The Arab Spring continues to spread throughout the Middle East,
and it will end up transforming Islamic countries just as much as
the two World Wars changed Europe.
The Great Recession that began in 2008, along with defects in
the global economic system, played a large role in the unrest.
During the 2000s, the economic prosperity of the United States and
much of the world was based on borrowed money-and, as it turns out,
borrowed time.
Hedge funds and economic policies of the United States
complicated matters further. In this scholarly book, author Dr.
Susmit Kumar examines how financial blunders have led to political
upheavals in Islamic countries, as well as exploring the history of
Islam and Islamic empires; the modernization of Islam; the state of
the world economy, and where it's headed; and the present situation
in Islamic countries.
The immediate future promises bloodshed and grandstanding, but
in the end, the majority of Islamic countries will become secular
and democratic. As with the two World Wars, a cataclysmic turn of
events will ultimately unify the world as Islamic countries deal
with the fallout from "Casino Capitalism."
General
Imprint: |
Iuniverse, Inc.
|
Country of origin: |
United States |
Release date: |
April 2012 |
First published: |
April 2012 |
Authors: |
Susmit Kumar
|
Dimensions: |
229 x 152 x 22mm (L x W x T) |
Format: |
Hardcover - Sewn / Cloth over boards / With dust jacket
|
Pages: |
328 |
ISBN-13: |
978-1-4697-3456-9 |
Categories: |
Books >
Business & Economics >
Business & management >
International business
|
LSN: |
1-4697-3456-7 |
Barcode: |
9781469734569 |
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