Applying Risk-Sharing Finance for Economic Development : Lessons from Germany /

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 man...

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Bibliographic Details
Main Authors: Swastika, Putri (Author), Mirakhor, Abbas (Author)
Corporate Author: SpringerLink (Online service)
Format: Book
Language:English
Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2021
Edition:1st ed. 2021
Series:Political Economy of Islam,
Subjects:
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505 0 |a Chapter 1. Introduction -- Chapter 2: Risk-sharing Economy: A Framework -- Chapter 3. Historical Review of Risk Sharing Instruments -- Chapter 4. Historical Roots of the German Economy -- Chapter 5. German Macroeconomic Policy(1933-1935) -- Chapter 6. Summary, Conclusions and Policy Recommendations 
520 |a 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. 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 
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