Public Finance and Islamic Capital Markets: Theory and Application (Palgrave Studies in Islamic Banking, Finance, and Economics)
ISBN-13:
9781137553416
ISBN-10:
1137553413
Edition:
1st ed. 2016
Author:
Abbas Mirakhor, Syed Aun R. Rizvi, Obiyathulla I. Bacha
Publication date:
2016
Publisher:
Palgrave Macmillan
Format:
Hardcover
198 pages
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Book details
ISBN-13:
9781137553416
ISBN-10:
1137553413
Edition:
1st ed. 2016
Author:
Abbas Mirakhor, Syed Aun R. Rizvi, Obiyathulla I. Bacha
Publication date:
2016
Publisher:
Palgrave Macmillan
Format:
Hardcover
198 pages
Summary
Public Finance and Islamic Capital Markets: Theory and Application (Palgrave Studies in Islamic Banking, Finance, and Economics) (ISBN-13: 9781137553416 and ISBN-10: 1137553413), written by authors
Abbas Mirakhor, Syed Aun R. Rizvi, Obiyathulla I. Bacha, was published by Palgrave Macmillan in 2016.
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Description
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.
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