{"id":125048,"date":"2024-02-01T09:05:56","date_gmt":"2024-02-01T07:05:56","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/gaza-economic-recovery-could-take-decades-un-report\/"},"modified":"2024-02-01T09:05:56","modified_gmt":"2024-02-01T07:05:56","slug":"gaza-economic-recovery-could-take-decades-un-report","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/gaza-economic-recovery-could-take-decades-un-report\/","title":{"rendered":"Gaza economic recovery could take decades: UN report"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/125048\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The war in Gaza has resulted in an unprecedented level of destruction to its economy which will take tens of billions of dollars and decades to reverse, UN trade and development body UNCTAD said in a new report on Wednesday. The preliminary assessment of the social and economic impacts of the conflict examines Gross Domestic Product (GDP) loss, recovery timelines and the enduring effects on poverty and household expenditure.<\/p>\n<p>It is estimated the annual GDP of Gaza declined by $655 million last year, equivalent to 24 per cent. &#8220;If Gaza is to remerge with a viable economy, the military confrontation should end immediately, and reconstruction should begin in earnest and without delay. The international community needs to act now before it is too late,&#8221; the report recommended.<\/p>\n<p>Gaza has been under blockade since 2007, after Hamas seized power, and had an average growth rate of 0.4 per cent through 2022. UNCTAD estimated that the economy had already contracted by 4.5 per cent in the first three quarters of 2023. \u201cHowever, the military operation has greatly accelerated the decline and precipitated a 24 per cent GDP contraction and a 26.1 per cent drop in GDP per capita for the entire year,\u201d it said.<\/p>\n<p>The report found that if fighting were to stop immediately with reconstruction starting right away, and the 2007-2022 growth trend persists, it would take until 2092 just to restore the GDP levels of 2022, with GDP per capita and socioeconomic conditions declining. \u201cHowever, even with the most optimistic scenario that GDP could grow at 10 per cent annually it would still take Gaza\u2019s GDP per capita until 2035 to pre-blockade level of 2006.\u201d<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/news.un.org\/en\/story\/2024\/01\/1146077\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/news.un.org\/en\/story\/2024\/01\/1146077\">The UN<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/gaza-economic-recovery-could-take-decades-un-report\/\">Gaza economic recovery could take decades: UN report<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[494,3444,917,402,606,607,608],"class_list":["post-125048","post","type-post","status-publish","format-standard","hentry","category-news","tag-economic","tag-gaza","tag-recovery","tag-un","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/125048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=125048"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/125048\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=125048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=125048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=125048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}