The Impact of Israeli and Saudi Arabian Geopolitical Risks on the Lebanese Financial Market
نویسندگان
چکیده
Hezbollah is best defined in geopolitics as the Iranian ideology proxy that aims to grow Persian footprint and gain geopolitical strategic depth region. Its role continuously requires conflicts, mainly against Saudi Arabia Israel—for resistance, ideological, purposes. Being a state within state, militia makes sovereign decisions forces Lebanon pay for consequences. This first economic study empirically investigates under vector autoregression (VAR) models dynamic causal relationship between Israel’s risks Lebanon’s financial stability activity. The results show affect economy differently. Economic cannot be promoted independently of regional conflict.
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ژورنال
عنوان ژورنال: Journal of risk and financial management
سال: 2021
ISSN: ['1911-8074', '1911-8066']
DOI: https://doi.org/10.3390/jrfm14030094