternative pathways towards a socially just economic development that can inform economic policy.