The Palestinian Authority holds monetary control without the power to issue currency

Evidence

On paper, the Palestinian Authority gained several key economic responsibilities, including the ability to collect income taxes within the West Bank and Gaza Strip and, through the newly established Palestinian Monetary Authority, the capacity to exercise monetary control—but without the authority to issue currency. — Clara E. Mattei, Escape from Capitalism, 317

Categorization

• XREF: Currency-dependence without sovereignty parallels the monetary-authority trap at the heart of Eurozone periphery austerity — a strong comparative link for reconstructing the argument.
• SEED: An essay angle on monetary sovereignty as the hinge of national independence — from Palestine to the Eurozone.