Palgrave Studies in Islamic Banking, Finance, and Economics: Theory and Application

Rizvi, Syed Aun R.; Bacha, Obiyathulla I.; Mirakhor, Abbas

This book addresses the financing of government budgets with non-debt-creating flows through risk-sharing capital market instruments. It offers a comparative analysis with conventional finance to demonstrate the ability of Islamic capital market instruments to create an impetus for economic stability and growth. Rizvi, Bacha, and Mirakhor guide readers chronologically through the unfolding effects of macroeconomic policy implemented to reduce crippling sovereign debt, increase government financing, and guide governments to the path of economic progress.

Details

Published by: Palgrave Macmillan

Publication Date: 2016-10-17

Format: Hardcover

ISBN-13: 9781137553416

DOI: 10.1057/978-1-137-55342-3

Dimensions: 210cm x148cm

Pages: 185