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An Islamic Model for Stabilization and Growth

Record Type:	Language materials, printed : Monograph/item
Title/Author:	An Islamic Model for Stabilization and Growth/ by Adama Dieye.
Author:	Dieye, Adama.
Description:	XXIII, 243 p. 12 illus.online resource. :
Contained By:	Springer Nature eBook
Subject:	Africa—Politics and government. -
Online resource:	https://doi.org/10.1007/978-3-030-48763-8
ISBN:	9783030487638

An Islamic Model for Stabilization and Growth
Dieye, Adama.

An Islamic Model for Stabilization and Growth[electronic resource] /by Adama Dieye. - 1st ed. 2020. - XXIII, 243 p. 12 illus.online resource. - Political Economy of Islam. - Political Economy of Islam.

Introduction -- Overview of Current Macroeconomic Policy Issues and Challenges In Mainstream Economics -- Current Economic and Social Challenges and Islam -- Islamic Institutional Policy Framework -- Rules of Economic and Financial Operations -- Sustainability of the Senegal Socio-economic Model -- Counterfactual simulation of the Islamic model for Senegal -- Implementation of the Islamic Model for Senegal -- Conclusion.

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

ISBN: 9783030487638

Standard No.: 10.1007/978-3-030-48763-8doiSubjects--Topical Terms:

1253951
Africa—Politics and government.

LC Class. No.: JQ1870-3981

Dewey Class. No.: 320.96

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