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Strangling Gaza: Dependency, Devastation, and the Fragile Hope for Rebuilding
Since the outbreak of a new round of Palestinian-Israeli conflict on October 7, the international community has paid close attention to the economic conditions and the worsening humanitarian crisis in the Gaza Strip. Gaza claims that the current conflict has caused losses to its agricultural sector of more than $180 million. The United Nations also stated that Palestinian gross domestic product (GDP) fell by 4.2% in the first month of this round of conflict. In fact, the Gaza Strip is one of the regions with the worst economic performance in the world. Its economic structure is fragile and externally dependent. It has already fallen into a serious state of development…