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Low utilization of household credit in developing countries may be partially due to religious considerations. In a randomized marketing experiment in Jordan, this paper estimates the effect of sharia-compliant loan features on demand for credit. To comply with Islamic law, the sharia-compliant...
Persistent link: https://www.econbiz.de/10012838008
Millennium Development Goals set the stage for global support of ambitious development goals behind which the world must rally … mobilized if the world is to succeed in meeting its targets. Thus, the potential for Islamic finance to play a role in …
Persistent link: https://www.econbiz.de/10012971752
two estimation approaches. It finds that in low-income countries, labor growth is swifter in countries with a higher level …
Persistent link: https://www.econbiz.de/10012975631
development is positively associated with both investment rate and the efficiency with which economies use capital. Much work …
Persistent link: https://www.econbiz.de/10012746925
factor productivity growth. The paper also documents a positive impact of trade openness on the relationship between exchange …
Persistent link: https://www.econbiz.de/10012912272
The core principles of Islam lay great emphasis on social justice, inclusion, and sharing of resources between the … to build a healthy and vibrant economy. Instruments offered by Islam have strong historical roots and have been applied … and the state of traditional redistributive instruments. The paper concludes that Islam offers a rich set of instruments …
Persistent link: https://www.econbiz.de/10012975546
characteristics, the authors find few significant differences in business orientation, efficiency, asset quality, or stability. While …
Persistent link: https://www.econbiz.de/10012976337
business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis …
Persistent link: https://www.econbiz.de/10012951517
World Bank?s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the … accompanying freely downloadable Excel-based tool. It also constructs a new Infrastructure Efficiency Index (IEI), by combining … means that improving the efficiency of public investment has a sizable effect on growth in low-income countries …
Persistent link: https://www.econbiz.de/10012909745
This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … Penn World Table, and assesses the pattern of productivity growth across regions and income groups over the same sample … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation …
Persistent link: https://www.econbiz.de/10012870812