This paper examines the concept of hegemony and its historical impacts on the Arabic and Islamic countries. It is foreseen that has long path applied by the Western countries as disclosed by trade applications and history of economic thought. Impacts on Arabic and Islamic countries were visible...

This paper aims to develop an Islamic intertemporal model of the current account based on the prevailing theoretical and empirical literature of PVMCA (Obstfeld and Rogoff 1996, Cerrato et al. 2014). The proposed model is based on the budget constraint of present and future consumption, which...

This paper aims to develop an Islamic intertemporal model of the current account based on the prevailing theoretical and empirical literature of PVMCA (Obstfeld and Rogoff 1996, Cerrato et al. 2014). The proposed model is based on the budget constraint of the present and future consumption,...

This paper aims to develop an Islamic intertemporal model of the current account based on the prevailing theoretical and empirical literature of PVMCA (Obstfeld and Rogoff 1996, Cerrato et al. 2014). The proposed model is based on the budget constraint of the present and future consumption,...

This paper aims to develop an Islamic intertemporal model of the current account based on the prevailing theoretical and empirical literature of PVMCA (Obstfeld and Rogoff 1996, Cerrato et al. 2014). The proposed model is based on the budget constraint of the present and future consumption,...