The purpose of this paper is to examine the relationship between governance and economic growth in Palestine. The importance of this topic is to shed light on the crucial and vital role that the governance plays in the growth of the Palestinian economy. This paper will prove mathematically that economic growth is a function of governance. An econometric model was developed to prove this relationship empirically. Moreover, a time series analysis was performed to evaluate the effect of each of the six governance indicators on economic growth in Palestine. The data was taken from the Palestinian Central Bureau of Statistics and the World Bank Group covering the period of 2000 to 2014. The regression model indicated that the governance variable is significant to the economic growth in Palestine. As for the time series analysis we found that voice accountability indicator had a negative impact on the GDP. Nonetheless, government effectiveness and control of corruption had a positive effect on the GDP. A number of recommendations were given to Palestinian National Authority (PNA), most importantly the need to improve the quality of its services.

The Palestinian economy is a small and open economy that is characterized with a high level of uncertainty. The purpose of this paper is to determine the effect of COVID-19 on the economic growth in Palestine through estimating the relationship between economic growth and unemployment. We will use the GDP per capita to measure economic growth and unemployment rate in Palestine. Thus we will also look at the Palestinian labor force and determine whether the job creation is successful in absorbing the rising rates of unemployment and determine how COVID-19 will affect unemployment rates. This is an effort to study where the Palestinian economy is heading and gives suggestions of how we can avoid the convergence into a Volatility Uncertainty Complexity Ambiguity environment. The data was taken from the Palestinian Central Bureau of Statistics for the period from 1995 to 2018. The time series analysis indicated that a 1 percent increase in the unemployment rate will result in a 0.356 percent decrease in the GDP per capita. Given the continuation of the Israeli occupation, the Palestinian government plays the role of “crisis management”.

The purpose of this paper is to determine whether the current water supply can aid in achieving economic growth in Palestine through the agricultural sector. Thus an attempt was made to answer the question whether it is worthwhile for the Palestinian Authority (PA) to invest in the agricultural sector to achieve a certain level of sustainable development.A time-series regression analysis is performed to investigate whether the current amount of water can sustain economic growth in Palestine for 1998-2018. Findings have indicated that there is no relationship between the agricultural sector and the two sources of water. Meanwhile, there is a cointegration relationship between the agricultural sector and the spring water. Accordingly, water is not achieving economic growth in Palestine due to a shrinking agricultural sector. Moreover, the Palestinian agricultural sector faces several challenges during the expansion period, most importantly in terms of the insufficient subsidies provided to the Palestinian farmers by the PA.

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The purpose of this paper is to determine the effect of financial inclusion on economic growth and human development for Muslim countries. The importance of this topic lies in shedding the light on the crucial and vital role that financial inclusion plays in the development of human capital and thus leading to economic growth. An econometric model was developed to estimate this relationship empirically. The data was collected from the World Bank Group for 28 countries. The correlation coefficient was 0.79, indicating that there is a strong positive correlation between financial inclusion and human development. Nonetheless, the two regression models indicated that financial inclusion is one of the independent variables which affect both economic growth and human development; where a 1 percent increase in IFI will result in both a 0.83 percent increase in GDP per capita and a 0.09 percent increase in HDI. Therefore governments should try to create an environment that promotes an improvement in the quality of financial services which in turn will contribute to sustainable economic development.