- js reader version
- view hidden posts
- tags and related articles
by Stephen Lendman
Sunday, Aug. 05, 2012 at 8:57 PM
World Bank Opposes Palestinian Sovereignty
by Stephen Lendman
Washington controls the World Bank. Current president Jim Yong Kim formerly was Dartmouth College president.
The World Bank and IMF were established to integrate developing nations into the Global North-dominated world economy.
They've done it in ways other than originally mandated. The IMF was created to stabilize exchange rates linked to the dollar. Its purpose was also to bridge temporary payment imbalances.
The World Bank was supposed to provide credit to war-torn developing countries. Both bodies operate exploitively. They use debt entrapment to transfer public wealth to Western bankers and other corporate predators.
They obligate indebted nations to take new loans to service old ones. Doing so assures debt entrapment. Remedies proposed don't work. Structural adjustment harshness is imposed. Neighborhood loan sharks are benign by comparison.
Both bodies are imperial tools. Debt freedom, equality, justice, and other democratic values are verboten. So is Palestinian statehood.
A new World Bank Report says Palestine isn't ready for prime time. According to economist John Nasir:
"The Palestinian Authority (PA) has made steady progress in many years towards establishing the institutions required by a future state but the economy is currently not strong enough to support such a state."
"Economic sustainability cannot be based on foreign aid so it is critical for the PA to increase trade and spur private sector growth."
Nasir may or may not know economics. He knows little or nothing about international law. He knows less about right and wrong. More on that below.
He says the Palestinian Authority faces financial crisis conditions. It's debt level is .5 billion. It's cash shortfall is 0 million.
America's national debt approaches trillion. About another .5 trillion is added annually. No World Bank official cries foul. No one says its economy can't support statehood.
According to Nasir:
"While the Palestinian Authority has had considerable success in building the institutions of a future state, it has made less progress in developing a sustainable economic base."
"....Israel's security restrictions continue to stymie investment and the recent growth has largely been driven by donor aid. This situation is unsustainable and aid levels have already begun to fall."
At issue is Israel's illegal occupation. Nasir left that issue unaddressed. It's key but wasn't part of his focus. Instead he misstated facts on the ground. He claimed talks broke down in September 2010.
Israel doesn't negotiates. It demands. Military occupation is hardline and repressive. Peace and sovereign independence are verboten. Resolving decades of conflict can't happen without world community help.
Nasir ignored reality, saying:
"Barring a political solution to the conflict, there is little that can be done about these constraints."
"However, there are a number of areas where the PA can focus its attention to not only improve current performance, but to lay the groundwork for a future state."
"A future Palestinian state should seek to emulate Asian countries that have managed to sustain high levels of economic growth by adopting an outward orientation and integrating into world supply chains."
World Bank officials march in lockstep with Israeli lawlessness. So do heads of Western states. Israel gets away with murder.
It prevents sovereign Palestinian independence. It qualified decades ago. It meets Montevideo Convention criteria. International law expert Francis Boyle explained.
It has a "determinable territory." It doesn't have to be fixed and determinate. Border negotiations can follow. Gaza, the West Bank and East Jerusalem comprise its state. Palestinians lived there for centuries. It's their sovereign land.
Its population is fixed and permanent.
Its government functions. In 1988, Yasser Arafat declared the PLO Palestine's Provisional Government.
It's able to have diplomatic relations with other nations. The great majority of UN member states support its sovereignty.
On December 15, 1988, the General Assembly recognized its legitimacy. It accorded it observer status. Full de jure membership is long overdue.
So is universal world recognition. All UN Charter states provisionally recognized Palestinian independence in accordance with UN Charter article 80(1) and League of Nations Covenant article 22(4).
As the League's successor, the General Assembly has exclusive legal authority to designate the PLO Palestine's legitimate representative.
The Palestine National Council (PNC) is the PLO's legislative body. It's empowerered to proclaim Palestine's existence.
According to binding 1925 Palestine Citizenship Order in Council provisions, Palestinians, their children and grandchildren are automatically citizens of the new state. So are diaspora Palestinians.
Sovereign Palestine exists. It fully qualifies for recognition. It's peace loving. It accepts UN Charter obligations. It's able and willing to enforce them.
The General Assembly has sole authority to grant de jure membership by a simple two-thirds majority. The Security Council only recommends admissions. It has no veto power to prevent them.
If Washington or another permanent member invokes it, the General Assembly can override under the 1950 Uniting for Peace Resolution 377. Nasir claiming Palestine isn't ready for prime time doesn't wash.
An April 2011 UN study concurred. The Office of the UN Special Coordinator for the Middle East Peace Process (UNSCO) said:
In "territory under its control and within the constraints on the ground imposed by unresolved political issues, the PA has accelerated progress in improving its governmental functions."
"In six areas where the UN is most engaged, governmental functions are now sufficient for a functioning government of a state."
It's "well positioned for the establishment of a state at any point in the near future."
At the time, separate World Bank/IMF assessments agreed. Nasir likely doesn't read WB reports. Its conclusion about Palestine contradicts his own.
UNSCO said Palestine qualifies in areas where UN bodies are most engaged. They include governance, rule of law and human rights, livelihoods and productive sectors, education and culture, health, social protection, and infrastructure and water.
At the same time it cautioned, as long as occupation continues, conflict conditions remain unresolved, and divisions between Hamas and Fatah persist, "the institutional achievements of the Palestinian state-building agenda are approaching their limits within the political and physical space currently available."
UN Special Coordinator for Middle East Peace Process Robert Serry said "further steps on the ground" are urgently needed. Occupation harshness must end. Unlike previous ones, legitimate independently monitored peace talks must be held.
Israeli might has veto power. Overriding it is key. World leaders are empowered to do it. Political will alone is absent. Sovereign Palestinian freedom depends on reversing longstanding policy. Nothing else prevents what's long overdue.
Stephen Lendman lives in Chicago and can be reached at firstname.lastname@example.org.
His new book is titled "How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War"
Visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.
Report this post as:
GUIDE TO REBEL CITY LOS ANGELES AVAILABLE
lausd whistle blower
Help KCET and UCLA identify 60s-70s Chicano images
UCLA Luskin: Casting Youth Justice in a Different Light
Change Links April 2018
Nuclear Shutdown News March 2018
Join The Protest Rally in Glendale on April 10, 2018!
Join The Protest Rally in Glendale on April 10, 2018!
Spring 2018 National Immigrant Solidarity Network News Alert!
Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A.
Steve Mnuchin video at UCLA released
Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups
After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video
Resolution of the Rent Strike in Boyle Heights
What Big Brother Knows About You and What You Can Do About It
Step Up As LAPD Chief Charlie Beck Steps Down
Our House Grief Support Center Hosts 9th Annual Run For Hope, April 29
Don’t let this LA County Probation Department overhaul proposal sit on the shelf
Echo Park Residents Sue LA Over Controversial Development
Former Signal Hill police officer pleads guilty in road-rage incident in Irvine
Calif. Police Accused of 'Collusion' With Neo-Nazis After Release of Court Documents
Center for the Study of Political Graphics exhibit on Police Abuse posters
City Agrees to Settle Lawsuit Claiming Pasadena Police Officer Had His Sister Falsely Arre
Professor's Study Highlights Health Risks of Urban Oil Drilling
Claims paid involving Pasadena Police Department 2014 to present
Pasadenans - get your license plate reader records from police
LA Times Homicide Report
More Local News...
Biodiversité ou la nature privatisée
The Market is a Universal Totalitarian Religion
Book Available about Hispanics and US Civil War by National Park Service
The Shortwave Report 04/20/18 Listen Globally!
The Republican 'Prolife' Party Is the Party of War, Execution, and Bear Cub Murder
Paraphysique de la dictature étatique
Book Review: "The New Bonapartists"
The West Must Take the First Steps to Russia
Théorie générale de la révolution ou hommage à feu Mikhaïl Bakounine
The Shortwave Report 04/13/18 Listen Globally!
“Lost in a Dream” Singing Competition Winner to Be Chosen on April 15 for ,000 Prize!
The World Dependent on Central Banks
Ohio Governor Race: Dennis Kucinich & Richard Cordray Run Against Mike DeWine
March 2018 Honduras Coup Again Update
Apologie du zadisme insurrectionnel
ICE contract with license plate reader company
Black Portraiture(S) IV: The Color of Silence...Cuba No...Cambridge Yes
Prohibiting Micro-Second Betting on the Exchanges
Prosecutors treat Muslims harsher than non-Muslims for the same crimes
Amy Goodman interview on cell phone safety
Mesa, Arizona police officer kills unarmed white man
Israeli leaders should be prosecuted for war crimes
Paraphysique de l'autorité
Two Podcasts on fbi corruption
Fbi assassins assault & try to kill DAVID ATKINS
EPA Head Scott Pruitt: Of Cages And Sirens
More Breaking News...