aris2chat
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- Feb 17, 2012
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BDS is not met with much enthusiasm and does more harm to the palestinians than to Israel.
BDS and the Myth of Economic Pressure
honestreporting.com/bds-and-the-myth-of-economic-pressure
June 2, 2014 14:49 by Alex Margolin
The BDS movement is based on a single uber-myth that economic and political pressure forced apartheid South Africa to fall. And if it can bring down South Africa, it can bring down Israel as well.
Its a myth, however, because its simply not true.
According to research conducted by Ivo Welch, boycotts, divestments, and sanctions had virtually no impact on South Africa. Individual divestments, either as economic or symbolic pressure,
have never succeeded in getting companies or countries to change
, he wrote in the New York Times.
Referring to an initiative at Stanford University to force the administration to divest from coal-mining companies, Welch pointed out that the South Africa model cannot serve as an example for success.
But didnt a similar boycott force South Africa in the 1980s to abandon apartheid?
Unfortunately not. In an academic study, my co-authors and I found that the announcement of divestment from South Africa, not only by universities but also by state pension funds, had no discernible effect on the valuation of companies that were being divested, either short-term or long-term.
And there was no real effect on the composition of their shareholders between institutional and noninstitutional investors.
We looked hard for evidence linking boycotts and sanctions to the value of the South Africas currency, stock market and economy. Nothing.
In other words, the only real effect of BDS is in the area of public relations. And thats why BDS activists push one divestment measure against Israel after another, even after a string of failures. Every campaign is another chance to promote their anti-Israel narrative and infect more people with their poisonous message.
Join the Fighting BDS Facebook page and take a stand against the delegitimization of Israel......................
BDS and the Myth of Economic Pressure
honestreporting.com/bds-and-the-myth-of-economic-pressure
June 2, 2014 14:49 by Alex Margolin
The BDS movement is based on a single uber-myth that economic and political pressure forced apartheid South Africa to fall. And if it can bring down South Africa, it can bring down Israel as well.
Its a myth, however, because its simply not true.
According to research conducted by Ivo Welch, boycotts, divestments, and sanctions had virtually no impact on South Africa. Individual divestments, either as economic or symbolic pressure,
have never succeeded in getting companies or countries to change
, he wrote in the New York Times.
Referring to an initiative at Stanford University to force the administration to divest from coal-mining companies, Welch pointed out that the South Africa model cannot serve as an example for success.
But didnt a similar boycott force South Africa in the 1980s to abandon apartheid?
Unfortunately not. In an academic study, my co-authors and I found that the announcement of divestment from South Africa, not only by universities but also by state pension funds, had no discernible effect on the valuation of companies that were being divested, either short-term or long-term.
And there was no real effect on the composition of their shareholders between institutional and noninstitutional investors.
We looked hard for evidence linking boycotts and sanctions to the value of the South Africas currency, stock market and economy. Nothing.
In other words, the only real effect of BDS is in the area of public relations. And thats why BDS activists push one divestment measure against Israel after another, even after a string of failures. Every campaign is another chance to promote their anti-Israel narrative and infect more people with their poisonous message.
Join the Fighting BDS Facebook page and take a stand against the delegitimization of Israel......................
