Financialization of the economy and income inequality in selected OIC and OECD countries

Zusatztext

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.

Autorenportrait

Dr Fatima Muhammad Abdulkarim is working at the Department of Economics at the Federal University Dutse, Jigawa State Nigeria. Abbas Mirakhor joined INCEIF in 2010 as Distinguished Scholar and the First Holder of INCEIF's Chair in Islamic Finance. His research interests include conventional and Islamic economics and finance. He is a graduate of the Kansas State University, USA, where he received his Bachelor, Master and PhD Degrees in Economics. In 1968, he started his academic career with University of Alabama, USA. Mirakhor has worked as a professor of economics at the University of Alabama, Alabama A&M University, and the Florida Institute of Technology. In 1984, he joined the IMF in Washington DC as an economist. He spent 24 years with the IMF, serving as the organisation's Executive Director and Dean of the Executive Board, retiring in 2008. Dr. Baharom Abdulhamid is Associate Professor at the INCEIF Global University of Islamic Finance Lorong Universiti in Kuala Lumpur, Malaysia.

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