Wealth Inequality, Asset Redistribution and Risk-Sharing Islamic Finance
Language: English
Published by De Gruyter, DE, 2019
Series: Book 2 of 4 - De Gruyter Studies in Islamic Economics, Finance and Business
- Hardcover
- New
Seller: Rarewaves USA United, HEBRON, KY, U.S.A.Rarewaves USA United
AbeBooks seller since June 20, 2025
Condition: New
£ 127.61
Quantity: Over 20 available
Add to basketItem description from seller
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.…
Seller Inventory # LU-9783110583731
- Title
- Wealth Inequality, Asset Redistribution and Risk-Sharing Islamic Finance
- Author
- Tarik Akin, Abbas Mirakhor
- Publisher
- De Gruyter, DE
- Publication year
- 2019
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 3110583739
- ISBN 13
- 9783110583731
- Item weight
- 546 grams
- Series
- Book 2 of 4: De Gruyter Studies in Islamic Economics, Finance and Business
"Synopsis" may belong to another edition of this title.
About the Author
"About the title" may belong to another edition of this title.
Rarewaves USA United
HEBRON, KY, U.S.A.
AbeBooks seller since June 20, 2025
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