The Missing Currency of Israeli/Palestinian Negotiations
Lloyd R. Cohen
George Mason University School of Law
September 3, 2009
George Mason Law & Economics Research Paper No. 09-45
Israel Affairs, Forthcoming
The premise of the Arab-Israeli “land for peace” process is that each side values what it will receive more than what it must surrender. The repeated failure of this process spanning decades reveals the shocking truth that this premise is erroneous. For the process to succeed the currency that the Arabs must bring to the table is the ability and willingness to pay for their sovereignty in the currency of vigorous enforcement of Israeli rights and privileges, something they are not willing to do. Why not? At present, the payoff to the Palestinian Arabs as a body of a state is simply not worth the price they must pay.
Number of Pages in PDF File: 22
Keywords: Arafat, Arab League, Arab Liberation Army, British Mandate, Eban, Emer de Vattel, Hamas, Jewish, Oslo Accords, PLO, Peres, Rabin, terrorism, Zionism
JEL Classification: H56, N40, N45
Date posted: September 3, 2009 ; Last revised: September 10, 2009
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