2015 Media Coverage

A listing of Dr. Ghadar's articles and features in all publication during 2015. Last updated 2/10/2016.

Grey Zones of Europe


December 29th, 2015

Dr. Ghadar talks about the dynamics of the Islamic State(IS) and how they seek to exploit Western countries' conservative foreign policy approaches. Many Muslims in the Middle East feel as though they have to join a side. In this case, associating themselves with Western culture and ideas is inhospitable. Therefore, they are drawn to the ranks of the IS. As Western countries become more invasive and active in their policies and actions to curb the influence of the IS, the "grey area" will only disappear more. Thus, this outcome plays directly into the hands of the IS.

It's Time for the IMF to Recognize the Importance of Yuan


November 25th, 2015

Dr. Ghadar contends that the Chinese currency, the Yuan, now meets the requirements to be included in the International Monetary Fund’s basket of currencies. 

What Does Being a World-Power Have to do With Character?


September 30th, 2015

Dr. Ghadar believes that world powers have a moral obligation to help in the Syrian refugee crisis. He cites statistics about how many refugees Sweden has taken in from Syria this year. America must act with the same character it did following WWII and the Vietnam War and accept more Syrian refugees, three quarters of which are women and children.

Emerging Clusters Take Up the Technology Challenge

Area Development Online

September 17th, 2015

Dr. Ghadar offers an explanation for the emergence of the technology industry in concentrated areas: “This is entirely understandable”, notes Dr. Fariborz Ghadar, Chair of Global Management, Polices, and Planning at Penn State SMEAL College of Business. “Many of these industries sort of depend on each other; hardware and software need to be coordinated and people need to talk to each other,” he says. “Yes, you can pick up the phone from anywhere, but that just doesn’t cut it. You need to interact with people. There also is the financing element and even the social element. People around you have to be familiar with the industry; you talk with them and you move forward.”

Immigration and the Pope—What is the Issue?


September 2nd, 2015

Immigrants are an integral part of the cultures of societies all over the world, but they often face hardships in foreign environments that are reluctant to support them. In a globalized economy, immigrants are a necessity for future innovation and economic expansion. Immigration promises to be a prominent part of the public discourse over the next year. Pope Francis, the son of Italian immigrants who escaped from Mussolini’s fascist regime, routinely advocated for immigrants during his visit to the U.S. and, as the 2016 presidential campaign ramps up, it figures to be a hot-button issue. It will be interesting, and revealing, to learn of the candidates’ positions on the subject.

Exports From The Valley Are At An All-Time High

The Morning Call

August 8th, 2015

Dr. Ghadar comments on the changing state of the economy and the rising dominance of ecommerce: “The Internet, along with a decline in natural gas prices, generally has made it easier for smaller companies to do worldwide business”, said Fariborz Ghadar, professor of global management, policies and planning at Penn State University.

"Smaller businesses generally did not even consider going overseas, because it was just too tedious," he said. But with the Internet, "the logistics of doing international trade have become much, much easier."

The GOP Can’t Let The Donalds’ 2016 Ambitions Trump its own: Fariborz Ghadar


July 29th, 2015

In an op-ed, Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and director of the Center for Global Business Studies, made the case that the longer Donald Trump is afforded any legitimacy, the less chance there is for a viable Republican candidate for president to emerge.

Promise, Risk Await Post-Sanction Iran


July 14th, 2015

Dr. Ghadar comments on the lifting of sanctions against Iran: “As sanctions are relieved and Iran’s dismal exchange rate improves, buying power will also increase”, saysFariborz Ghadar, senior adviser at the Center for Strategic and International Studies and professor at Penn State.

“The GDP of Iran is twice that of Greece, and the population is seven times of Greece, much younger, much more entrepreneurial, and much more willing to buy stuff,” he says.

OPEC Eyes New Normal as U.S. Shale Firms Hang Tough

Investor’s Business Daily

June 5th, 2015

Dr. Ghadar is quoted on the changing dynamics of the oil industry: “The only guy that would have been willing to reduce production is Saudi Arabia, and there is no reason for them to do that,” said Fariborz Ghadar, director of the Center for Global Business Studies at Penn State. “Even if Saudi cuts back, fracking comes back and basically takes its place.” Dr. Ghadar is also quoted saying that Saudi Arabia has enough cash reserves to weather several years of this low-price environment.

5 Reasons To Add Tunisian Olive Oil To Your Shopping List!

Zester Daily

May 26th, 2015

Dr. Ghadar comments on the prominence of olive oil in Tunisia’s economy: ““It’s a pretty substantial sector for the country’s economy,” says Fariborz Ghadar, professor of global management, policies and planning at Penn State’s Smeal College of Business.”

Other Cities Should Follow NYC Municipal Identification Card Program

Huffington Post

May 4th, 2015

Dr. Ghadar states that other cities should adopt New York City’s ID cards which links people to the bank. This is particularly useful for people who otherwise would not have access to banking services: “By making banking services accessible, the municipal ID cards force remittances to be earned, to be sent, and to land with integrity, exactly in the hands for whom they were intended.”

Why Financial Inclusion Depends on Lending

Profit Magazine

May 2015

Dr. Ghadar is quoted in a Profit Magazine article:

Opening an account is only the first step toward financial inclusion. To really bring the unbanked into the financial system, they need access to loans. “You need a relationship other than just opening a bank account,” says Fariborz Ghadar, distinguished scholar and senior adviser at the Center for Strategic and International Studies, a bipartisan nonprofit in Washington DC that seeks practical solutions to the world’s most pressing problems.”

If We Don’t Reform, Can We Still Be Called The Land Of Opportunity?

Huffington Post

April 28th, 2015

Dr. Ghadar believes that increasing numbers of immigrants will round-out the U.S. laborfoce while not taking jobs away from Americans: “Because foreigners are striving for different types of employment than native-borns, they are bimodal, actively filling the gaps in our labor force at the bottom and the top.”

Strong Dollar Hurting U.S. Steel Mills as Imports Flood Market

Bloomberg News

March 24th, 2015

Dr. Ghadar comments on the steel industry: “Here’s an economy that’s doing really, really well but the steel industry is being hurt,” Fariborz Ghadar, director of the Center for Global Business Studies at Pennsylvania State University, said in an interview.

“The euro is down 40 percent in just the past year,” he said. “If you’re competing with the Belgian steel industry, can you really compete with that?” he asked. “Really you can’t.”

The Little Hybrid Might Still be the Right Choice

Wilkes-Barre Times-Leader

March 24th, 2015

Dr. Ghadar evaluates the current and future positions of oil prices. He comments on Saudi Arabia’s ability to affect market prices. Furthermore, while the United States is one the main producers responsible for the increase in the global supply of oil, the country is in a less favorable position to withstand this market volatility: “Yet other countries, such as the United States, won’t be as easily able to continue the historical expansion of their production. Even with the newly developed, efficient horizontal fracking, U.S. shale costs $40 to $70 a barrel to produce.”

No Conspiracy When It Comes to Saudi Arabia Oil Price Plummets

Oil & Gas Monitor

March 23rd, 2015

Dr. Ghadar debunks any myths of conspiracy behind the sudden drop in oil prices. He simply states the economic principle of supply and demand. He further believes that Saudi Arabia is only acting out of self-interest when the country keeps its oil production constant despite dropping oil prices. The Saudis are trying to maintain their long-term market share: “But this speculation is unfounded and false. Saudi Arabia is acting purely out of self-interest. Its goal is to preserve its long-term dominant market position in an industry recently challenged by a new producer, the United States.”

Here's One Way to Attract the Best and Brightest to the U.S. - and Keep Them Here


March 3rd, 2015

Dr. Ghadar contends that unless the United States accepts the Immigration Innovation and Startup Act, the country will continue to limit the future possibilities for future innovation: “We must realize the vital role highly skilled immigrants play in keeping our country on the frontier of this technologically advanced and ever-evolving world and pass the Immigration Innovation Act and Startup Act immediately.”

Does it Cost More to Keep Unauthorized Immigrants in the U.S. or Deport Them?


January 29th, 2015

“If we want farm workers here we need to organize them in a better way,” said Fariborz Ghadar, founding director for the global business studies at the Smeal School of Business at Penn State University. “They do pay taxes and contribute to the economy but don’t always get the benefits,” he said.

Saudi Succession Stirs Oil Markets, But Stability Expect -- For Now

U.S. News and World Report

January 23rd, 2015

“Oil policy in Saudi Arabia is really made by a number of people, so it’s not like Abdullah dying is going to cause major changes," says Penn State professor Fariborz Ghadar, an expert in Middle East energy policy and a distinguished scholar at the Center for Strategic and International Studies. "They have a technocrat group which is extremely competent.”

China Premiere Lays Out Economic Reform Plan

Women’s Wear Daily

January 22nd, 2015

Dr. Ghadar comments on the current economic changes in China: “There’s probably going to be a real estate crisis there,” he said. “The difference between China and Europe is that China is sitting on more than a trillion dollars of reserves so they can basically spend their way out of the problem.”