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Consistency and Viability of Islamic Economic Systems and the Transition Process

Name: Consistency and Viability of Islamic Economic Systems and the Transition Process
Brand: PALGRAVE MACMILLAN
SKU: 01339630
Price: 55.39 EUR
Availability: InStock
Author: John Marangos
ISBN: 9781137335784

John Marangos

Lingua

Inglese

Libro Rigido

Codice Libristo: 01339630

Casa editrice PALGRAVE MACMILLAN, settembre 2013

Consistency and Viability of Islamic Economics Systems and the Transition Process has the crucial in... Descrizione completa

Codice Libristo: 01339630

136 b

55.39 €

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Consistency and Viability of Islamic Economics Systems and the Transition Process has the crucial intention of stimulating interest in Islamic economics by studying the Islamic Republic of Iran using the analytical framework of consistency and viability. This text develops an original analytic framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that gives rise to certain economic systems by establishing consistency. Consistency, however, is not enough; a consistent economic system must be flexible and have the internal mechanisms to be able to adapt to changes in social reality, thus making possible its survival over time. In other words, the economic system is viable when it is able to encourage increases in labor productivity and there is popular support. The collapse of centrally administered socialism in Central and Eastern Europe and the former Soviet Union resulted in what was commonly referred to as the transition problem.