Recent Publications

Contributions to Books

Chapter 22: Micro Finance, Female Literacy, and Self-Sustaining Economic Growth in Turkey, in Knowledge, Economy & Management, Volume I. Edited by Ibrahim Guran Yumusak. Knowledge Society Publishing, March, 2008, pp.303-315.

"East Asian Economic Performance in Retrospect," Globalization and East Asia: Opportunities and Challenges,  Edited by Khosrow Fatemi, New York:  International Business Press, An Imprint of the Haworth Press, Inc. (London, Oxford), 2006, Chapter 1, pp.3-11.

"Globalization and Future Research Interests on East Asia," Globalization and East Asia: Opportunities and Challenges,  Edited by Khosrow Fatemi, , New York:  International Business Press, An Imprint of the Haworth Press, Inc. (London, Oxford), 2006, Chapter 16, pp. 277-280.

“Islamic Perspectives on Territorial Boundaries and Autonomy,” in Hashmi, S. H. edited Islamic Political Ethics:  Civil Society, Pluralism, and Conflict, Chapter 4, Princeton University Press, 2004, pp. 79-101.

“Trade and Investment Climate in Economic transformation of Selected Countries,” in Fatemi, K. and Jourdan, D., edited, Contemporary Developments in International Business, Paris, France:  Editions Eska 2002,  Chapter 6, pp. 79-92.

"Restoring Growth in Asia: A Reexamination of Trade and Investment," in Khosrow Fatemi edited International Public Policy and Regionalism at the Turn of the Century, Chapter 17, U.K.: Pergamon Press/Elsevier Science, 2001.

"The Causes and Implications of the 1997 Collapse of the Financial Markets in East Asia," in Meric, I., and Meric, G., edited Global Financial Markets at the Turn of the Century, Chapter 8, U.K.: Pergamon Press/Elsevier Science, 2001.

"Islamic Perspective on Territorial Boundaries and Autonomy," in Miller, D. and Hashmi,S.H. edited Boundaries and Injustice: Diverse Ethical Perspectives, Chapter Nine, Princeton and Oxford: Princeton University Press, 2001

Refereed Journal Articles

“Riba (Usury), and the Place of Interest in Islamic Banking and Finance,” the International Journal of Banking and Finance, 2008/09, Volume 6 No. 1, August-September, 2008, pp. 1-16.

"Foreign Direct Investment in West Asia and Emerging Alliance for Growth and Transformation," The Journal of Global Business 16(30):31-39 (2005).

"Flow of Foreign Direct Investment: An Examination of Economic and Non-Economic Factors," The International Journal of Finance, Volume 16, No.01, 2004, pp.2892-2903.

"Foreign Direct Investment and Host Countries Trade Balance: An Empirical Study of Selected Transition Economies of Europe and Asia," coauthored with Hormoz Movassaghi and Fahri Unsal, the Journal of Global Business, Volume 14, No. 27, Fall 2003, pp. 31-42.

"Interest-Free Islamic Banking: Ideals and Reality," coauthored with Hormoz Movassaghi, International Journal of Finance, Vol. 14, No. 4, 2002, pp. 2428-2443.

“An Empirical Investigation of the Relevance of Investment Development Path and FDI on the Stage of Economic Development,” coauthored with Fahri Unsal, the Journal of Global Business, Volume 13, No. 25, Fall 2002, pp. 55-67.

“Trade Impact of Western MNC’s Foreign Direct Investment in Central and Eastern Europe:  A Longitudinal Analysis,” with Hormoz Movassaghi and Fahri Unsal, in the Journal of Current Research in Global Business, Volume 4, No. 6, Fall 2002, pp. 1-7.

"The Influence of Standard and Poors’ Ranking Changes on Stock Price Performance,” coauthored with Abraham Mulugetta and Hormoz Movassaghi, in Managerial Finance, Volume 28, No. 4, 2002, pp. 19-30.

"Relative Performance of Country-Based Closed-End Funds at Times of Financial Crisis," coauthored with Alka Bramhandkar in The Journal of Current Research in Global Business, Volume 3, No. 4, Fall 2001, pp. 67-78.

“Islamic Banking: A Performance Analysis,” coauthored with Hormoz Movassaghi in Journal of Global Business, Volume 12, No. 22, Spring 2001, pp. 31-38.

Conference Proceedings 

“Towards an Economic Cooperative Zone of Turkic Nations: Aspirations and Bottlenecks,” International Trade & Finance Association, The Berkeley Electronic Press, 2008, paper No. 6 (http://services.bepress.com/itfa/18th/art6).

“Micro Finance, Female Literacy, and Self-Sustaining Economic Growth in Turkey,” in the 6th International

Congress of Knowledge Economy & Management, Istanbul, Turkey, December 26-28, 2007.

"Factors to Gauge to Discover the Directional Move of Currency Prices Using Time Series and Cross Sectional Analysis," with Mulugetta, A., and Mulugetta, Y., in Association for Global Business Eighteenth Annual Meeting, 2006.

"Prospects for Sustained Growth for the Major Emerging Economies in Coming Years, with a Special Reference to Turkey," in the 5th Knowledge, Economy and Management Congress, Turkey, 2006, Proceedings, Volume I, pp. 248-259.

"Assessing the Impact of Turkish Negotiations for Entry Into the European Union on FDI and Trade in the Region," 15th International Conference of the International Trade and Finance Association (2005).

"Globalization, FDI Flows, and Economic Development: Alternative Scenarios for Developed and Emerging Economies," Association for Global Business 17th Annual Meeting (2005).

"The Enlargement of the European Union: An Analysis of the Challenges Ahead," with Unsal, F., in Proceedings of the 2004 Conference of the Association for Global Business, Selected Papes and Abstracts, Paper #47 (2004).

"FDI in West Asia: Rethinking Economic Alliance for Growth and Transformation," Proceedings of the 2003 Conference, Association for Global Business, Atlanta, GA, November 2003.

"The Impact of FDI by Western MNCs on the Trade Balances of Selected Transition Economies of Europe and Asia," with Movassaghi, H. and Unsal, F., in Khosrow Fatemi and Susan E.W. Nichols (eds.), Asia: The Survival Strategies in the Global Economy, Calexico, CA: International Trade and Finance Association, October 2003.

"The Impact of FDI on the Economies of the Central European Countries and the Performance of Foreign MNC's," with Movassaghi, H. Proceedings of the International Trade and Finance Association's National Meeting, Washington D.C., January 2003. In Khosrow Fatemi and Susan E.W. Nichols (eds.), Europe and the New Global Economy, Vol. 1, Chapter 10, Calexico, CA, International Trade and Finance Association, September 2003.

"Investment Development Path Hypothesis and the Stages of Economic Development," with Unsal, F., in Keating, R. edited Proceedings of the 2002 Conference of the Association for Global Business, p. 178, Las Vegas, November 2002.

"Assessing the Nature and Impact of Islamic Banking and Finance," Book of Abstracts of the second International Conference on Banking and Finance (ICBF 2002), p. 76 Crete, Greece, September 2002.

Book Reviews

Graham, Edward M., "Fighting the Wrong Enemy: Anti-global Activists and Multinational Enterprises," 2000, in International Trade Journal, Volume XV, No.2, Summer 2001, pp.257-261.

Seminar Lectures, Panel Member, and Conference Papers

“State of Islamic Economics and the Contribution of Professor, Dr. Sabahattin Zaim,” A Sabahattin Zaim Memorial Lecture, Sabahattin Zaim Symposium, Istanbul Iktisatcilar Dernegi, 20^th December 2008.

“A Historical Discourse on Riba (usury) and Interest in Islam and the Nature of Today’s Islamic Banking and Finance,” National Centre of Excellence for Islamic Studies, Australia, University of Melbourne. A Symposium: Islamic Banking and Finance: Ethics and Financial Practice in Global Perspective. Plenary Session I: Usury and Business Ethics in Islamic Financial transactions, November 20, 2008.

“FDI and Micro Credit as Engines for Promoting Growth of Indigenous Entrepreneurs in Selected Emerging Economies,” co-authored with Fahri Unsal, International Trade and Finance Association, Miami, May 16-19, 2007.

“Asia and the Process of Globalization,” an invited lecture at the Symposium on Islam and the Challenge of Modernity, Nazareth College, March 24, 2007. 

“Islamic Financial Institutions and Instruments: Neither Islamic nor Innovative,” at the Annual Conference of the Eastern Economic association, New York, February 23-25, 2007.

“Factors to Gauge to Discover the Directional Move of Currency Prices Using Time Series And Cross-Sectional Analysis,” co-authored with Abraham Mulugetta and Yuko Mulugetta, Association for Global Business, November 16-18, 2006 (published as an Abstract of the Conference, Abstract Number 27).

"The Enlargement of European Union: An Analysis of the Challenges Ahead" Co-Authored with Fahri Unsal at the Annual Conference of the Association for Global Business, Cancun, Mexico, November 18-24, 2004.

"The European Union and its Enlargement: The Challenges Ahead" Co-Authored with Fahri Unsal at the 57th Annual Conference of the New York State Economic Association, Ithaca, New York, October 8-9, 2004.

"FDI in the Middle East and Selected Countries by Western MNC: Alternative Strategies for Investment and Economic Growth," at the 14th International Conference of the International Trade and Finance Association, San Antonio, Texas, May 19-22, 2004.

"Economic and Non-Economic Factors in the Flow of Foreign Direct Investment: An Examination," at the Inaugural International Conference on Business, Banking, and Finance, Trinidad and Tobago, West Indies, April 27-29, 2004.

"FDI in the Middle East and Selected Countries: Rethinking Economic Alliance for Growth and Transformation," at the 15th International Conference of the Association for Global Business, Atlanta, Georgia, November 20-22, 2003.

"The Impact of FDI by Western MNCs on Trade Balances of Selected Transition Economies of Europe and Asia," co-authored with Hormoz Movassaghi and Fahri Unsal, at the Allied Social Sciences Conference, Washington, D.C., January 2-5, 2003.

"Investment Development Path Hypothesis and the Stages of Economic Development," co-authored with Fahri Unsal, at the 2002 Conference of the Association for Global Business, Las Vegas, November 21-23, 2002.

"Islamic Banking and Finance: Assessing the Need of the Present and the Future," at the 2002 Oxford Banking Forum, Jeddah, Saudi Arabia, September 21, 2002.

"Assessing the Nature and Impact of Islamic Banking and Finance," presented at the 2nd International Conference on Banking and Finance, held at Crete, Greece, August 9-12, 2002.

"The Impact of Foreign MNC's Direct Investment Strategies on the Trade Balances of Host Countries: An Empirical Analysis of Central & East European Countries," co-authored with Hormoz Movassaghi and Fahri Unsal and presented at the 12th International Conference of the International Trade & Finance Association, Bangkok, Thailand, May 29-June 2, 2002