The Gold Standard Anchored in Islamic Finance

Name: The Gold Standard Anchored in Islamic Finance
SKU: 25508315
Price: 136.99 AUD
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Paperback / softback

Series:

The Political Economy of the Middle East

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Description

Askari and Krichene provide a comprehensive background for recent international financial crises rapid expansion of interest-bearing debt and monetary expansion though the fractional reserve banking system. In this context, the authors provide an analysis of the experience and issues associated with international payments systems the various forms of the gold standard, the Bretton Woods system and the present system of flexible exchange rates. The authors go on to examine the case for fixed exchange rates (gold standard and other interesting variations) anchored in Islamic finance. The message of this book is that the gold standard could provide a solution for addressing international financial instability if and only if it is anchored in 100% reserve banking, which is an essential pillar of Islamic finance.

Author Biography:

Author Hossein Askari: Hossein Askari is Iran Professor of International Business and International Affairs, George Washington University, USA.

Release date Australia

December 19th, 2015

Author

Audience

Professional & Vocational

Edition

1st ed. 2014

Illustrations

XIII, 271 p.

Pages

271

Series

The Political Economy of the Middle East

ISBN-13

9781349503827

Product ID

25508315

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