Abdulkarim, Fatima Muhammad / Mirakhor, Abbas / Hamid, Baharom Abdul
Financialization of the economy and income inequality in selected OIC and OECD countries
The role of institutional factors
- Insights on the extent of income inequality and financialization in OIC countries
- Shows how extreme income inequality issues of the Muslim world can be tackled through the application of some of the Islamic economic principles
Aims and Scope
This book links financialization and income inequality and studies the dynamic of financialization in OIC countries empirically. Readers learn how the empirical relationship between the selected variables interact with institutional variables in mitigating or promoting income inequality and also how the extreme income inequality issues of the Muslim world can be tackled through the application of some of the Islamic Economic principles.