The Gaza Strip, a financially strained Palestinian territory, has faced severe impediments to its development, exacerbated by the ongoing conflict with Israel. Under blockade since 2007, the region has witnessed five wars in the last 15 years, with Israeli strikes causing significant casualties. The current conflict, initiated by Hamas’ surprise attack, has resulted in over 4,700 deaths, including close to 1,800 children, and 16,000 injuries. Intense scrutiny on movement, combined with years of bombardment, has hindered meaningful development. The GDP per capita of the West Bank and Gaza in 2022 was $5,722, reflecting challenges in economic growth compared to neighboring countries like Israel, India, and Pakistan.
Israel-Hamas Conflict: Gaza’s Stifled Growth Amidst Five Wars in 15 Years
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