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The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth
The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth
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The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth
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The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth
The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth

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The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth
The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth
Journal Article

The Effect of Foreign Direct Investment (FDI), Remittances, Inflation, Education, Trade and Unemployment on the Palestinian Economic Growth

2024
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Overview
The objective of this study is to investigate the factors that impact the economic growth in the Palestinian territories. To attain the study's objective, data were collected from the World Bank DataBank for the period 1996- 2020. While, the results of the data analyses pointed to a positive and significant association between economic growth and education, negative and significant association appeared between economic growth and each of unemployment and inflation. Insignificant positive association appeared between personal remittances and economic growth; whereas, FDI negatively but insignificantly affects economic growth. Despite the high rate of education among the Palestinians, the Palestinian economy will not realize its potential to achieve the United Nations sustainable development goals (SDGs) without stopping the implementation of the Paris Protocol and giving the Palestinians the full right to control their natural resources, their land, sea and air crossings, the freedom to trade with the outside world, the right to issue their national currency and the freedom to manage their public finance.