Michigan Journal of International Law Volume 15 Issue 2 1994 Incentives for Peace and Profits: ederF al Legislation to Encourage U.S. Enterprises to Invest in Arab-Israeli Joint Ventures Daniel Lubetzky Begin-Sadat Center for Strategic Studies Follow this and additional works at: https://repository.law.umich.edu/mjil Part of the Banking and Finance Law Commons, Business Organizations Law Commons, and the Comparative and Foreign Law Commons Recommended Citation Daniel Lubetzky, Incentives for Peace and Profits: ederF al Legislation to Encourage U.S. Enterprises to Invest in Arab-Israeli Joint Ventures, 15 MICH. J. INT'L L. 405 (1994). Available at: https://repository.law.umich.edu/mjil/vol15/iss2/2 This Article is brought to you for free and open access by the Michigan Journal of International Law at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in Michigan Journal of International Law by an authorized editor of University of Michigan Law School Scholarship Repository. For more information, please contact
[email protected]. INCENTIVES FOR PEACE AND PROFITS: FEDERAL LEGISLATION TO ENCOURAGE U.S. ENTERPRISES TO INVEST IN ARAB- ISRAELI JOINT VENTURES Daniel Lubetzky* INTRODUCTION ................................................. 406 I. THE RATIONALE: WHY ENACT SUCH LEGISLATION? . 407 A. Recent Developments in the Middle East .............. 408 B. Using,Economics to Advance Peace ................... 409 C. The Role of the United States ......................... 411 D. Advantages of Investing in the Middle East ............ 413 E. Advantages of Investment Incentives as Foreign Policy Tools ................................. 417 II. THE MECHANICS: How WOULD THE INCENTIVES WORK?.. 419 A . Tax Incentives ........................................ 419 B. Government Investment Guarantees and Government Investm ent Grants ...................................