Central Banking and Monetary Policy in Muslim-Majority Countries

Business & Finance, Economics, Money & Monetary Policy, Finance & Investing, Banks & Banking
Cover of the book Central Banking and Monetary Policy in Muslim-Majority Countries by Akhand Akhtar Hossain, Edward Elgar Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Akhand Akhtar Hossain ISBN: 9780857937834
Publisher: Edward Elgar Publishing Publication: August 28, 2015
Imprint: Language: English
Author: Akhand Akhtar Hossain
ISBN: 9780857937834
Publisher: Edward Elgar Publishing
Publication: August 28, 2015
Imprint:
Language: English
This book reviews key aspects of central banking and monetary policy in selected Muslim-majority countries. While reviewing country-specific experiences and issues in inflation and monetary policy, and analysing them from an historical context, emphasis is given to the evolution of Islamic banking and finance and the consequent institutional developments for maintaining price stability. One recurring theme is that, although Islamic banking and finance may have created some complexities, it remains consistent with Classical monetary theory and has created opportunities for improving the infrastructure of central banks and monetary policy to maintain both price and economic stability. The introduction of Islamic banking and finance strengthens the argument for low and stable inflation and rule-based monetary policy. Monetary policy frameworks in these countries include exchange-rate pegging, monetary targeting and inflation targeting under varied restrictions on capital flows. Macroeconomic problems under these regimes are also highlighted and their policy implications drawn.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This book reviews key aspects of central banking and monetary policy in selected Muslim-majority countries. While reviewing country-specific experiences and issues in inflation and monetary policy, and analysing them from an historical context, emphasis is given to the evolution of Islamic banking and finance and the consequent institutional developments for maintaining price stability. One recurring theme is that, although Islamic banking and finance may have created some complexities, it remains consistent with Classical monetary theory and has created opportunities for improving the infrastructure of central banks and monetary policy to maintain both price and economic stability. The introduction of Islamic banking and finance strengthens the argument for low and stable inflation and rule-based monetary policy. Monetary policy frameworks in these countries include exchange-rate pegging, monetary targeting and inflation targeting under varied restrictions on capital flows. Macroeconomic problems under these regimes are also highlighted and their policy implications drawn.

More books from Edward Elgar Publishing

Cover of the book Monetary Regimes and Inflation by Akhand Akhtar Hossain
Cover of the book Eutopia by Akhand Akhtar Hossain
Cover of the book EU Private International Law by Akhand Akhtar Hossain
Cover of the book The Value of Applied Economics by Akhand Akhtar Hossain
Cover of the book The Regional and Urban Policy of the European Union by Akhand Akhtar Hossain
Cover of the book Liberty and Equality in Political Economy by Akhand Akhtar Hossain
Cover of the book Endogenous Innovation by Akhand Akhtar Hossain
Cover of the book Social Innovation and Democratic Leadership by Akhand Akhtar Hossain
Cover of the book Operating Law in a Global Context by Akhand Akhtar Hossain
Cover of the book Performance Requirements and Investment Incentives Under International Economic Law by Akhand Akhtar Hossain
Cover of the book Challenging Neoliberalism by Akhand Akhtar Hossain
Cover of the book Classification of Conflicts in International Humanitarian Law by Akhand Akhtar Hossain
Cover of the book Trade in Water Under International Law by Akhand Akhtar Hossain
Cover of the book Financial Crime and Gambling in a Virtual World by Akhand Akhtar Hossain
Cover of the book The Political Economy of Public Debt by Akhand Akhtar Hossain
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy