Money Alone Won’t Bail Out the West Bank

As I noted yesterday, Palestinian Authority President Mahmoud Abbas is on the road this week attempting to persuade Arab countries to give him money. Unfortunately for Abbas, his upgrade at the United Nations last month hasn’t made his panhandling act any more popular with those who voted to upgrade his status at the world body. In fact, the Palestinian Authority is broke. Though this isn’t the first time the PA has had cash flow problems, the current shortage is especially acute and enough to provoke a stern editorial from the New York Times blaming the problem primarily on Israel. But while Israel has withheld some tax revenue from Abbas, the problem in the West Bank goes a lot deeper than the current dispute between the Netanyahu government and the PA.

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Money Alone Won’t Bail Out the West Bank

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