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Applying Risk-Sharing Finance for Economic Development: Lessons from Germany

Applying Risk-Sharing Finance for Economic Development: Lessons from Germany

Hardcover

Series: Political Economy of Islam

EconomicsGeneral Political ScienceGeneral Sociology

ISBN10: 3030826414
ISBN13: 9783030826413
Publisher: Palgrave MacMillan
Published: Sep 14 2021
Pages: 143
Weight: 0.75
Height: 0.44 Width: 5.83 Depth: 8.27
Language: English

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery and resumption of growth.

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General Sociology