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The main purpose of this report is to explore the role Islamic finance has played in furthering financial inclusion in Malaysia, with a view to drawing key lessons of experience. Given Malaysia's success in the development of Islamic finance, these lessons will be useful to policy makers and...
Persistent link: https://www.econbiz.de/10012647520
of private savings behavior in the Arab Republic of Egypt, and considers the effect of financial development. The … savings in Egypt follow the Life Cycle Model in the long term. Controlling for population growth, the analysis finds that the … maximizing private savings and financing growth in Egypt …
Persistent link: https://www.econbiz.de/10012246226
Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and … economic growth in Egypt between 1980 and 2016. It draws comparisons based on critical financial indicators between Egypt and … financial development, to assess the relationship between financial development and economic growth in Egypt, yields three …
Persistent link: https://www.econbiz.de/10012114416
This paper studies the role of morality in the decision to repay debts. Using a field experiment with a large Islamic bank in Indonesia, the paper finds that moral appeals strongly increase credit card repayments. In this setting, all of the banks late-paying credit card customers receive a...
Persistent link: https://www.econbiz.de/10012245712
Republic of Egypt. Using a broadly applied methodology, a fiscal incidence analysis is conducted using survey and government … countries, Egypt's overall fiscal policy placed it in the median of the distribution of inequality reduction. Fiscal policies in … Egypt also led to a decrease in poverty, mostly from the flagship Tamween program. Poverty and inequality could be reduced …
Persistent link: https://www.econbiz.de/10012022288
Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability...
Persistent link: https://www.econbiz.de/10012168071
This report was prepared as part of the World Bank engagement in the Philippines to support Islamic Finance and Financial Inclusion. It provides an overview on the context for the development of Islamic finance in the Philippines and is accompanied by two focused reports providing further detail...
Persistent link: https://www.econbiz.de/10012644468
This public-private infrastructure advisory facility (PPIAF) - funded report aims to discuss and disseminate information on how Islamic finance has been applied in infrastructure projects through public-private partnership (PPP) schemes, what the structural challenges and solutions are, and what...
Persistent link: https://www.econbiz.de/10012644997
Islamic finance is a fast-booming segment of global finance. Serving a core population of 1.8 billion Muslims world-wide and a wider global ethical finance audience, its role is growing in global significance especially as it relates to global social financing needs. The global fintech...
Persistent link: https://www.econbiz.de/10012647519
This note is a stocktaking of the first three years of the green sukuk. Given the small sample size and limited data, the analysis is limited in scope. It covers the basics of what makes a green sukuk, a brief history of the developmental work leading to the first green sukuk, followed by an...
Persistent link: https://www.econbiz.de/10012647578