Rizvi / Bacha / Mirakhor Public Finance and Islamic Capital Markets

Theory and Application
1. Auflage 2016
ISBN: 978-1-137-55342-3
Verlag: Palgrave Macmillan US
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 185 Seiten, eBook

Reihe: Economics and Finance

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.

Zielgruppe

Research

Autoren/Hrsg.

Rizvi, Syed Aun R.

Bacha, Obiyathulla I.

Mirakhor, Abbas

Inhaltsverzeichnis

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

Über Autor(innen)

Syed Aun R. Rizvi is Assistant Professor at Suleman Dawood School of Business at Lahore University of Management Sciences (LUMS), Pakistan.  He is also a Research Affiliate of Centre for Islamic Business and Finance Research (CIBFR) at the University of Nottingham Malaysia Campus. He brings to academia his fund management industry experience and a diverse teaching and research background spanning over three countries. His research focuses on capital markets in Islamic and emerging economies.
Obiyathulla I. Bacha is Professor of Finance at the International Centre for Education in Islamic Finance, Malaysia, and President of the Malaysian Finance Association. He has published extensively in academic journals and has written two textbooks: Islamic Capital Markets (with Abbas Mirakhor) and Financial Derivatives.
Abbas Mirakhor is First Holder of the INCEIF Chair in Islamic Finance at the International Centre for Education in Islamic Finance, Malaysia. He was the Executive Director and Dean of the Executive Board of the International Monetary Fund from 1984 to 2006.