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

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  • Mochammad Fahlevi

    (Management Department, BINUS Online Learning, Bina Nusantara University, Jakarta 11480, Indonesia)

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.

Suggested Citation

  • Mochammad Fahlevi, 2023. "Economic Diplomacy and Conflict Resolution: Harnessing the Economic Peace Leverage Theory in the Palestine-Israel Context," Journal of Economics and Business Letters, Privietlab Research Center, vol. 3(5), pages 7-10, December.
    • Handle: RePEc:prv:jeblpv:249
    DOI: 10.55942/jebl.v3i5.249
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    File URL: https://journal.privietlab.org/index.php/JEBL/article/view/249
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    More about this item

    Keywords

    Palestine-Israel conflict; Economic Peace Leverage Theory; Boycott Divestment and Sanctions; Economic diplomacy; Conflict resolution;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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