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1. PolicyWatch #1396: Financial Crisis Grips Fayad Government

Author:
Mohammad Yaghi
Publication Date:
08-2008
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Palestinian prime minister Salam Fayad recently appealed to the World Bank in an effort to bridge the current budget gap preventing the Palestinian Authority (PA) from paying government salaries this month. Despite a three-year $7.5 billion assistance pledge from the 2007 Paris donor conference, the PA remains in a financial crisis, with a projected shortfall of $400 million for the second half of 2008, as reported by the Ad Hoc Liaison Committee in May. Since Fayad's technocratic government has no independent political base, its legitimacy stems from the PA's financial solvency. He has survived ongoing attacks from rival Fatah leaders only because Palestinian president Mahmoud Abbas recognizes him as the linchpin to Western donor assistance. If the financial crisis persists, however, Fayad's political future is in doubt.
Topic:
Government, International Political Economy, Financial Crisis, and World Bank
Political Geography:
Middle East and Palestine

2. Special Policy Forum Report: The Middle East and the World Bank, Post-September 11

Author:
Jean-Louis Sarbib
Publication Date:
03-2002
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Even prior to September 11, the World Bank emphasized the links between economic development, hopelessness, acts of desperation, and terrorism. To be sure, there is no one-to-one connection between poverty and terrorism, but surely poverty feeds hopelessness, which then creates an enabling environment for terrorism. Living in a society with such despair, terrorists can perceive and present themselves as champions of the poor. The acts that were perpetrated on September 11 proved that building a wall around the prosperity of a particular region of the world simply does not work. The world is truly globalized and unified; events and problems know no borders.
Topic:
Security, Religion, Terrorism, and World Bank
Political Geography:
Middle East and Arabia

3. Special Policy Forum Report: Iran – Reformist Blues, Economic Woes

Author:
Afshin Molavi
Publication Date:
11-2002
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Iran has been experiencing nationwide student demonstrations this week, touched off by a hardline court's recent decision to sentence Tehran professor Hashem Aghajari to death for advocating reform of the Shi'i clergy. Although Aghajari's message was well within the mainstream of traditional Shi'a thought, it presented a challenge to the hardline clerics, who insist on a far-reaching revision of Shi'a that includes unquestioning obedience to ruling clergy. The death sentence was meant to send a message to other midranking academics within the reformist movement. Yet, the hardliners' grave miscalculation about the reaction of the Iranian street has led to protests in Tehran, Tabriz, and other Iranian cities.
Topic:
Security, Religion, and World Bank
Political Geography:
United States, Iran, Middle East, and Arab Countries