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Showing posts with label conflict. Show all posts
Showing posts with label conflict. Show all posts

Tuesday, June 9, 2015

How ISIS Will Damage Middle East Economies



Trade is the lifeblood of any nation, and when it is disrupted, there are consequences to the economy. In places where ISIS has taken root, traditional trading activities have been replaced. The risk of economic maladjustment in the Middle East grows by the day. ISIS not only destroys economic freedom in the lands they hold but also hampers the activities of the entire region.

War disrupts economies and ISIS is hardly the first to do so successfully. However, when wars are over many of the previous commercial lines will resume, and with effort, a nation will slowly return to its former self. In a few cases, nations like Iraq can even improve their economy by building updated infrastructure that catalyzes business growth.

ISIS isn’t a typical country engaged in cross-border fighting like we have experienced in the past. It is a a new nation spawned from the villages of other nations that seeks to globalize their brand to create new systems to ensure their empire continues to expand. ISIS ideology comes with new (old) ideas about commerce, economic exchange, and currency based in Eastern traditions and supported by millions of people.

If Afghanistan and Libya are examples, the future of the area doesn’t look bright unless things change. According to the World Bank, the % of GNP growth in Afghanistan and Libya are projecting downward trends until 2017 when problems are expected to stabilize. The difference is that ISIS, with their restrictive ideology, will hold those numbers down much longer.

The economic problems of Syria and Iraq also impact their regional trading partners. Turkey and surrounding countries have experienced slower growth over the past few years. These nations have an economic stake in ensuring ISIS doesn’t remain and should consider putting more effort into collaboration and counter-initiatives.

ISIS is one more challenge the world must overcome as many challenges before. Friedrich Nietzsche eloquently stated, “That which does not kill us makes us stronger.” It is possible that Iraq’s and Syria’s economy could emerge out of this crisis stronger if they resolve their sectarian differences. Overcoming this challenge will require Shia and Sunnis to work together to reconcile their disputes by creating a new national identity that shuns division. Abundance can return again to the Cradle of Civilization between two rivers.

Wednesday, May 7, 2014

Call for Papers: EBMC 2014 - The European Business and Management Conference



July 3-6, 2014 - The Thistle Hotel
Brighton, United Kingdom
Abstract Submission Deadline Extended: May 15

2014 Conference Theme: "Individual, Community and Society: Conflict, Resolution and Synergy"

The International Academic Forum in conjunction with its global university partners is proud to announce the Inaugural European Business and Management Conference, to be held from July 3-6, 2014, at the Thistle Hotel Brighton, in the United Kingdom.

The European Business and Management Conference offers the occasion for wide-ranging, interdisciplinary discussion covering both policy and research in Europe, and beyond. EBMC 2014 will again bring together experts and leaders from the academic and business world to consider some of the pressing issues scholars and academics are facing in an open forum; seeking to define questions, pursue answers, search for research synergies and more; to both reflect on the recent past, and look forward, to exchange ideas and findings, in the exciting environment of an IAFOR event.

Journals

Publishing Opportunities: Authors of Accepted Abstracts will have the opportunity of publishing their associated paper in the official conference proceedings, and a selection of papers will be considered for inclusion in the internationally reviewed IAFOR journals associated with the conference. For more information about the IAFOR Journal of the Business and Management and other journals, please visit the IAFOR website under "Research". www.iafor.org

Web address: http://iafor.org/ebmc