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Periodical
Asia Pacific journal of educators and education.
Author:
Year: 2010 Publisher: [Gelugor], Pulau Pinang : Penerbit Universiti Sains Malaysia

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Abstract


Periodical
UUM journal of legal studies
Author:
ISSN: 2229984X 01279483 Year: 2010 Publisher: Sintok, Kedah Darul Aman, Malaysia : Universiti Utara Malaysia


Book
Islamic Banking : How Has it Diffused?
Authors: ---
ISBN: 146236683X 1455225355 1283567695 1455204404 9786613880147 Year: 2010 Publisher: Washington, D.C. : International Monetary Fund,

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This paper investigates the determinants of the pattern of Islamic bank diffusion around the world using country-level data for 1992 - 2006. The analysis illustrates that income per capita, share of Muslims in the population and status as an oil producer are linked to the development of Islamic banking, as are economic integration with Middle Eastern countries and proximity to Islamic financial centers. Interest rates have a negative impact on Islamic banking, reflecting the implicit benchmark for Islamic banks. The quality of institutions does not matter, probably because the often higher hurdle set by Shariah law trumps the quality of local institutions in most countries. The 9/11 attacks were not important to the diffusion of Islamic banking; but they coincided with rising oil prices, which are a significant factor in the diffusion of Islamic banking. Islamic banks also appear to be complements to, rather than substitutes for, conventional banks.


Book
Malaysia : 2010 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Malaysia.
Author:
ISBN: 1462327141 1455235458 1282847996 9786612847998 1455206881 Year: 2010 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

Strong fundamentals and countercyclical policies have helped Malaysia during the global financial crisis. Executive Directors welcomed the authorities' challenge to make progress toward economic growth and structural transformation. Directors welcomed the consolidation effort in the 2010 budget, and stressed that a sound and sustained fiscal adjustment is essential. Directors appreciated the monetary policy stance to sustain noninflation growth. They welcomed the new Central Bank Act, which reinforces the underpinnings of the financial system. Directors also commended the authorities’ decision to participate in the Financial Sector Assessment Program.

Keywords

Global Financial Crisis, 2008-2009. --- Financial crises --- Monetary policy --- Fiscal policy --- Sustainable development --- Economic stabilization --- International Monetary Fund --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- Economic policy --- Development, Sustainable --- Ecologically sustainable development --- Economic development, Sustainable --- Economic sustainability --- ESD (Ecologically sustainable development) --- Smart growth --- Sustainable economic development --- Economic development --- Tax policy --- Taxation --- Finance, Public --- Monetary management --- Currency boards --- Money supply --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Environmental aspects --- Government policy --- Internationaal monetair fonds --- International monetary fund --- Banks and Banking --- Budgeting --- Exports and Imports --- Inflation --- Macroeconomics --- Public Finance --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- International Lending and Debt Problems --- National Budget --- Budget Systems --- International Investment --- Long-term Capital Movements --- Price Level --- Deflation --- National Government Expenditures and Related Policies: General --- International economics --- Banking --- Budgeting & financial management --- Investment & securities --- Public finance & taxation --- External debt --- Budget planning and preparation --- Commercial banks --- Capital flows --- Public financial management (PFM) --- Expenditure --- Balance of payments --- Financial institutions --- Banks and banking --- Debts, External --- Budget --- Capital movements --- Prices --- Expenditures, Public --- Malaysia

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