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Economic Integration Among D-8 Muslim Countries

Economic Integration Among D-8 Muslim Countries

Hardcover

Series: Ws-Econ Growth Centre Contemp Mod Econ

Business GeneralEconomics

ISBN10: 9811247803
ISBN13: 9789811247804
Publisher: World Scientific Publishing Company
Published: Mar 30 2023
Pages: 452
Weight: 1.70
Height: 1.00 Width: 6.00 Depth: 9.00
Language: English

The D-8 (Developing Eight) organisation was officially formed in 1997 and has Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey as full members. The D-8 economies encompass nearly 62% of the Muslim population or about 1.17 billion people globally. The economic, cultural, social, political and geographical diversity that exists amongst the D-8 member countries differs radically from other Muslim or regional blocks. Furthermore, D-8 member countries are developing economies that do not solely rely on oil, ancient civilizations, or roles as historical powerhouses, but their populations aspire to be better educated, scientifically more advanced, have higher incomes and improved human rights. It is imperative to study the implications of these developments for cultural identity and life quality. This book studies the contemporary socio-economic developments and challenges faced by D-8 countries. It explores questions on the socio-economic and political formation, sustainability, economic participation, and the vitality of the D-8 member countries. It deepens our understanding of recent global economic systems and governance, and suggests areas for future research and publications.

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