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Stabilization and Growth in an Open Islamic Economy

Stabilization and Growth in an Open Islamic Economy »

Volume/Issue: 1988/22

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 February 1988

DOI: http://dx.doi.org/10.5089/9781451921137.001

ISBN: 9781451921137

Keywords: banking, international capital flows, capital flows, international capital, current account deficit

Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and profit sharing. Using a general equilibrium model, this paper investigates some open-economy imp...

Stabilization and Growth in an Open Islamic Economy1/

Stabilization and Growth in an Open Islamic Economy1/ »

Source: Stabilization and Growth in an Open Islamic Economy

Volume/Issue: 1988/22

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 February 1988

ISBN: 9781451921137

Keywords: banking, international capital flows, capital flows, international capital, current account deficit

Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and profit sharing. Using a general equilibrium model, this paper investigates some open-economy imp...