國立高雄大學圖資館 |

Language: English

Back

Macroeconomic policy and Islamic fin...

Malaysia

Macroeconomic policy and Islamic finance in Malaysia

Record Type:	Electronic resources : Monograph/item
Title/Author:	Macroeconomic policy and Islamic finance in Malaysiaby Azura Othman ... [et al.].
other author:	Othman, Azura.
Published:	New York :Palgrave Macmillan US :2017.
Description:	xxiii, 293 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Macroeconomics.
Subject:	MalaysiaPolitics and government.
Online resource:	http://dx.doi.org/10.1057/978-1-137-53159-9
ISBN:	9781137531599$q(electronic bk.)

Macroeconomic policy and Islamic finance in Malaysia
Macroeconomic policy and Islamic finance in Malaysia[electronic resource] /by Azura Othman ... [et al.]. - New York :Palgrave Macmillan US :2017. - xxiii, 293 p. :ill., digital ;24 cm. - Financial institutions, reforms, and policies in Muslim countries. - Financial institutions, reforms, and policies in Muslim countries..

1. Introduction -- 2. Risk Transfer, Risk Sharing, and Islamic Finance -- 3. Macroeconomic Policies and Risk Transfer -- 4. Islamic Finance, Risk Sharing, and Macroeconomic Policies -- 5. The History of Islamic Finance in Malaysia -- 6. Fiscal Policy and Islamic Finance: Malaysia -- 7. Monetary Policy and Islamic Finance: Malaysia -- 8. Policy Recommendations -- 9. Concluding Remarks.

This book offers an alternative framework for macroeconomic policy in Malaysia, derived from the universal principles of social justice espoused in the objectives of the Shariah. It attempts to holistically analyze issues related to public finance, which has been criticized for lack of transparency and justice in wealth distribution. This book explores these criticisms and discusses the principles of Islamic finance that may be applied to macroeconomic policymaking to create a better economy overall. It presents a case for a flat tax system, to make the economy more resilient to shocks, and financing methods that limit interest-rate-based debt contracts and allow greater risk sharing among the market participants on a broad scale. Using both qualitative and quantitative methods, this book models the Malaysian economy based on policies that apply the fundamental Islamic finance principle of risk sharing to demonstrate its benefits in spurring growth, promoting distributive justice, rendering the economy more stable, strengthening the potency of monetary policy, enhancing fiscal governance, and improving financial inclusion. The book will be of interest to students, policymakers, financial institutions, researchers, ministries of finance, central banks, securities commissions, and anyone interested in alternative economic paradigms.

ISBN: 9781137531599$q(electronic bk.)

Standard No.: 10.1057/978-1-137-53159-9doiSubjects--Topical Terms:

183168
Macroeconomics.
Subjects--Geographical Terms:

393977
Malaysia
--Politics and government.

LC Class. No.: HG3300.6.A6

Dewey Class. No.: 332.109595

Macroeconomic policy and Islamic finance in Malaysia
LDR:02714nmm a2200301 a 4500 001 523425
003 DE-He213
005 20180423165446.0
006 m d
007 cr nn 008maaau
008 180628s2017 nyu s 0 eng d
020 $a 9781137531599$q(electronic bk.)
020 $a 9781137537232$q(paper)
024 7 $a 10.1057/978-1-137-53159-9 $2 doi
035 $a 978-1-137-53159-9
040 $a GP $c GP
041 0 $a eng
050 4 $a HG3300.6.A6
082 0 4 $a 332.109595 $2 23
090 $a HG3300.6.A6 $b M174 2017
245 0 0 $a Macroeconomic policy and Islamic finance in Malaysia $h [electronic resource] / $c by Azura Othman ... [et al.].
260 $a New York : $b Palgrave Macmillan US : $b Imprint: Palgrave Macmillan, $c 2017.
300 $a xxiii, 293 p. : $b ill., digital ; $c 24 cm.
490 1 $a Financial institutions, reforms, and policies in Muslim countries
505 0 $a 1. Introduction -- 2. Risk Transfer, Risk Sharing, and Islamic Finance -- 3. Macroeconomic Policies and Risk Transfer -- 4. Islamic Finance, Risk Sharing, and Macroeconomic Policies -- 5. The History of Islamic Finance in Malaysia -- 6. Fiscal Policy and Islamic Finance: Malaysia -- 7. Monetary Policy and Islamic Finance: Malaysia -- 8. Policy Recommendations -- 9. Concluding Remarks.
520 $a This book offers an alternative framework for macroeconomic policy in Malaysia, derived from the universal principles of social justice espoused in the objectives of the Shariah. It attempts to holistically analyze issues related to public finance, which has been criticized for lack of transparency and justice in wealth distribution. This book explores these criticisms and discusses the principles of Islamic finance that may be applied to macroeconomic policymaking to create a better economy overall. It presents a case for a flat tax system, to make the economy more resilient to shocks, and financing methods that limit interest-rate-based debt contracts and allow greater risk sharing among the market participants on a broad scale. Using both qualitative and quantitative methods, this book models the Malaysian economy based on policies that apply the fundamental Islamic finance principle of risk sharing to demonstrate its benefits in spurring growth, promoting distributive justice, rendering the economy more stable, strengthening the potency of monetary policy, enhancing fiscal governance, and improving financial inclusion. The book will be of interest to students, policymakers, financial institutions, researchers, ministries of finance, central banks, securities commissions, and anyone interested in alternative economic paradigms.
650 0 $a Macroeconomics. $3 183168
650 0 $a Banks and banking $z Malaysia. $3 794534
650 0 $a Banks and banking $x Religious aspects $x Islam. $3 283272
650 0 $a Finance $x Religious aspects. $3 764277
650 1 4 $a Finance. $3 183252
650 2 4 $a Islamic Finance. $3 789340
650 2 4 $a Political Economy/Economic Policy. $3 789343
650 2 4 $a Asian Economics. $3 744612
651 0 $a Malaysia $x Politics and government. $3 393977
700 1 $a Othman, Azura. $3 794532
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
830 0 $a Financial institutions, reforms, and policies in Muslim countries. $3 794533
856 4 0 $u http://dx.doi.org/10.1057/978-1-137-53159-9
950 $a Economics and Finance (Springer-41170)