Economic Diplomacy and Conflict Resolution: Harnessing the Economic Peace Leverage Theory in the Palestine-Israel Context

Mochammad Fahlevi ()

Journal of Economics and Business Letters, 2023, vol. 3, issue 5, 7-10

Abstract: The Palestine-Israel conflict has led to significant human and economic repercussions, with Palestine facing dire economic challenges and Israel experiencing disruptions in key sectors. This paper explores the Economic Peace Leverage Theory (EPLT), which posits that economic tools can foster peace and mitigate conflicts. The global Boycott, Divestment, and Sanctions (BDS) movement aligns with EPLT by applying economic pressure to influence Israeli policies toward Palestinians. While Israel’s economy remains resilient, the symbolic and perceptual impacts of BDS highlight the potential of economic diplomacy in conflict mediation. The study argues that leveraging EPLT through collaborative global efforts can promote sustained peace and prosperity in the region, providing a non-violent alternative to conventional approaches.

Keywords: Palestine-Israel conflict; Economic Peace Leverage Theory; Boycott Divestment and Sanctions; Economic diplomacy; Conflict resolution (search for similar items in EconPapers)
JEL-codes: F51 F53 F59 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:prv:jeblpv:249

DOI: 10.55942/jebl.v3i5.249

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