Belfer Center Home > Experts > Mohamad M. Al-Ississ

« Back to Mohamad M. Al-Ississ

Mohamad M. Al-Ississ

Mohamad M. Al-Ississ

Kuwait Foundation Visiting Scholar (Spring 2014), Middle East Initiative

 

 

By Date

2009

November, 2009

Applying For-Profit Principles in Water Management and Agricultural Policy in the Middle East and North Africa

Policy Brief

By Mohamad M. Al-Ississ, Kuwait Foundation Visiting Scholar (Spring 2014), Middle East Initiative

Through its partnerships with the government, the agricultural sector in the MENA has long engaged in dubious accounting practices to raise its reported profits through artificially suppressing its costs. This has led to the current unsustainable exploitation of the scarce water resources in the region.

 

 

November, 2009

The Cross-Border Financial Impact of Violence

Working Paper

By Mohamad M. Al-Ississ, Kuwait Foundation Visiting Scholar (Spring 2014), Middle East Initiative

 

This paper argues that violent events have two economic effects: a direct loss from the destruction of physical and human capital, and a reallocation of financial and economic resources. It documents the positive cross-border impact that follows violent events as a result of this reallocation. Thus, it reconciles the two existing perspectives in the literature on whether violence has a small or large economic  effect.  Our results show that, in globally integrated markets, the substitution of financial and economic activities away from afflicted countries magnifies their losses. This study evaluates certain factors affecting the impact of violence in non-event countries. Geographic distance from the event country is not monotonic in its effect on the valuation of equities of other countries. Also, the safer a non-event country is perceived to be relative to the event country, the greater the positive impact on its financial market. Finally, event countries with deeper financial markets are less susceptible to capital reallocation following an event.

 

 

 

March 11, 2009

Listen to "The Cross-Border Impact of Violent Events" with DI Fellow, Mohamad Al-Ississ

Event Report

By Mohamad M. Al-Ississ, Kuwait Foundation Visiting Scholar (Spring 2014), Middle East Initiative

In a Dubai Initiative Brown Bag Seminar on February 18, 2009, DI Fellow Mohamad Al-Ississ discussed the cross-border impact of violent events.

 

SUBSCRIBE

Receive email updates on the most pressing topics in science and int'l affairs.

Events Calendar

We host a busy schedule of events throughout the fall, winter and spring. Past guests include: UN Secretary-General Ban Ki-moon, former Vice President Al Gore, and former Russian President Mikhail Gorbachev.