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Islamic Macroeconomics: A Model for Efficient Government, Stability and Full Employment
Paperback
Series: Islamic Business and Finance
ISBN13: 9780367591809
Publisher: Routledge
Published: Aug 14 2020
Pages: 208
Weight: 0.69
Height: 0.46 Width: 6.14 Depth: 9.21
Language: English
Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending.
This book is essential reading for students and academics of Islamic economics and finance, economists, practitioners, and researchers.
1 different editions
Also available
Islamic Macroeconomics: A Model for Efficient Government, Stability and Full Employment
Krichene, Noureddine
Mansour, Walid
Almarzoqi, Raja
Hardcover
Also from
Almarzoqi, Raja
Islamic Macroeconomics: A Model for Efficient Government, Stability and Full Employment
Krichene, Noureddine
Mansour, Walid
Almarzoqi, Raja
Hardcover
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