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Books > Business & Economics > Economics > International economics > International finance
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An Integral Approach to Development Economics - Islamic Finance in an African Context (Hardcover, New Ed)
Loot Price: R4,637
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An Integral Approach to Development Economics - Islamic Finance in an African Context (Hardcover, New Ed)
Series: Transformation and Innovation
Expected to ship within 12 - 19 working days
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Developing economies such as those in sub-Saharan Africa are
searching for realistic economic policy prescriptions. Despite
economic growth in countries like Nigeria, poverty and unemployment
blight the lives of many, in the midst of plenty. Simultaneously,
much neo-classical economic thought is being questioned against the
backdrop of global economic meltdown, giving rise to inquiry about
more integral approaches to sustainable development. In An Integral
Approach to Development Economics, Basheer Oshodi examines
modernization theories, dependency theories, world system theories
and emerging 21st century economic theories and links a neo-modern
mix of economic thought with the practicalities of finance in parts
of the World where poverty is rife. In a specifically African
setting, over half of the population are Muslims, Oshodi considers
Islamic finance in the context of the triple heritage of indigenous
culture, Westernized Christianity, and Islam. He argues that the
principles of Islamic banking and finance can be integrated with
other elements of that heritage, focusing on meeting the challenges
of poverty and unemployment. Islamic finance is not just a
religiously-oriented, Sharia-compliant, alternative financial
model. It can contribute to overall socio-economic transformation
and a wider, people-centred approach to economic development.
International organizations, financial institutions, reserve banks,
policy makers, donor agencies and students will find resonance in
this valuable addition to Gower's Transformation and Innovation
Series.
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