Thursday, March 08, 2007

Remember the "New Middle East"?

The abstract of a research article, "Business and Peace: The Rise and Fall of the New Middle East":-


The open and strong support of Israeli businessmen and business organizations for the peace process between 1992 and 1996 highlights the emergence of a business community ready for political involvement and provided support, even if temporarily, to the idea of the "New Middle East" and for the proposed linkages between globalization, peace and economic growth. Several studies have engaged with the involvement and support of Israeli businesspeople in the peace process (Nitzan and Bichler 1996; Shafir and Peled 2000a) and provided a convincing explanation both for the motivations of Israeli businesspeople in the era of globalization to promote peace and for their influence on policymakers in the context of what can be described as emerging neo-liberal hegemony.

But, as this work argues, while the business community was able to influence the economic agenda its influence on the peace process, despite its support, was rather limited. The derailment of the peace process some three years after its initiation until its almost final collapse in 2000 raise important theoretical-conceptual questions on the linkage between business and The open and strong support of Israeli businessmen and business organizations for the peace process between 1992 and 1996 highlights the emergence of a business community ready for political involvement and provided support, even if temporarily, for the idea of the "New Middle East" and for the proposed linkages between globalization, peace and economic growth.

Several studies have engaged with the involvement and support of Israeli business people in the peace process (Nitzan and Bichler 1996; Shafir and Peled 2000a) and provided a convincing explanation both for the motivations of Israeli businesspeople in the era of globalization to promote peace and for their influence on policymakers in the context of what can be described as emerging neo-liberal hegemony. But, as this work argues, while the business community was able to influence the economic agenda, its influence on the peace process, despite its support, was rather limited. The derailment of the peace process some three years after its initiation until its almost final collapse in 2000 raise important theoretical-conceptual questions on the linkage between business and politics as well as empirical questions on the actual ability of the business community to influence the peace process.


Recommended Citation:

Guy Ben-Porat (2005) "Business and Peace: The Rise and Fall of the New Middle East," World Political Science Review: Vol. 1 : Iss. 1, Article 1.
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