The Impact of The Israeli Product Boycott on The International Economy, The Israeli Product Boycott Movement: Economic, Legal, and Ethical Perspectives

Abstrak

This study examines the impact of the Israeli–Palestinian conflict on the international economy through petitions to boycott Israeli products. The boycott movement refers to actions that refuse to purchase or use products made by Israeli companies or parties perceived as supporting Israel’s actions toward Palestinians. Using a descriptive qualitative method, this research analyzes case studies from developed and developing countries to identify the positive and negative impacts of the boycott. In developed countries such as China, boycotts influence investment patterns, leading to shifts in investment priorities toward sectors or countries considered more stable and less exposed to boycott risks. In developing countries such as Indonesia, boycotts negatively affect companies such as PT Unilever Tbk, resulting in declining sales, mass layoffs, and rising unemployment. However, boycotts also have positive effects. In developed countries, it encourages the use of domestic products, supports the growth of small and medium enterprises (SMEs), strengthens local economies, and creates job opportunities. In developing countries, the positive impacts include changes in consumption patterns and increased humanitarian solidarity.