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: NA% (male NA%, female NA%) Labor force: NA; excluding Israeli Jewish settlers - small industry, commerce, and business 29.8%, construction 24.2%, agriculture 22.4%, service and other 23.6% (1984) Organized labor: NA :West Bank Government Long-form name: none Note: The West Bank is currently governed by Israeli military authorities and Israeli civil administration. It is US policy that the final status of the West Bank will be determined by negotiations among the concerned parties. These negotiations will determine how the area is to governed. :West Bank Economy Overview: Economic progress in the West Bank has been hampered by Israeli military administration and the effects of the Palestinian uprising (intifadah). Industries using advanced technology or requiring sizable investment have been discouraged by a lack of local capital and restrictive Israeli policies. Capital investment consists largely of residential housing, not productive assets that would enable local firms to compete with Israeli industry. A major share of GNP is derived from remittances of workers employed in Israel and Persian Gulf states, but such transfers from the Gulf dropped dramatically after Iraq invaded Kuwait in August 1990. In the wake of the Persian Gulf crisis, many Palestinians have returned to the West Bank, increasing unemployment, and export revenues have plunged because of the loss of markets in Jordan and the Gulf states. Israeli measures to curtail the intifadah also have pushed unemployment up and lowered living standards. The area's economic outlook remains bleak. GNP: exchange rate conversion - $1.3 billion, per capita $1,200; real growth rate -10% (1990 est.) Inflation rate (consumer prices): 11% (1991 est.) Unemployment rate: 15% (1990 est.) Budget: revenues $31.0 million; expenditures $36.1 million, including capital expenditures of $NA (FY88) Exports: $150 million (f.o.b., 1988 est.) commodities: NA partners: Jordan, Israel Imports: $410 million (c.i.f., 1988 est.) commodities: NA partners: Jordan, Israel External debt: $NA Industrial production: growth rate 1% (1989); accounts for about 4% of GNP Electricity: power supplied by Israel Industries: generally small family businesses that produce cement, textiles, soap, olive-w
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