The Missing Currency of Israeli/Palestinian Negotiations

22 Pages Posted: 3 Sep 2009 Last revised: 10 Sep 2009

See all articles by Lloyd R. Cohen

Lloyd R. Cohen

George Mason University School of Law

Date Written: September 3, 2009


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.

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

Suggested Citation

Cohen, Lloyd R., The Missing Currency of Israeli/Palestinian Negotiations (September 3, 2009). George Mason Law & Economics Research Paper No. 09-45. Available at SSRN: or

Lloyd R. Cohen (Contact Author)

George Mason University School of Law ( email )

3301 Fairfax Drive
Arlington, VA 22201
United States
(703) 993-8048 (Phone)

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