Assessing the Economic and Social Impacts of Israel’s War on Palestine

Abstract

The offensive on Gaza, in which 2.2 million lives have been thrown into the mire of humanitarian devastation, has decimated an already ravaged economy, rendering “recovery” to pre-2023 largely unreasonable. Meanwhile, Israel amped up its aggressions in the West Bank, further entrenching occupation, destabilizing its precarious economy and obstructing daily life. In an archipelago of isolated Palestinian towns, including Jerusalem and the Green Line, the Occupation’s policies continue to compromise livelihoods, all of which debilitate economic prospects. In addressing this humanitarian and economic catastrophe, an urgent reimagining of the support structures for Palestinian political and economic renewal is imperative, including the role of Arab states, international allies, and the Palestinian diaspora.