Download the fantastic book titled Wealth Inequality Asset Redistribution and Risk Sharing Islamic Finance written by Tarik Akin, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Wealth Inequality Asset Redistribution and Risk Sharing Islamic Finance", which was released on 04 March 2019. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Wealth Inequality Asset Redistribution and Risk Sharing Islamic Finance by Tarik Akin PDF
Wealth inequality has been not only rising at unsustainable pace but also dissociated from income inequality because of the fact that wealth is increasing without concomitant increase in savings and productive capital. Compelling evidence indicates that capital gains and other economic rents are mainly responsible for wealth inequality and its divergence from income inequality. The main argument of the book is that interest-based debt contracts are one of the drivers of wealth inequality through creating disproportional economic rents for the asset-rich. The book also introduces the idea of risk-sharing asset-based redistribution, which is a novel and viable policy proposal, as an effective redistribution tool to address the wealth inequality problem. Furthermore, a large-scale stock-flow consistent macroeconomic model, which is step by step constructed in the book, sheds light on the formation of wealth inequality in a debt-based economy and on the prospective benefits of implementing risk-sharing asset-based redistribution policy tools compared to traditional redistribution policy options. The research presented in this book is novel in many respects and first of its kind in the Islamic economics and finance literature.
Detail About Wealth Inequality Asset Redistribution and Risk Sharing Islamic Finance PDF
- Author : Tarik Akin
- Publisher : Walter de Gruyter GmbH & Co KG
- Genre : Business & Economics
- Total Pages : 216 pages
- ISBN : 3110586665
- Release Date : 04 March 2019
- PDF File Size : 50,6 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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