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This paper presents perhaps the most viable approach for the design of an instrument of government finance (and monetary management) in an Islamic economy where conventional transactions based on an ex-ante promise of a risk-free rate of return are forbidden. Resources to finance government...
Persistent link: https://www.econbiz.de/10014400833
Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and …
Persistent link: https://www.econbiz.de/10014396001
The turn of the century was marked by some significant and promising events for world development. The Millennium …
Persistent link: https://www.econbiz.de/10012563860
development crisis. The financial crisis originated in the developed world, but it has spread quickly and inexorably to the … developing world, sparing no country. Increasingly it appears that this will not be a short-lived crisis. The poor countries are … survival. At high- level meetings held in 2008 to mark the MDG halfway point, world leaders expressed grave concern that the …
Persistent link: https://www.econbiz.de/10012561186
A Development Emergency: the title of this year's Global Monitoring Report, the sixth in an annual series, could not be more apt. The global economic crisis, the most severe since the Great Depression, is rapidly turning into a human and development crisis. No region is immune. The poor...
Persistent link: https://www.econbiz.de/10012673994
, prepared jointly by the staff of the World Bank and the International Monetary Fund, provides a development perspective on the …
Persistent link: https://www.econbiz.de/10014403103
Vietnam has adopted effective policies and measures to accelerate its economic growth rate and reduce poverty while sustaining economic reform, and trying to achieve goals and targets that are set in the Five-year Socio-economic Development Plan 2001–05. The annual progress report, named...
Persistent link: https://www.econbiz.de/10011245365
This paper focuses on Second Poverty Reduction Strategy Paper for Lao People’s Democratic Republic. The economic sectors have undergone significant restructuring. This restructuring has been concentrated on production capacities, quality and efficiency, thus contributing to economic...
Persistent link: https://www.econbiz.de/10011245536
This paper presents the Annual Progress Report on Vietnam’s Poverty Reduction Strategy. The industrial output and export turnover have continuously increased and exceeded the targeted plan. The entire social investment has been fairly well increased, especially that of the private sector,...
Persistent link: https://www.econbiz.de/10005768446