Hubungan Strategis AS-Uni Soviet

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Oleh Asep Setiawan

Pendahuluan

Untuk melihat pola hubungan strategis antara dua negara adidaya, Amerika Serikat dan Uni Soviet, maka salah satu penjelasan dapat dimulai dari sejak berakhirnya Perang Dunia II. Situasi dunia setelah PD II selesai muncu dua negara pemenang perang yang saling berebut pengaruh yakni AS dan Uni Soviet.

AS beraliran liberalisme-kapitalisme sedangkan Uni Soviet menganut komunisme-sosialisme. Dengan dua kekuatan maha besar yang semua bersatu ini kemudian saling curiga dan membentuk dua kubu, maka dunia sesudah PD II disebut-sebut sebagai era Perang Dingin.

Seperti halnya rivalitas negara-negara besar sebelum PD II, rivalitas AS dan Uni Soviet pun ditandai dengan pembentukan aliansi, penggelaran kekuatan, pencarian pengaruh dan dalam tingkat tertentu bentrokan militer.

Makalah ini ditujukan untuk menjelaskan mengapa kedua negara adidaya dalam setengah abad terakhir terlibat dalam perebutan kekuasaan dan pengaruh di muka bumi. Kemudian akan dipaparkan interaksi diantara dua adidaya ini antara 1945-1962, 1963-1978, 1979-1991 dan pasca Perang Dingin.

Penyebab Perang Dingin

Untuk melihat pola hubungan strategis antara dua superpower ini terlebih dahulu kita lihat mengapa dua negara besar ini terlibat dalam persaingan menguasai dunia. Kegley mencatat sejumlah faktor penyebab terjadinya Perang Dingin. Namun perdebatan penyebab Perang Dingin ini masih berlangsung di kalangan sejarawan untuk memastikan apa sebenarnya yang terjadi saat berakhirnya Perang Dunia II.

1. Konflik kepentingan

Menurut logika realisme politik, rivalitas diantara negara adidaya yang baru mncul tak terhindarkan lagi. Dari perspektif ini, tulis Kegley, status AS dan Uni Soviet dalam hirarki tertinggi internasional membuat mereka saling curiga.Menurut Tucker (1990), penyebab utama dari Perang Dingin adalah monopoli kekuasaan yang dipikul dua pihak setelah Perang Dunia II. Hal itu disebabkan kevakuman politik di Eropa yang pernah menjadi pusat sistem internasional. Meskipun demikian seperti ditulis Gaddis (1991) para pemimpin Uni Soviet dan AS menyatakan keinginannya untuk tetap bekerja sama setelah PD II usai. Namun dalam prakteknya karena kepentingan masing-masing untuk menyalurkan aspirasinya dalam sistem internasional menyebabkan terjadinya benturan.

2. Pertentangan Ideologi

Interpretasi lain tentang penyebab terjadinya Perang Dingin adalah karena perbedaan sistem yang dianut AS dan Uni Soviet. Menlu AS James F Byrnes menyebutkan, “terlalu banyak perbedaan ideologis antara AS dan Rusia untuk bekerja sama dalam jangka panjang.” Kemudian Presiden Dwight Eisenhower mengumumkan, AS menghadapi “ideologi bermusuhan dalam tingkat global, karaternya ateis, tujuannya tidak bisa dipercaya dan metodenya busuk.

Oleh karena itu ketidakcocokan ideologis ini mencegah terjadinya kompromi. Seperti perang agama pada masa lalu, Perang Dingin menjadi pertempuran untuk memperebutkan hati dan alam pikiran. Pertikaian itu bermula dari persepsi saling berlawanan yang disebutnya merupakan pertempuran antara baik dan buruk, yang jahat dan yang lurus.

3. Salah Persepsi

Penjelasan ketiga mengenai penyebab munculnya Perang Dingin adalah faktor-faktor psikologis, khususnya salah persepsi dari kedua belah pihak. Aliran yang menganut paham ketiga ini menilai konflik kepentingan dan ideologi merupakan penyebab sekunder. Pendukung alasan ketiga ini menunjukkan memang ada bukti-bukti adanya saling tidak percaya dalam melihat karakter masing-masing.

1. Citra Soviet

Bagi orang Soviet, alasan yang meragukan niat Amerika banyak sekali. Rakyat Uni Soviet hidup dalam memori tentang partisipasi AS dalam intervensi Sekutu atas Rusia tahun 1918-1919. Sekutu ini ingin mempertahankan dari kejatuhan terhadap Jerman tapi ternyata malah jatuh ke tangan kelompok anti Bolshevik. Sikap tidak mengakui Uni Soviet secara diplomatis sampai 1933 juga sangat mendalam dalam memori rakyat.

1. Citra AS

Sebaliknya AS juga memiliki citra tersendiri terhadap Uni Soviet. AS merasa tidak mempercayai Uni Soviet. Misalnya, Stalin menyatakan tidak adakan membubarkan mobilisasi angkatan bersenjata tahun 1946. Padahal saat itu terlibat dalam demobilisasi militer secara besar-besaran. AS juga curiga Rusia tidak berkeinginan melakukan pemilihan yang demokratis di wilayah yang telah dibebaskan dari Nazi.

1. Faktor Lain

Gambaran yang akurat tentang asal-usul Perang Dingin juga harus mempertimbangkan penyebab lain disamping konflik kepentingan, perbedaan ideologi dan citra yang berbeda.

Misalnya perlu dilihat adanya “kevakuman kekuasaan” yang mengundang terjadinya konfrontasi. Selain itu ada faktor tekanan kebijakan luar negeri dari kelompok kepentingan dan perubahan iklim politik di masing-masing masyarakat.

Periode 1945-1962

Dalam waktu singkat pernah terjadi persahabatan antara AS dan Uni Soviet. Namun kemudian muncul antagonisme antara dua negara adidaya. Ada dua karakter pada periode ini. Pertama, adanya keprihatinan akan ambisi rivalnya. Hal tersebut menimbulkan pesimisme. Kedua, AS merupakan kekuatan militer sangat kuat. AS juga memiliki kemampuan menghancurkan musuhnya dengan senjata atom. Dalam periode ini muncul hal-hal sbb;

a. Doktrin Pembendungan

Bulan Februari 1946, Stalin memberika pidato yang berbicara tentang “tak terhindarnya konflik dengan kekuatan kapitalis. Ia mendesak rakyat Soviet untuk tidak terperdaya dengan berakhirnya perang yang berarti negara bisa santai. Sebaliknya perlu mengintensifkan usaha memperkuat dan mempertahankan tanah air.

Tidak lama setelah muncul tulisan George F Kennan, diplomat di Kedubes AS di Uni Soviet, yang memaparkan tentang kefanatikan Soviet, Presiden Harry S Truman mendeklarasikan apa yang kemudian disebut Doktrin Truman. Doktrin ini menggarisbawahi strategi pembendungan politik luar negeri AS sebagai cara untuk menghambat ambisi ekspansionis Uni Soviet. Selain itu AS juga merekrut sekutu-sekutunya untuk mewujudkan tujuan itu.

b. Lingkungan Pengaruh dan Pembentukan Blok

Ketidakmampuan negara adidaya memelihara “lingkungan pengaruh” diinterpretasikan sebagai akibat dari program global kekuatan lain. Misalnya ketika Uni Soviet memasuki Eropa Timur, para pemimpin AS menilainya sebagai usaha rivalnya menaklukan dunia.

Perebutan lingkungan pengaruh diantara dua negara adidaya ini melahirkan sebuah pola yang bipolar. AS dan sekutunya merupakan satu polar sedangkan di polar (kutub) lain muncul Uni Soviet dengan sekutunya. Di Eropa muncul Pakta Pertahanan Atlantik Utara (NATO) yang berhadapan dengan Pakta Warsawa. Di berbagai kawasan pun muncul blok-blok yang memihak AS dan Uni Soviet sebagai salah satu konsekuensi persaingan antara dua adidaya.

Periode 1963-1978

Periode ini ditandai dengan dua hal penting yakni koeksistensi damai dan Détente (Peredaan Ketegangan).

Koeksistensi

Persaingan yang terus menerus antar dua adidaya membuat soal koeksistensi dan non koeksistensi menjadi pilihan. Dalam situasi seperti itu, menemukan cara bagaimana koeksistensi menjadi mendesak.

Detente

Hubungan Uni Soviet-AS mengalami perjalanan dramatis dengan terpilihnya Richard Nixon. Didampingi penasihat keamanannya, Henry A Kissinger, Nixon berusaha menempuh pendekatan baru terhadap Uni Soviet tahun 1969. Pendekatan itu disebut détente (peredaan ketegangan). Ternyata Uni Soviet juga mengambil pendekatan yang sama.

Sebagai sebuah strategi politik luar negeri, détente dijelaskan Kissinger sebagai upaya menciptakan “kepentingan tertentu dalam kerja sama dan pembatasan”, “sebuah lingkungan dimana kompetitor dapat meregulasi dan menghambat perbedaan diantara mereka dan akhirnya melangkah dari kompetisi menuju kerja sama”.

Periode 1979-1991

Meskipun détente sudah dipelihara secara terus menerus tapi akhirnya tidak bertahan. Akhirnya semangat détente ini memudah akhir 1970-an.

a. Hancurnya Détente

Perjalanan doktrin dekade selama satu dekade hancur diantaranya karena invasi Uni Soviet ke Afganistan. Presiden Jimmy Carter menyatakan, agresi Soviet di Afganistan mengkonfrontasi dunia dengan tantangan strategis paling serius sejak Perang Dingin dimulai. Kemudian muncul Doktrin Carter, keinginan AS untuk menggunakan kekuatan militer di Teluk Persia. Kemudian Doktrin Reagan makin mengnyahutkan era détente. Doktrin Reagan menyatakan AS mendukung pemberontakan antikomunis di Afganistan, Angola dan Nikaragua. Para pemberontak ini diberi istilah halus “pejuang kemerdekaan” (freedom fighters). AS juga berbicara tentang kemampuan nuklirnya, termasuk ancaman serangan pertama.

b. Pembaruan Dialog

Situasi mulai membaik saat Mikhail Gorbachev memikul tampuk kekuasaan di Kremlin sejak 1985. Di bawah kepemimpinan Gorbachev, Uni Soviet ditransformasikan melalui kebijakan perestroika (restrukturisasi) dan glasnost (keterbukaan). Berbeda dengan penguasa sebelumnya, Gorbachev memerintahkan tentara Uni Soviet mundur dari Afganistan. Bahkan ia berkunjung ke AS tahun 1987, makin mendekatkan dua negara adidaya dalam sebuah forum dialog. Perang Teluk 1990-1991 tidak menghanyutkan Uni Soviet kedalam perang terbuka melawan AS dan sekutunya karena Gorbachev mengambil sikap lebih netral.

Berakhirnya Perang Dingin

Reformasi yang dilancarkan Gorbachev menghapuskan ketegangan dunia. Pemulihan hubungan antar dua negara adidaya ini makin membaik. Tahun 1989, Gorbachev mengumumkan, Uni Soviet mundur dari Afganistan. Tahun 1991, ia juga memberhentikan bantuan ke Kuba.

Kudeta gagal Agustus 1991 oleh kelompok garis keras menyebabkan naiknya Boris Yeltsin. Namun reformasi yang sudah berjalan tak bisa dibendung, bahkan 14 republik yang tergabung kedalam Uni Soviet memisahkan diri dan sebagian malah menyatakan merdeka. Bubarnya Uni Soviet akhir tahun 1991 meneguhkan akhirnya Perang Dingin.

Penutup

Rivalitas antar negara adidaya atau antar negara-negara besar telah mewarnai sejarah hubungan internasional. Pasca Perang Dunia II lahir Perang Dingin. Setelah Perang Dingin pertama dan kedua, lahirlah dunia pasca Perang Dingin. Multi polaritas kemudian menggantikan bipolaritas.

Dalam dunia baru ini, kekuatan militer hanya dikuasai Amerika Serikat. Sebagai satu-satunya adidaya di dunia militer, Washington menjadi polisi dunia. Dalam perlakuan AS ke Irak, Libya dan Iran serta ke Korea Utara, AS memperlihatkan diri sebagai polisi dunia yang kadang-kadand tidak disukai oleh negara lainnya.

Namun dalam bidang ekonomi, kekuatan AS bukanlah satu-satunya. Disamping AS ada Jepang, Jerman dan Inggris. Apalagi dengan lahirnya negara ekonomi baru seperti Korea Selatan, Taiwan dan Singapura, dunia ekonomi lebih beragam.

Proses menuju berita radio

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Seorang reporter di lapangan merupakan ujung tombak dari pemberitaan. Di media pemberitaan radio, wartawan di lapangan ini akan mengumpulkan bahan-bahan liputan baik dengan wawancara langsung maupun dengan menggunakan alat perekam yang kemudian di “mixing” di studio. Biasanya laporan yang sudah diolah inilah yang kemudian dipresentasikan dalam sebuah siaran berita khusus.

Tahapan yang dilakukan pada umumnya:

1. Merekam peristiwa yang terjadi dengan alat rekam biasanya yang berbentuk profesional.

2. Wawancara di lapangan jika diperlukan dengan mereka yang terlibat dala peristiwa. Bisa jadi pelaku unjuk rasa, mereka yang melakukan orasi, orang yang terlibat konflik atau mungkin reaksi dari warga dalam bentuk cuplikan klip terpisah.

3 Sesudah pengumpulan data dan wawancara di lapangan, suara rekaman ini dibawa ke studio untuk diedit. Reporter kemudian menyusun naskah berita dalam bentuk sesuai dengan kebijakan editorial radio pemberitaan. Laporan bisa pendek dari sekitar satu menit sampai dengan empat menitan.

4. Setelah naskah diperiksa editor dan sudah lengkap biasanya reporter atau wartawan membacakannya di studio. Di dalam laporan bila diperlukan voice over karena klip nya orang asing maka perlu dibuatkan dulu klip yang sudah disatukan dengan bahasa nara sumbernya.

5. Proses selanjutnya adalah menggabungkan antara naskah yang dibaca reporter dengan klip. Pada tahap mengedit audio ini bisa saja secara lugas langsung misalahnya naskah yang dibaca kemudian disisipkan satu atau dua klip di tengah. Namun biasa pula karena ada atmosfir di depan seperti unjuk rasa atau bentrokan maka dimasukkan dulu suara atmosfir baru laporan. Model ini memerlukan editing suara karena atmosfir itu akan mengecil kemudian dimasukkan suara reporternya.

6. Sesudah selesai mengedit naskah berita, maka reporter perlu membuat CUE atau pengantar kepada laporannya. Dalam pengantar yang biasanya dibacakan oleh presenter berita ini perlu dimasukkan hal-hal penting yang menggambarkan isi laporan. Modelnya bisa menganut 5W 1H tetapi juga bisa memberikan pengantar garis besar dan rinciannya dalam laporan.

7. Ketika CUE atau pengantar sudah selesai dan audio sudah terbungkus rapi maka diserahkan kepada editor pemberitaan untuk dibacakan oleh presenter. Laporan inilah yang kemudian akan didengar oleh pemirsa radio berita.

Islam and Multi National Corporations

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By Asep Setiawan

This essay assesses whether Islamic fundamentalism is a threat to multinational business. Two variables are applied for the assessment: the Islamic way of thinking and the impact of the manifestation Islamic system on international business particularly banking and finance sectors. It seems those fields are more affected than, for instance, in extracting or manufacturing sectors.

Based on those variables this essay will analyse whether Islamic militant is a hazard to translational business. In this paper Islamic fundamentalism refers to a search for fundamentals of faith, the foundations of Islamic polity and the bases of legitimate authority.1

While multinational business is defined as a group of corporation that is operating in different countries but is controlled by its headquarters in a given country.2

In this essay, the first section deals with Islamic world-view and then, the second part, to assess the Islamic fundamentalism’s impact to multinational business.

II

To begin with, it is useful to consider the origins of the fundamentalism. Islamic fundamentalism as the movement back to the basic value is not a new phenomenon throughout the Islamic history. Generally speaking the emergence of fundamentalism has been closely associated to the spiritual, social and political crises. In other words, when the existence of the Islamic polity and moral integrity were under threat the forms of a fundamentalism could be appeared.3 A major crises in Islamic history and in Muslim identity was precipitated by the advent of the combining the Western colonialism and the Christian missionaries.

The Arab-Israel conflict also generates radicalism. Other factors that contribute to the emergence militants are a class conflict, modernization, an corrupt pro-Western regime, communism and the military impotence particularly when the Arab countries were defeated by Israel. To some extent, the presence of Western firms from the point of view of some fundamentalist is perceived as a tool American-European power to maintain colonialism in the new forms.

Gilpin notes that the dominating presence of foreign corporations in the host country is characterized as constituting for of cultural imperialism.4Since fundamentalism is the effort to establish Islamic system in a society, it is important to explore briefly what Islam is. The name “Islam” is the key to understanding the nature of the religion. Islam means “to submit”. Therefore, a Muslim is one who accepts and submits to the will of Allah. According to Sardar, “Islam is perceived not as a religion with set of rituals nor as body of law with catalogue of dos and don’ts, but as a total, systemic holistic world-view.”5 Because Islam is the detailed way of live, it brings about the implications to various activities such as economics and politics even international relations.6

Thus, it seems that all muslims activities can not be separated from the religion. The shari’a which contains Qur’an and Sunnah is the foundation of an Islamic society.As mentioned above, Islam covered all muslims activities including the economics matters. Khan argues that the basic economics concept in Islam is that the ownership of everything belong to God alone. Man is God’s vicegerent on earth. God has subjected to man’s service.7 Legal ownership of the individual, that is to say, the right of possession, enjoyment and transfer of property, is recognized and safeguard in Islam. But all ownership, as Khan explains, subject to the moral obligation that in all wealth all sections of society have right to share.8 As a consequence, the Islamic economic should be based on shari’a and merely to implement Allah’s will.

Moreover Islam constitutes the special framework in the finance and banking issues. Above of all Qur’an ordains the prohibition of interest (riba) by which is meant the receipt and payment of interest.9 This can be considered that an Islamic business cannot deal in any negotiable instrument that would entail the receipt or payment of interest. It is because of the Muslim’s believe that an interest is prohibited for all purposes and in all its form. From the Islamic view point of view, riba is prohibited because it tends to draw wealth into the hands of small circle. In the case of loans which bear interest, the lender in effect takes advantages of and makes a profit from the need or distress another.10 However, Watt states that the precise meaning of riba is uncertain and there have been divergent views.11 In practice, it is useful to underline here that within Islam exists two sects, Sunni and Shi’a. Although Sunni is majority within Islamic community, Shi’a is often associated with fundamentalism. Revolution in

Iran under Ayatollah Khomeini’s leadership has made the fundamentalism become popular in the world. Both of the Sunni and the Shi’a’s fundamentalists have the similar voices : they call for the emergence of Islam as a social, political and economic movement which seek to go back to the original message of Islam and to rebuild the society and its institutions in the light of Islamic milieu.12

III

The explanation above shows that Islam has an unique world-view to which seems different from the Western conception. As a consequence, the fundamentalist is or will not accept the Western values. In contrast, the West particularly the US Government consider fundamentalism as a threat to their interests. Hadar notes that there are some voices to consult Bill Clinton’s administration that radical Islam would replace communism as a global threat.13 He calls the threat as “Green Peril” to replace “Red Peril” or communism.

Miller also mentions that some of the Western observers see Islam as a potential replacement for the Soviet Union in East-West confrontation.14 Other analyst such as Martin Kramer argues that militant Islam groups by nature cannot be democratic, pluralistic or pro Western. Moreover, Bernard Lewis explains that Islam refuse any legal recognition of corporate person which is at the heart of representative institutions embodied in Roman Law. Thus, the fundamentalists are often perceived as the threat to the Western politics, economics and strategic interest.15 The confrontation between multinational business and the host countries in Vernon’s words the so-called “a clash of national cultures”.16

However, Hadar argues that the impact of fundamentalists’ threat too simplified because in fact the radical movements are not monolith. International banking and finance can be considered as the representative Western interest in a Muslim society. Their expansion seems as a part of multinational corporations operation.17 Indeed their operations have been seen not only provide financial services for the multinational business or the domestic customers, but they also carry the Western value. In Alvin Toffler’s term, banking is the central institution of the modern money system. Accept the banks, Sardar argues, it means to accept the entire exploitative and theoretical framework that comes with it.18

So, the presence of the foreign banks touches one of the Islamic fundamental values: the prohibition of riba. More than that financial institutions deal with money, one of the cores of the modern economy. In this field fundamentalist strictly follow shari’a or as Watt explains they interpret Qura’n literally.19 Therefore, those businesses have much more attention than non-bank multinational enterprises. The manifestation of fundamentalist movement is not only into a group but also a state. 20 A state, a Hassan Turabi argues, is only the political expression of an Islamic society. 21

In implementing shari’a, the militants seem to impose banking and finance sector both domestic and foreign owner bank with free-interest system. This change, in term Tschoegl, is political philosophy risk which involving changes in attitude toward private ownership. 22 In a case fundamentalist articulation is a group the threats could be different. They are possibly operated in a secular state such as in Indonesia or Egypt or within orthodox Muslim countries such as Kuwait. Indeed the radical groups might be operated within Western countries as its happened in the case of the World Trade building’s sabotage in New York. The executives of multinational business could be target of some fundamentalist groups. In this circumstance, kidnapping or killing may be occurred. Some cases shows that international banking and finance have been forced to adopt shari’a, otherwise they withdraw from Islamic areas.

Sudan is one example where the fundamentalism manifests into the state’s form and it becomes the threat to international banking. In 1984, as part of move to Islamize the country’s banking system, the government of Sudan has ordered all banks operating in the country to stop paying or charging interest. Muslim law forbids interest of payments; instead, banks are expected to invest their clients’s funds and share profits or losses with them. Sudanese government’s action will affect 27 banks, including nine foreign banks operating in that country.23

In Iran’s case many American companies and its allies had been forced to abandon their operations after Islamic’s revolutionaries seized power in 1979. The incidents in Iran and Sudan have the same root: Islamic fundamentalism. The two cases also explain that either the militant groups or the states can be seen as the threat to the finance industries. The threat, however, seems same as common threat in business risk literature such as expropriation, transfer risk or nationalization.

However, banks are exposed to other risks. They lend money to foreign governments, government-owned or controlled companies and private borrowers.24 The international banks have showed a certain respond to the threat. Chase and Citibank lost assets in Iran during the revolution and then approached US Government to freeze Iranian assets in American bank.25 More than that it can be argued that a hazard from a fundamentalist movement arise because it confronts the basic value of financial or banking business. As Dunn points out that all economic transaction take place in real social settings.26 The operating interest system can be one of the reason.

However, the prohibition riba it self comes from the Islamic system which seems the meaning of money, capital, ownership differ with the Western model. Indeed, such firms are themselves product of culture as evidence by the fact that their organizational forms, management philosophies and main objectives different with Islamic concept on business.In fact, however, not all Islamic community which refuse riba at the same time reject the presence the un-Islamic banking and finance. Saudi Arabia can be seen as an appropriate example of this case. Some say Saudi Arabia is the fundamentalist state because it implements shari’a. Another view put the country as an orthodox Islamic state. But in practice, Saudi administration prohibits riba in the whole economic system. It seems that the need for Western technology particularly for oil exploitation may bring the multinational business come to this country. At the same time, the wealth from oil brings about Saudi to contact with the Western financial institutions for business reason. To bridge the difference between free-interest system and Western banking and finance institutions, Saudi and some countries establish what the so-called “House”.27 This kind of a compromise could be achieved because some countries adopt a policy that is based on a principle “permission due to necessity”. They recognize contact between Islamic and foreign banks and finance institutions.28 It means that those companies have an opportunity in those areas although they are advised to manage this cultural difference.

Moreover, in a country with majority muslim like Indonesia, foreign banks may have broad opportunities to gain profits. In this case some possible actual threats are transfer risk, expropriation or nationalization.

IV

To sum up, generally the Islamic fundamentalism posses a hostility attitude toward multinational business particularly banking and financial services. This is because Islam has its own concept on those fields which is different from the Western notion. This attitude from Islamic militant will become an actual threat if the fundamentalism takes in the form of a state. The experiences in Iran and Sudan are appropriate examples for this case. Indeed, there is small scale of threat posed by the fundamentalist.

However, since such a threat usually arises within a secular state, it can be handled by the host government. The difficulties facing foreign companies in encountering actual threat from fundamentalism behaviour lies in their failures to anticipate the emergence of the radicalism which is neither neat nor sudden.

So, if transnational business has great interests in Islamic areas, they should understand the Islamic environment and possible risks posed by such environment.

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Notes and References1. See R Hrair Dekmejian, Islam in Revolution. New York,
SyracuseUniversity Press, 1985, p. 4. In this essay the term of Islamic fundamentalism is same as Islamic resurgence, Islamic revival, Islamic awakening, Islamic militant or Islamic radical.

2. Parviz Asheghian and Bahman Ebrahimi, International Business. New York, HarperCollins Publishers, Inc., 1990, p. 12. This paper also uses multinational corporation, transnational business or multinational enterprises for multinational business.

3. Dekmejian, op.cit. p. 35.

4. Robert Gilpin, The Political Economy of International Relations. Princeton,
PrincetonUniversity Press, 1987, p. 248.

5. Ziauddin Sardar, Islamic Future. London, Mansell Publishing Limited, 1985, p. 11.

6. See Verna Terpstra, The Cultural Environment of International Business. Cincinnati, South Western Publishing Co., 1978, p. 49.

7. Muhammad Zafrulla Khan, Islam.
London, Routledge and Kegan Paul, 1980, p. 150.

8. Khan, Ibid.

9. See Habib Shirazi, Islamic Banking.
London, Butterworths, 1990, p. 5.

10. Khan, op.cit., p 153.

11. William Montgomery Watt, Islamic Fundamentalism and Modernity.
London, Routledge, 1988, p. 108.

12. Khurshid Ahmad, “The Nature of the Islamic Resurgence”, in Voices of Resurgence Islam edited by John L Espito,
New York: Oxford University Press, 1983, p 220. Choueiri suggests some common characteristics fundamentalist are the return to original Islam as the religion of oneness of God, the advocacy of independent reasoning in matters of legal judgements (ijtihad), and the necessity of fleeing (hijra) the territories dominated by unbelievers. See Youssef M Choueiri, Islamic Fundamentalism. London, Pinter Publishers,1990, pp. 23-24.

13. Leon T Hadar, “What Green Peril?” in Foreign Affairs, Spring 1993, Vol. 72, No. 2. See also Ghasam Salame, “Islam and the West” in Foreign Policy, No. 90, Spring 1982.

14. Judith Miller, “The Challenge of Radical Islam”, in Foreign Affairs, Spring 1993, Vol. 72, No.2.

15. Miller, op.cit., in Foreign Affairs, Spring 1993, Vol. 72 No.2.

16. Raymond Vernon, Sovereign at Bay. New York, Basic Books Inc., 1971, p. 204.

17. Multinational banks are growing as a respond to increasing numbers of multinational corporations. They provide a tool of techniques and market instrument used to maximize the return on the firms investment. See Theo Kiriazidis and Stephen Regan “The Globalization of Financial Services” in International Business edited by Jill Preston.
London, Pitman Publishing, 1992, p. 87.

18. Alvin Toffler’s view is quoted by Ziauddin Sardar from The Third Wave. See Sardar, op.cit., p.204.

19. Watt, op.,cit., p. 2.

20. A state on Islamic’s view is different from Western concept on nation-state. State here is based on shari’a not nation or community within certain areas. See for example PJ Vatikiotis, Islam and the State.
London, Routledge, 1987, pp. 35-40.

21. Hassan al-Turabi, “The Islamic State”, in Esposito, op.cit., p. 241.

22. Adrian E Tschoegl, “Ideology and Changes in Regulations: The Case of Foreign Bank Branches Over period 1920-80” in Political Risks in International Business edited by Thomas L Brewer, New York, Praeger, 1985, p. 87.

23. See James K Weekly and Raj Aggarwal, International Business. Chicago, The Dryden Press, 1987, p. 41.

24. See Wendell H McCulloch, Jr., “Country Risk Assessment by Banks” in Global Risk Assessments edited by Jerry Rogers, California, Global Risk Assessments, Inc, 1986, p 121.

25. Anthony Sampson, The Money Lender. London, Hodder and
Stoughton, 1981, pp. 244-246. In 1981, under Algiers agreement, an accord was signet by Iran and the US which allowed the release or Iranian assets than had been frozen the Federal Bank of new York in return for the release of US hostages in Iran. See Frederict Stapenhurst, Political Risk Analysis Around theNorth Atlantic. London,St Martin’s Press, 1992, p.141.

26. John Dunn, “Country risk: social and cultural aspects”, in Managing International Risk, edited by Richard J. Herring. Cambridge,
CambridgeUniversity Press, 1983, p. 163.

27. The establishment of the Islamic Development Bank at Jeddah (Saudi Arabia) followed by the formation of Islamic banks at Dubai (The United Arab Emirates), Cairo (Egypt), Khartoum (Sudan) and Jordan. Muhammad Nejatullah Siddiqi, Issues in Islamic Banking.
Leicester, The Islamic Foundation, 1983, p. 35.

28. Siddiqi, ibid.

Asep Setiawan, a graduate from University of Birmingham. The eassay was written around 1993-1994.