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Islamic Macroeconomics : A Model for Efficient Government, Stability and Full Employment, PDF eBook

Islamic Macroeconomics : A Model for Efficient Government, Stability and Full Employment PDF

Part of the Islamic Business and Finance Series series

PDF

Please note: eBooks can only be purchased with a UK issued credit card and all our eBooks (ePub and PDF) are DRM protected.

Description

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.

Other Formats

Also in the Islamic Business and Finance Series series  |  View all