JMH ARTCITLES, LETTERS, OPINIONS & KEYNOTES
All articles, letters, opinions and keynote speeches authored by Dr. Jawad M. Hashim
Articles, letters, opinions and keynote speeches
The purpose of this document is to set the record straight. Written a quarter of a century after the creation of INVESTCORP, it will show how this unique investment entity was conceived, developed and implemented under the auspices of the Arab Monetary Fund and its President, Dr. Jawad Hashim. The period to which it refers is 1977 to 1984. The story is divided into twelve (12) sub-chapters, starting with Chronology of Events page and ending with Appendixes page which in itself provides ten (10) links to multipage PDF documents.
However, for the last quarter of a century, Dr. Hashim lived with the agony of witnessing others who falsely claim that INVESTCORP was their “brainchild.” Here, Jawad Hashim gives a rare insight into the true story behind the creation of INVESTCORP. I do so because there is no agony like bearing an untold story inside oneself.
This is an extract of Dr. Jawad Hashim’s article “The Shape Of The Post Gulf War, Middle-East” which became part of U.S. Congressional Record. Part of that written opinion dealt with the background of the Arab region. The Arab Countries: At a Glance describes characteristics of the Arab countries that still apply now at present time.
Over two decades ago, immediately after the invasion of Kuwait by Saddam Hussein, United States Congress member (later Presidential candidate) Paul Simon sought Dr. Jawad Hashim’s opinion on his view of the Middle East post Gulf War. Hashim provided Mr. Simon his written opinion on The Shape Of The Post Gulf War, Middle-East. It became part of U.S. Congressional Record. Part of that written opinion dealt with the background of the Arab region.
Two companies that signed contracts worth a total of $1.7 billion with the Ministry of Electricity to build power plants in Iraq have turned out to be fake. On August 2. 2011, Dr. Jawad Hashim sent a letter to Prime Minister Nouri al-Maliki outlining the details of his findings. The first contract – a $ 1.2bn deal signed between the Ministry of Electricity and Canadian firm Capgent in July – was discovered to be fraudulent when Hashim, a resident of Vancouver where the firm was allegedly based, went to visit its headquarters only to find that the company didn’t exist. Further investigations uncovered that the German firm Maschinebau Halberstadt (MBH) with which the Ministry signed a $ 5 million, also in July, was declared bankrupt on January 11, six months before formalizing the Iraqi energy deal.
Dr. Jawad Hashim discussed Iraq and America’s strategic relationship during a keynote/lecture at Walter Reed Army Medical Center on Tuesday, March 22, 2011.
Keynote speech by Jawad Hashim, presented at the Royal Canadian Military Institute, on Wednesday, April 21, 2010. Hashim discussed Iraq’s past history, present times and the country’s future. The content of this particular keynote (along with the document & slideshow files) was updated and slightly more different than the keynote presented at the Walter Reed Army Institute Of Research, Washington DC, on Wednesday, December 16, 2009. In his keynote address, Dr. Hashim began with a short historical outline of Iraq, after which he provided basic information about the structure of Iraq’s population and administration. He then provided further statistical data about Iraq until 1980, i.e. prior to Saddam’s absolute rule, followed with a short description of Iraq under Saddam. Hashim concluded his keynote by going into the success story of liberated Iraq; and Canada’s role in the liberated Iraq.
Keynote speech by Jawad Hashim, presented at the Walter Reed Army Institute of Research, Washington DC, on Wednesday, December 16, 2009. Hashim discussed Iraq’s past history, present times and the country’s future. In his keynote address, Dr. Hashim began with a short historical outline of Iraq, after which he provided basic information about the structure of Iraq’s population and administration. He then provided further statistical data about Iraq until 1980, i.e. prior to Saddam’s absolute rule, followed with a short description of Iraq under Saddam. Hashim concluded his keynote by going into the success story of liberated Iraq; and America’s role in the liberated Iraq.
This study was first published in International Statistical Institute in 1972, by Dr. Jawad M. Hashim when he was Minister of Planning in Iraq at that time. The purpose of this study was to discuss some practical problems inherent in determining the amortization, in order to fill the various gaps that existed and indicated solutions that were consistent with the needs of accountants.
The following letter prepared by three leading Arab and Muslim intellectuals calls on the United Nations Security Council to proceed to the establishment of an International Tribunal to prosecute individuals, groups, or entities including, but not limited to, Muslim clerics, who issue religious edicts (“fatwas”) inciting terrorist acts.
Successful post-conflict reconstruction does not begin “the day after.” It begins “the day before.” For that purpose, well before the liberation of Iraq, the U.S. Administration, together with several research institutes, think-tanks, and scores of Iraqi technocrats, have prepared a wealth of studies, reports, documents, and seminars on the subject of post-Saddam Iraq. Quarter a century of totalitarian regime has virtually decimated Iraq civil society and destroyed almost all independent institutions that could have paved the path for a smooth and eventless transition to a democratic form of government. Thus, reconstructing post- Saddam Iraq calls for a coherent strategy of interrelated phases for the reconstruction of almost all aspects of Iraqi life. This task is a challenge and, at the same time, a great opportunity for opening the gates for a new, prosperous and democratic Middle-East. Indeed it is a history in the making to reshape the entire region in a manner that cleans-up the anomalies inherited from the demised Ottoman Empire and what followed it. In undertaking this challenge, the West led by the United States can play the pivotal role in the reshaping process. In my opinion, the United States should not leave this historic challenge to the antiquated bureaucracy of the United Nations or to the diverse interests of members of the Security Council who, until recently, extended a life-line to Saddam Hussain. Simply stated, the ultimate goal of reconstructing Iraq should be the creation of necessary and fundamental structures for democracy and sound economic growth which will be a powerful model for others to follow.
On December 15, 2005, national elections took place in Iraq. On December 21, 2005, uncertified partial results were published by The Independent Electoral Commission of Iraq (IECI). In summary, the IECI is fully independent of the legislative, legal, and executive branches of the State of Iraq. It is the only electoral authority in Iraq.
The Future Relationship Between Energy Demand, OPEC & the Value of the Dollar;
Presented to the Conference Board in Europe, Brussels: December 14, 1978;
published in the OAPEC Bulletin, January 1979 and in The Journal of Energy and Development, Vol. VI, No.1, University of Colorado; 1980.
An Understanding of the Importance of Arab/Islamic Funds Available for Development Projects & Economic Support; Presented to the Financial Times Conference on Business in the Gulf, London; January 30, 1979.
A Comment on Floating Exchange Rates; Presented to the Bermuda Conference; February 1979.
Measures to Restore International Financial Confidence & Stability; Presented to the Annual Meeting of the American-Arab Association for Commerce & Industry, Inc. , New York; May 15, 1980.
Current Economic & Financial Development in the World and Arab Economies; Presented to the Seventh Annual Conference of the Inter Arab Cambist Association, Hong-Kong; June 1, 1980.
Towards a Gulf Monetary Area, Issues in Development: The Arab Gulf States; Published in MD Research & Services, London; 1980.
The Creation of the AMF: Is it a First Step Towards Arab Monetary Integration; Presented to the Inter Arab Cambist Association Meeting, Kuwait; March 26-29, 1981.
Oil, Foreign Exchange & Financial Discipline; Presented to the 59th Annual Meeting of the Bankers’ Association for Foreign Trade, Boca-Raton, Florida; May 31 – June 4, 1981.
Notes on Arab National Economic Plans: Imbalances; Presented to the CBI-COMET Conference on Middle-East Development Plans, London; Sep. 1981.
OPEC & The International Oil Market: A Proposal for Cooperation; Paper presented at Colloquium on Euro-Arab cooperation, Arab-European Chamber of Commerce, Brussels; April 20-22, 1983.
What Next for OPEC? — Institutional Investor, New York; June 1983.
The Shape of the Post-Gulf War: Middle-East; US Congressional Record, Vol. 137, No. 30; February 22, 1991.
Financial Services & Middle-Eastern Politics; 15th Annual Symposium on Banking in the International Environment, Thunderbird: The American
Graduate School of International Management (Arizona, USA); January 1994.
Post-War Iraq: An Opinion on Political Role & Business Opportunities; Key Note Speech, The Albany Club, Toronto; April 22, 1991.
Reconstruction of Iraq: Post-Saddam Hussain; Paper presented to the Spring Conference of the Atlantic Council of Canada, and presented to the
Royal Canadian Military Institute; May 2003.
INVESTCORP – The True Story Of Its Creations; 2008.
Arab Countries: At a Glance; 2010.