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    • All HBS Web  (96)
      • Faculty Publications  (24)

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      • 2022
      • Article

      Indonesia and the Third Indochina War: The End of Containment

      By: Mattias Fibiger
      The Third Indochina War called forth dramatic changes in the international relations of Southeast Asia. Foremost among these changes was a shift in the geopolitical orientation of the Association of Southeast Asian Nations (ASEAN). The organization’s founders...  View Details
      Keywords: Cold War; War; National Security; Southeast Asia; Indonesia; China
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      Fibiger, Mattias. "Indonesia and the Third Indochina War: The End of Containment." Journal of American-East Asian Relations 29, no. 3 (2022): 240–270.
      • 2022
      • Chapter

      When Fifth Columns Fall: Religious Groups and Loyalty-Signaling in Erdoğan's Turkey

      By: Kristin Fabbe and Efe Murat Balıkçıoğlu
      This chapter investigates the role that fifth-column claims play in authoritarian politics. Specifically, it examines how fifth-column claims against the Gülen Movement have transformed the relationship between the Turkish state and both official (state-sanctioned)...  View Details
      Keywords: Fifth Columns; Gülen Movement; Political Islam; Government and Politics; Religion; Turkey
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      Fabbe, Kristin, and Efe Murat Balıkçıoğlu. "When Fifth Columns Fall: Religious Groups and Loyalty-Signaling in Erdoğan's Turkey." Chap. 10 in Enemies Within: The Global Politics of Fifth Columns, edited by Harris Mylonas and Scott Radnitz, 248–270. New York: Oxford University Press, 2022.
      • 2022
      • Chapter

      State-Formation, Statist Islam, and Regime Instability: Evidence from Turkey

      By: Kristin Fabbe
      Religion, and particularly the forces of political Islam and state secularism, have been central to discussions of regime stability in the Turkish case. Intense polarization, political instability, and military interventions have propelled Turkey into crisis about once...  View Details
      Keywords: Ottoman Empire; Regime; State Secularism; Political Islam; Democracy; Autocracy; Religion; Government and Politics; Turkey
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      Fabbe, Kristin. "State-Formation, Statist Islam, and Regime Instability: Evidence from Turkey." In The Oxford Handbook of Politics in Muslim Societies, edited by Melani Cammett and Pauline Jones. New York: Oxford University Press, 2022.
      • 2022
      • Book

      Ripe for Revolution: Building Socialism in the Third World

      By: Jeremy Friedman
      A historical account of ideology in the Global South as the postwar laboratory of socialism, its legacy following the Cold War, and the continuing influence of socialist ideas worldwide.

      In the first decades after World War II, many newly independent...  View Details
      Keywords: Socialism; Economic Systems; Globalization; Government and Politics; Developing Countries and Economies
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      Friedman, Jeremy. Ripe for Revolution: Building Socialism in the Third World. Cambridge, MA: Harvard University Press, 2022.
      • March 2020 (Revised November 2020)
      • Case

      FinTech Hive at DIFC: Creating a Fintech Ecosystem in Dubai

      By: Marco Di Maggio and Gamze Yucaoglu
      The case opens in 2019 as Raja Al Mazrouei, executive vice president of FinTech Hive (the Hive) at the Dubai International Financial Centre (DIFC), the first and largest financial technology accelerator in the Middle East, Africa and South Asia region, contemplates her...  View Details
      Keywords: Fintech; Emerging Markets; Business Startups; Venture Capital; Management; Information Technology; Growth Management; Financial Markets; Financial Institutions; United Arab Emirates; Middle East; Dubai
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      Di Maggio, Marco, and Gamze Yucaoglu. "FinTech Hive at DIFC: Creating a Fintech Ecosystem in Dubai." Harvard Business School Case 220-066, March 2020. (Revised November 2020.)
      • January 23, 2020
      • Article

      Sanctions and the End of Trans-Atlanticism: Iran, Russia, and the Unintended Division of the West

      By: Rawi Abdelal and Aurélie Bros
      Sanctions have become the dominant tool of statecraft in the United States and other Western states, especially the European Union, since the end of the Cold War. But the systematic use of this instrument may produce unintended and somewhat paradoxical geopolitical...  View Details
      Keywords: Geopolitics; Economic Sanctions; International Relations; United States; Russia; Iran; Europe
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      Abdelal, Rawi, and Aurélie Bros. "Sanctions and the End of Trans-Atlanticism: Iran, Russia, and the Unintended Division of the West." Notes de l'Ifri (January 23, 2020). (Also published as "The End of Transatlanticism? How Sanctions Are Dividing the West," Horizons, no. 16 (spring 2020), pp. 114-134.)
      • 2020
      • Chapter

      Business, Ethics and Institutions. The Evolution of Turkish Capitalism in a Comparative Perspective

      By: Asli M. Colpan and Geoffrey Jones
      This chapter offers a survey of the evolution of Turkish capitalism from the 19th century Ottoman Empire until the present day. It shows that Turkish business over the last century and a half was shaped in an institutional context similar to those in many developing...  View Details
      Keywords: Business Groups; Capitalism; Entrepreneurship; Ethics; Government and Politics; History; Religion; Business History; Turkey; Central Asia; Middle East
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      Colpan, Asli M., and Geoffrey Jones. "Business, Ethics and Institutions. The Evolution of Turkish Capitalism in a Comparative Perspective." Chap. 1 in Business, Ethics and Institutions: The Evolution of Turkish Capitalism in Global Perspectives, edited by Asli M. Colpan and Geoffrey Jones, 3–22. New York: Routledge, 2020.
      • 2020
      • Chapter

      Islamic Capitalism and the Rise of Religious-Conservative Big Business

      By: Kristin Fabbe, Űmit Őzlale and Efe Murat Balikçioğlu
      This chapter argues that the rise of “Islamic capitalism” and the country’s so-called “conservative bourgeoisie” owes much to the pragmatism and agility of Islamic actors who are quick to seize upon new economic and political opportunities by leveraging religious...  View Details
      Keywords: Islamic Capitalism; Economic Systems; Religion; Values and Beliefs; Government and Politics; Power and Influence; Turkey
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      Fabbe, Kristin, Űmit Őzlale, and Efe Murat Balikçioğlu. "Islamic Capitalism and the Rise of Religious-Conservative Big Business." Chap. 5 in Business, Ethics and Institutions: The Evolution of Turkish Capitalism in Global Perspectives, edited by Asli M. Colpan and G. Jones, 97–122. New York: Routledge, 2019.
      • 2019
      • Chapter

      Political Islam

      By: Kristin Fabbe and Efe M. Balıkçıoğlu
      The Routledge Handbook of Turkish Politics pulls together contributions from many of the world’s leading scholars on different aspects of Turkey. Turkey today is going through possibly the most turbulent period in its history, with major consequences both...  View Details
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      Fabbe, Kristin, and Efe M. Balıkçıoğlu. "Political Islam." Chap. 4 in The Routledge Handbook of Turkish Politics, edited by Alpaslan Özerdem and Matthew Whiting. Routledge, 2019.
      • January 2019
      • Teaching Note

      Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic

      By: Jeremy Friedman
      Keywords: Iran
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      Friedman, Jeremy. "Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic." Harvard Business School Teaching Note 719-016, January 2019.
      • November 2018 (Revised April 2019)
      • Technical Note

      Saudi Arabia: A Brief Background

      By: Kristin Fabbe, Natalie Kindred and Safwan Al-Amin
      This note provides a brief overview of the history of Saudi Arabia as well as the economic and political context in 2018. The note is an essential supplement to the case “Almarai Company: Milk and Modernization in the Kingdom of Saudi Arabia,” HBS No. 719-020, but is...  View Details
      Keywords: Kingdom Of Saudi Arabia; Public Policy; Economic Development; Monarchy; Islam; Gulf; GCC; Business And Government; Vision 2030; National Strategy; Economic Diversification; OPEC; Oil; Energy Policy; Strategy; Government and Politics; Policy; Diversification; Economy; Energy; History; Saudi Arabia; Middle East
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      Fabbe, Kristin, Natalie Kindred, and Safwan Al-Amin. "Saudi Arabia: A Brief Background." Harvard Business School Technical Note 719-043, November 2018. (Revised April 2019.)
      • Spring 2018
      • Article

      The Enemy of My Enemy: The Soviet Union, East Germany, and the Iranian Tudeh Party's Support for Ayatollah Khomeini

      By: Jeremy Friedman
      This article examines the strategy of the Iranian Tudeh Party in concert with its Soviet and East German patrons and allies during and after the Iranian revolution of 1979. The article assesses the thinking behind the Tudeh’s strategy of unwavering support for...  View Details
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      Friedman, Jeremy. "The Enemy of My Enemy: The Soviet Union, East Germany, and the Iranian Tudeh Party's Support for Ayatollah Khomeini." Journal of Cold War Studies 20, no. 2 (Spring 2018): 3–37.
      • March 2017 (Revised November 2017)
      • Case

      Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic

      By: Jeremy Friedman
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      Friedman, Jeremy. "Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic." Harvard Business School Case 717-038, March 2017. (Revised November 2017.)
      • 2016
      • Chapter

      Forward-Facing and Behind the Scenes: Shifts in Political Islam in Post-July 15 Turkey

      By: Kristin Fabbe
      Keywords: Turkey; Politics; Islam; Religion; Government and Politics; Turkey
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      Fabbe, Kristin. "Forward-Facing and Behind the Scenes: Shifts in Political Islam in Post-July 15 Turkey." In Contemporary Turkish Politics. No. 22, 12–15. POMEPS Studies. Washington, DC: Project on Middle East Political Science, 2016. Electronic. (Rice University's Baker Institute for Public Policy.)
      • 2010
      • Other Unpublished Work

      God, Government and Outsiders: The Influence of Religious Beliefs on Depositor Behavior in an Emerging Market.

      By: Ayesha K. Khan and Tarun Khanna
      This paper provides evidence that religious beliefs can have a significant impact on individual financial choices. Using proprietary panel data on the distribution of bank deposits across all commercial banks in Pakistan over a 33-month period, I find that Islamic...  View Details
      Keywords: Decision Choices and Conditions; Commercial Banking; Cross-Cultural and Cross-Border Issues; Consumer Behavior; Emerging Markets; Religion; Banking Industry; Pakistan
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      Khan, Ayesha K., and Tarun Khanna. "God, Government and Outsiders: The Influence of Religious Beliefs on Depositor Behavior in an Emerging Market." February 2010.
      • May 2004 (Revised November 2005)
      • Case

      Turkey: Securing Stability in a Rough Neighborhood

      By: Richard H.K. Vietor and Emily Thompson
      After suffering years of volatility and crises, Turkey desperately sought macroeconomic and political stability in an ever-worsening region of the world. In the short term, Turkey had to repay its debt, which amounted to more than 80% of GDP. By January 2004, Turkey...  View Details
      Keywords: Public Sector; Inflation and Deflation; Macroeconomics; Borrowing and Debt; Banks and Banking; International Finance; Privatization; Religion; Turkey; European Union
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      Vietor, Richard H.K., and Emily Thompson. "Turkey: Securing Stability in a Rough Neighborhood." Harvard Business School Case 704-045, May 2004. (Revised November 2005.)
      • March 2002 (Revised March 2008)
      • Case

      Saudi Arabia: Getting the House in Order

      By: Richard H.K. Vietor and Rebecca Evans
      Provides a vehicle to explore Islamic development and political issues within BGIE (business, government, and international economy). Set in early 2002, the case focuses on Crown Prince Abdullah's efforts to liberalize a failing rentier state, that had been dependent...  View Details
      Keywords: Disruption; Development Economics; Non-Renewable Energy; Governing Rules, Regulations, and Reforms; International Relations; Leading Change; Saudi Arabia; Middle East
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      Vietor, Richard H.K., and Rebecca Evans. "Saudi Arabia: Getting the House in Order." Harvard Business School Case 702-031, March 2002. (Revised March 2008.)
      • winter 2000
      • Article

      The Equate Project: An Introduction to Islamic Project Finance

      By: B. C. Esty
      Keywords: Projects; Finance; Information
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      Esty, B. C. "The Equate Project: An Introduction to Islamic Project Finance." Journal of Project Finance 5, no. 4 (winter 2000): 7–20.
      • October 1999 (Revised April 2003)
      • Case

      International Investor, The: Islamic Finance and the Equate Project

      By: Benjamin C. Esty and Mathew M Millett
      Equate Petrochemical Co. (Equate) is a joint venture between Union Carbide Corp. and Petrochemical Industries Co. (PIC) for the construction of a $2 billion petrochemical plant in Kuwait. The sponsors began construction in August 1994, using a bridge loan, and are in...  View Details
      Keywords: International Finance; Project Finance; Religion; Investment; Finance; Mining Industry; Energy Industry; Kuwait
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      Esty, Benjamin C., and Mathew M Millett. "International Investor, The: Islamic Finance and the Equate Project." Harvard Business School Case 200-012, October 1999. (Revised April 2003.)
      • October 1999 (Revised March 2002)
      • Teaching Note

      International Investor, The: Islamic Finance and the Equate Project TN

      By: Benjamin C. Esty and Mathew M Millett
      Teaching Note for (9-200-012).  View Details
      Keywords: Investment; International Finance; Middle East
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      Esty, Benjamin C., and Mathew M Millett. "International Investor, The: Islamic Finance and the Equate Project TN." Harvard Business School Teaching Note 200-013, October 1999. (Revised March 2002.)
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