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ارتفاع الأسعار وتداعيات الأزمة على فلسطين

High prices and the repercussions of the crisis on Palestine

Akram Jamee

MPRA Paper from University Library of Munich, Germany

Abstract: This article examines the impact of the financial crisis of 2022 on the global economy, especially in MENA countries that are more directly embedded, With the aim of arriving at proposals that serve the Palestinian case, while commensurate with its specificity. We have tried to answer three central questions: First: What is the reality of rising prices globally and its relationship to the state of food insecurity? Second: What are the effects of rising prices globally on the Middle East and North Africa? Third: What are the repercussions of the global crisis on Palestine? The study concluded that the possibility of gradually increasing prices must coincide with the importance of continuing to seek more financial support provided by the international community to the Palestinian government. In addition, those decision-makers should put before them the social axis as a reform priority. Moreover, that the government must confront the threat of food insecurity and mitigate the impact of high international prices on the poor as soon as possible. Especially protecting vulnerable families, strengthening social safety nets, and mitigating the impact of price hikes on households through subsidizing food and energy products.

Keywords: high prices; food security; Palestine; the Middle East; and North Africa; consumer price index; inflation; the Corona pandemic; the Russian-Ukrainian war (search for similar items in EconPapers)
JEL-codes: F5 H1 P1 Q4 Q41 Q48 (search for similar items in EconPapers)
Date: 2022-07-27, Revised 2022-08-08
New Economics Papers: this item is included in nep-ara and nep-cis
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