Public finance and Islamic capital markets : theory and application

書誌事項

Public finance and Islamic capital markets : theory and application

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

(Palgrave studies in Islamic banking, finance, and economics / series editors, Mehmet Asutay, Zamir Iqbal, and Jahangir Sultan)

Palgrave Macmillan, c2016

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

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.

目次

1. Conventional Macroeconomic Policy2. Islamic Macroeconomic Policies3. Capital Markets: Conventional versus Islamic4. Risk Sharing and Public Policy5. Government Finance and the Debt Market6. Government Finance and the Equity Market7. Macro Market Application8. Micro Market Application9. Markets and the Way Forward

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