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Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Paperback): Raja Almarzoqi, Walid... Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Paperback)
Raja Almarzoqi, Walid Mansour, Noureddine Krichene
R1,110 Discovery Miles 11 100 Ships in 12 - 17 working days

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.

Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Hardcover): Raja Almarzoqi, Walid... Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Hardcover)
Raja Almarzoqi, Walid Mansour, Noureddine Krichene
R3,537 Discovery Miles 35 370 Ships in 12 - 17 working days

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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