The Gold Standard Anchored in Islamic Finance [electronic resource] / by H. Askari, N. Krichene.

Erişim Adresi
ISBN
9781137485830
Dil Kodu
İngilizce
Yer Numarası
DK/26504
Yazar
Basım Bildirimi
1st ed. 2014.
Yayın Bilgisi
New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan, 2014.
Fiziksel Niteleme
XIII, 271 p. online resource.
Dizi
The Political Economy of the Middle East, 2522-8862
Özet, vb.
Askari and Krichene provide a comprehensive background for recent international financial crises rapid expansion of interest-bearing debt and monetary expansion though the fractional reserve banking system. In this context, the authors provide an analysis of the experience and issues associated with international payments systems the various forms of the gold standard, the Bretton Woods system and the present system of flexible exchange rates. The authors go on to examine the case for fixed exchange rates (gold standard and other interesting variations) anchored in Islamic finance. The message of this book is that the gold standard could provide a solution for addressing international financial instability if and only if it is anchored in 100% reserve banking, which is an essential pillar of Islamic finance.
Konu
Middle East __ Politics and government.
International economic relations.
Social sciences.
Economics.
Middle Eastern Politics.
International Political Economy’.
Society.
Economics.
Diğer Yazarlar