Download e-book for iPad: The Gold Standard Anchored in Islamic Finance (The Political by H. Askari,N. Krichene

By H. Askari,N. Krichene

Askari and Krichene supply a finished historical past for contemporary foreign monetary crises speedy enlargement of interest-bearing debt and financial enlargement notwithstanding the fractional reserve banking process. during this context, the authors supply an research of the event and matters linked to foreign funds platforms a number of the sorts of the most suitable, the Bretton Woods approach and the current approach of versatile trade charges. The authors pass directly to study the case for fastened alternate premiums (gold general and different fascinating diversifications) anchored in Islamic finance. The message of this e-book is that the superior may supply an answer for addressing foreign monetary instability if and provided that it truly is anchored in a hundred% reserve banking, that's a vital pillar of Islamic finance.

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The Gold Standard Anchored in Islamic Finance (The Political Economy of the Middle East) by H. Askari,N. Krichene


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