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Mirakhor, Abbas - 1991

Islamic banks are prohibited from charging or paying interest, and thus can operate only on the basis of profit-sharing arrangements. This paper provides a brief survey of the theory and practice of Islamic banking. It covers developments in Islamic banking since the mid-1970s, how such banks...

Persistent link: https://www.econbiz.de/10014398242

Resolution frameworks for Islamic banks

Awadzi, Elsie Addo; Chartouni, Carine; Tamez, Mario - 2015

Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis, culminating in the Financial Stability Board's ('FSB') Key Attributes of Effective...

Persistent link: https://www.econbiz.de/10011705119

The nature of Islamic banking and solvency stress testing : conceptual considerations

Jobst, Andreas A.; Solé López-Pinto, Juan - 2020

This paper provides a conceptual overview of key aspects of the design and implementation of solvency stress testing of Islamic banks. Based on existing regulatory standards and prudential practice, the paper explains how Islamic finance principles and their impact on various risk drivers affect...

Persistent link: https://www.econbiz.de/10012300622

Can Islamic banking increase financial inclusion?

Ben Naceur, Samy; Barajas, Adolfo; Massara, Alexander - 2015

The paper analyses existing country-level information on the relationship between the development of Islamic banking and financial inclusion. In Muslim countries-members of the Organization for Islamic Cooperation (OIC)-various indicators of financial inclusion tend to be lower, and the share of...

Persistent link: https://www.econbiz.de/10014275783

Income inequality and government transfers in Mexico

Lambert, Frederic; Park, Hyunmin - 2019

We analyze microdata from Mexico's survey on household income and expenditures (ENIGH) to study the evolution of income inequality in Mexico over 2004-16, identify its sources, and investigate how it was affected by government social policy. We find evidence of only a small decline in inequality...

Persistent link: https://www.econbiz.de/10012102100

Tax policy and inclusive growth

Abdel-Kader, Khaled; Mooij, Ruud A. de - 2020

This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy,...

Persistent link: https://www.econbiz.de/10012485968

Is there a one-size-fits-all approach to inclusive growth? : a case study analysis

Balasubramanian, Sriram; Bounader, Lahcen; Bricco, Jana; … - 2021

Is there a one-size-fits-all approach to inclusive growth? We look at four key case studies across advanced and emerging markets-the Nordics, India, Brazil, and Egypt-to try to answer this question. We highlight qualitatively in these countries the key components of inclusive growth models,...

Persistent link: https://www.econbiz.de/10012605019

Defining, Measuring and Alleviating Poverty in an Economy in Transition : The Case of Lithuania

Cornelius, Peter - 1994

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395967

Assessing the Impact of Structural Adjustmenton the Poor : The Case of Malawi

Brekk, Odd P. - 1991

This paper applies, through a case study on Malawi, a simple methodology indicating the first-round (i.e., price) effects of macroeconomic policies on real earnings of the poor. As the economic program in Malawi has not involved substantial exchange rate action or cuts in subsidies, the real...

Persistent link: https://www.econbiz.de/10014397808

Poverty Alleviation in a Financial Programming Framework : An Integrated Approach

Chand, Sheetal K. - 1995

Poverty alleviation is typically addressed in financial programming through additive programs that target vulnerable … groups but without modifying the underlying stabilization and adjustment targets. Instead, this paper integrates the poverty … alleviation objective into the financial programming framework using a well-known poverty index. In consequence, the assessment of …

Persistent link: https://www.econbiz.de/10014398499