Columbia International Affairs Online: Working Papers

CIAO DATE: 06/2014

Israeli Financial Measures Against the Palestinian Authority

Neri Zilber

April 2014

The Washington Institute for Near East Policy

Abstract

Israel has gotten few positive results from past financial measures against the PA, and both sides risk miscalculation and escalation when they employ unilateral tactics. On April 1, Palestinian Authority president Mahmoud Abbas signed accession papers to fifteen international conventions, endangering the current round of peace talks and spurring the Israeli government to state that unilateral Palestinian steps would be met by unilateral steps of its own. Over the past several days, Israel has made good on this promise, instituting various economic and financial sanctions against the PA. Yet recent historical experience indicates that Israel's willingness to maintain punitive financial sanctions on the PA is limited.