Stabilization and Growth in an Open Islamic Economy.
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 implications of the adoption of Islamic banking for growth and stabilization of the econo...
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| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Colección: | IMF Working Papers; Working Paper ;
No. 1988/022 |
| Acceso en línea: | Full text available on IMF |