Applying Risk-Sharing Finance for Economic Development

Lessons from Germany

Putri Swastika, Abbas Mirakhor

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Hardback

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English

Springer Nature Switzerland AG
14 September 2021

Development studies; Economic growth; Development economics; Political economy; Economic history

Series: Political Economy of Islam

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery and resumption of growth.

By: Putri Swastika, Abbas Mirakhor
Imprint: Springer Nature Switzerland AG
Country of Publication: Switzerland
Edition: 2021 ed.
Dimensions: Height: 210mm, Width: 148mm,
Weight: 341g
ISBN: 9783030826413
ISBN 10: 3030826414
Series: Political Economy of Islam
Pages: 143
Publication Date: 14 September 2021
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Putri Swastika is a Lecturer at the State Islamic Institute Metro (IAIN Metro), Indonesia. Abbas Mirakhor has been teaching at various universities for 25 years and served at IMF as a staff member and an executive director for 24 years.