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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Détails bibliographiques
Collectivité auteur: International Monetary Fund
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1988.
Collection:IMF Working Papers; Working Paper ; No. 1988/022
Accès en ligne:Full text available on IMF