Challenges in Economic and Financial Policy Formulation provides an introductory, yet comprehensive, treatment of macroeconomic policies and their implementation in an Islamic-designed economic system.

Autorentext
Author Hossein Askari: Hossein Askari is Iran Professor of International Business and International Affairs, George Washington University, USA. Author Zamir Iqbal: Dr. Zamir Iqbal serves as Lead Specialist at the Financial Systems Global Practice of the World Bank. He heads the World Bank Global Center for Islamic Finance Development in Istanbul. Author Abbas Mirakhor: Abbas Mirakhor is the First Holder of INCEIF s Chair in Islamic Finance at INCEIF - The Global University of Islamic Finance, Malaysia. He was the Executive Director and Dean of the Executive Board of the International Monetary Fund. He received his PhD from Kansas State University, USA.

Inhalt

1. Introduction: The Significance of Policy 2. Institutional Perspective of Islamic Economics 3. Economic and Social Justice: A Policy Objective in Islam 4. Risk Sharing Finance and the Role of Public Policy 5. Lessons from Financial Crisis: A Policy Failure? 6. Financial and Capital Market Policies 7. Fiscal and Monetary Policy in Islam 8. Developing Social Capital 9. Financial Inclusion: Implications for Public Policy 10. Environmental and Natural Resource Policies in Islam 11. Benchmarking Islamic Finance Enabling Policies 12. Policy Challenges: Building Institutions