Islam and Economic Policy
Subtitle: An Introduction
Publisher: Edinburgh University Press
Published: 2015
Language: eng
Number of pages: 224
ISBN-13: 9780748683871
Subjects: Finance; Islam, economic aspects; Economics, religious aspects
Description: Islamist political parties have enjoyed unprecedented election victories in recent times. The Islamic Revolution in Iran, the election of the Justice and Development Party in Turkey and the coming to power of Islamists, albeit briefly, after the Arab Spring, has changed the political landscape in the Middle East and has ramifications for the entire Muslim World. Yet the continuing success of these parties depends on their record on economic development and employment creation. Are their economic policies different from those of their autocratic predecessors? Have they been influenced by the writings of academic Islamist economists? This book looks at the impact of Islamic teaching on public economic policy and asks how Islamic economics differs from mainstream micro and macroeconomics.--