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Applying risk-sharing finance for economic development : lessons from Germany / Putri Swastika, Abbas Mirakhor.

9783030826420 (electronic bk.)
3030826422 (electronic bk.)
9783030826413
3030826414

Cham : Springer, [2021]

©2021

English

1 online resource : illustrations (some color)

10.1007/978-3-030-82642-0 doi

HD87 .S83 2021

338.9

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery and resumption of growth. Putri Swastika is a Lecturer at the State Islamic Institute Metro (IAIN Metro), Indonesia. Abbas Mirakhor has been teaching at various universities for 25 years and served at IMF as a staff member and an executive director for 24 years.

Includes bibliographical references and index.

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Online resource; title from PDF title page (SpringerLink, viewed September 22, 2021).

Political economy of Islam.

Print version: 9783030826420
Print version: 9783030826413

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