An Islamic Model for Stabilization and Growth

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128,39 €

Political Economy of Islam

ISBN: 3030487652
ISBN 13: 9783030487652
Autor: Dieye, Adama
Verlag: Springer Verlag GmbH
Umfang: xxiii, 243 S., 12 s/w Illustr., 243 p. 12 illus.
Erscheinungsdatum: 17.07.2021
Auflage: 1/2021
Produktform: Kartoniert
Einband: Kartoniert

Argues that the macroeconomic policy adjustment models recommended by the IMF and the World Bank for implementation in many countries have not been effectiveUnderlines an urgent need to produce an alternative to the failed conventional macroeconomic model in order to address the challenge of ?macroeconomic and social adjustment policiesInvestigates the idea that the Islamic economic model prescribed in the Quran and applied by the Prophet (sawa) could be the ideal model for Muslim and non-Muslim ?countriesDesigns a macroeconomic policy framework that recommends macroeconomic and social policies consistent with Islamic economic principles and simulates its relevance with Senegal as a case study

Artikelnummer: 2570886 Kategorie:

Beschreibung

This book argues that the macroeconomic policy adjustment models recommended by the IMF and the World Bank for implementation in many Muslim countries, with substantial donor financial support, have not been effective. Economic indicators show low economic growth, persistent fiscal and external deficits and limited industrialization. Also, these countries are experiencing increases in unemployment, poverty and substantial growth in income and wealth inequalities. These facts underline an urgent need to produce an alternative to the failed conventional macroeconomic model in order to address the challenge of macroeconomic and social adjustment policies. The project posits and investigates the idea that the Islamic economic model prescribed in the Quran and applied by the Prophet (sawa) could be the ideal model for Muslim as well as non-Muslim countries.

Autorenporträt

Adama Dieye is former Director of Department of the Central Bank of West African States (BCEAO), Senegal.

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