Clement M. Henry
Author
Description
"At the beginning of the twenty-first century countries in the Middle East and North Africa contend with the threats and opportunities of economic globalization, the driving force of change in the contemporary world. As Clement Henry and Robert Springborg confirm in their straightforward and, at times, irreverent analysis of the region's response to these challenges, it is globalization which is the key to an understanding of economic reform." "Through...
Description
Can the contemporary Islamic finance movement be shown to meet the requirements of modern commerce? In the wake of the terrorist attacks on America the UN Security Council passed a resolution targeting transnational sources of terrorist funds. The United States and the International Monetary Fund are encouraging the governments of the Middle East to adopt policies of economic liberalism and a new type of capitalism, based on Islamic values and beliefs,...