This book challenges the assumption that it is bad news when the economy doesn’t grow. For decades, it has been widely recognized that there are ecological limits to continuing economic growth and that different ways of living, working and organizing our economies are urgently required. This urgency has increased since the financial crash of 2007–2008, but mainstream economists and politicians are unable to think differently. The authors of this ...
The idea that Brazil, Russia, India and China (the «BRICs») are the rising stars of the world economy is now widely accepted. However, the «old» developed nations have not adjusted to the new world order as they struggle with the legacy of the financial crisis. The BRICs and others (especially Korea) have already ‘emerged’ as economic powers. This requires rapid adjustment in economic policies and especially global economic institutions. This bo ...
London has enjoyed an extraordinary period of growth in the past generation, symbolized by the towers of Canary Wharf built on the skeleton of the old docks. Finance was at the heart of this, so how can London’s economy be reinvented after the financial crisis? Success will depend on several factors that must go together: growing service sectors in addition to finance; making it possible for the people who work in London to live there in pleasan ...
The difficult economic climate in Europe and the United States since the financial crisis is set to continue as the New Normal, despite frantic efforts to stimulate growth. The long phase of expansion that lasted from the 1980s until 2008 was driven by easy money, cheap imports and confidence – all gone. And the shift of geopolitical power to Asia is permanent. This does not mean that Western economies are inevitably condemned to ‘lost decades’ ...
China is a powerful engine of the global economy and the country's rise is undoubtedly the outcome of its protracted campaign of designing and implementing national development strategies since the founding of the People's Republic of China in 1949. This book reviews the transformation and innovation of China's economic development strategies, especially Deng Xiaoping's Three-Step strategy and Xi Jinping's internal and e ...
This critical account of the fair trade movement explores the vast gap between the rhetoric of fair trade and its practical results for poor countries, particularly those of Africa. In the Global North, fair trade often is described as a revolutionary tool for transforming the lives of millions across the globe. The growth in sales for fair trade products has been dramatic in recent years, but most of the benefit has accrued to the already wealt ...
Offers a critique of existing economic systems, including those implemented by Muslims.Presents a history of economic systems, with a particular focus on those that have existed throughout Islamic history.Details a moral and economic path that will lead to the use of economics as a driver for a better, and more just, world.The author is widely recognized for his contributions to Islamic economics, and has been awarded the two most coveted prizes ...
By ground-breaking academic, Mohammed Hashim Kamali, explaining new thoughts and solutions in the Islamic bond marketA collection of major writings explaining and discussing an increasingly important part of the Islamic finance industryUnique topic and discourse fit for course adoption in economics, Islamic Studies, and BusinessA topic which is currently under discussion in a number of circles and of growing significance in the West, as shown by ...
