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Books > Business & Economics > Economics > Macroeconomics
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Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Paperback)
Loot Price: R1,068
Discovery Miles 10 680
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Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Paperback)
Series: Islamic Business and Finance Series
Expected to ship within 12 - 17 working days
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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.
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