Download Modelling Interest-free Economy Free Ebooks in PDF format. Download free ebook of Modelling Interest-free Economy soft copy pdf or read online by"Muhammad Anwar"Published on 1987 by International Institute of Islamic Thought (IIIT)
General equilibrium macroeconomic models are considered essential for evaluating the impact of monetary and fiscal policies in an economy. This aspect has not received, until now, significant attention. This present work, by Dr. Muhammad Anwar, develops general equilibrium models of income determination suitable for interest-free economies. It can be used to understand several implications of making a transition from the conventional financial system to an interest-free financial system. There are numerous Muslim countries seeking to adopt the new interest-free system. These countries may find it usefrrl to utilize the insights gained from such study to facilitate the establishment of an Islamic interest-free financial system. The economic model offered in this book also shows clearly and scientifically that ifthe interest-based financial system is replaced by the interestfree financial system, then the real rates of return for savers and investors in the economy will be preserved during inflationary and deflationary periods. On the other hand, financial repression results when savers are badly hurt during inflationary periods in an interest-bearing economy. This study demonstrates that the inflation-ridden developing countries would be definiæly better offif they adopt the inærest-free financial system in place of the prevalent interest-bearing sysæm. This pioneering work is a new addition to the library of Islamic Economics and an important aid to economic planners and students of Islamic Economics.
This Book was ranked at 18 by Google Books for keyword Economics Interest prime books.
Book ID of Modelling Interest-free Economy's Books is yvoRCgAAQBAJ, Book which was written by"Muhammad Anwar"have ETAG "j8rO/wkesOk"
Book which was published by International Institute of Islamic Thought (IIIT) since 1987 have ISBNs, ISBN 13 Code is 9780912463117 and ISBN 10 Code is 0912463112
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Book which have "119 Pages" is Printed at BOOK under Category"Business & Economics"
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