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Palestinian economy helped and harmed by globalization

April 18, 2010

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.

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