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Money and Real Economy IT is not generally known
that there is an Islamic way of managing national economies. Only two
systems are well known, viz., socialist and capitalist. If the
capitalist economy has profit as its main motive, socialism believes in
state ownership of assets for promoting common good. This book
introduces us to the third, viz., the Islamic or Real economic system,
which studies, "the relationship of money to the real economy in
the absence of interest rate and in the perspective of endogenous system
of learning inter-relationship that money generates with the sources of
wellbeing." The contributors to this book deal with various aspects of Islamic finance and application of its fundamental principles to alleviate poverty and promote economic good. Worth a serious study. Leading Issues in Indian
Economy During the pre-perestroika
days resource mobilisation was a major problem. In the
post-liberalisation scenario the Indian economy faces a different set of
problems that relate fundamentally to structural changes. While resource
crunch is no more an issue, its optimum deployment remains so. Several
development-related problems need urgent attention. Infrastructure
upgrading, investment in agriculture and manufacturing industry and
fiscal reforms are only some of the issues. Studies in Money, Finance
and Banking Post-liberalisation banking sector reforms have led to improvement in the performance of our capital markets. There is a symbiotic relationship between the size of financial markets and economic development. Organisationally dynamic and robust financial structure ensures a well-integrated economic growth. This book takes a critical look at, among other factors, the shifting paradigms of capital structure of banks, corporate restructuring and governance etc. Useful for students of economics. |
The contributors to this
tome take a close look at these concerns as also come up with practical
ideas for improving the economy’s competitiveness. The essays in this
collection are certainly illuminating.