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Addressing a topic at the forefront of global interests in business and development, this book is the first comprehensive book in the world that addresses ESG wholistically. It combines academic and practical content through multidisciplinary analysis, integrating economics, statistics, finance, strategic management and mathematics with an African focus. The book argues that ESG is largely in the interest of the firms/companies themselves, in addition to benefitting the larger society in which they exist. It also makes it everyone's responsibility to play a part in addressing global climate challenges. Thus, the book views the survival of the corporations, economies and the larger societies as interlinked. It will be of interest to researchers, policymakers and business persons in and outside of Africa.
This book assesses the impact of the African debt crisis on poverty. The author studies the relationship between debt and socio-economic development in Sub-Saharan Africa. Furthermore, Sonko analyzes the impact of debt-induced expenditure adjustments, including budgetary retrenchment in an African economy undergoing structural adjustment. Sustainable, self-reliant development, debt relief, and the redesign of structural adjustment programs to make them less controversial and more effective in Africa are required. The overall analysis is conducted with a view to what the author refers to as the "state of global interconnectedness," implying the need for global economic policy coordination and assistance in finding solutions to Africa's development problems. Contents: The Debt Burden: Trends, Causes and Comparative Analysis; Debt and Development; Debt, Adjustment and Equity; Structural Adjustment Programs: Criticisms, Evolution and Forms for the 1990s; The African Debt Crisis: What Can and Should be Done? Summary and Concluding Remarks; Appendix; Bibliography; Index.
Islamic Finance in Africa discusses the progress, issues and innovations in African Islamic financial markets. It provides a comprehensive overview of Islamic finance in Africa by exploring legal, regulatory and governance challenges while balancing the issues and innovations found in both Islamic commercial and social finance.
There has been a rapid increase in the interest in the study of Islamic finance, resulting in a dramatic rise in financing since the beginning of the century. By the end of 2017 global industry assets had reached $2.4 trillion and were forecasted to reach $3.2 trillion by 2020, despite historic challenges to Islam itself at the same time. This collection of chapters provides key theoretical, empirical, and policy insights into Islamic finance from an overall complex financial and economic systems perspective. Within the complex financial and economic systems framework, this book addresses questions such as how to conceptualize Islamic financial institutions in a nonlinear general equilibrium system, how to promote Islamic Finance in Africa, how “Islamic” is Islamic finance, and how it affects price stability, among other topics. The book provides case studies in Africa and Asia, addresses the subject in a structural financial CGE model, demonstrates the development impact of Islamic finance, and presents an Islamic version of the Iceland Plan for Monetary Reform.
Since the early 2000s, almost every great, middle and even small power has developed a tendency to deepen their relations in the Asia-Pacific region. This tendency is also valid regarding international and regional organizations. In addition to state actors, non-state and even sub-state actors have assigned a certain value to this region in their strategic calculations. With such a tilt, Asia-Pacific actors have become a focal point of global politics. The increasing significance of the region has been boosted by the rising Asian powers, such as China, India, Japan, Australia, South Korea, and Indonesia. With all this dynamism, extra-regional actors have increased their economic, political, ...
This book deals with the dimensions of ethnicity and ethnic interaction in Northeast Africa. It proposes a mechanism to establish a condition of peaceful co-existence among ethnic groups in the region. Contents: List of Tables and Diagrams; Foreword; Preface; Acknowledgements; Language and Ethnicity; Religion and Ethnicity; Territory and Ethnicity; Conflict History; Conflict Management Systems; Peace, Democracy, and Regulation of Conflict; References; Index.
Islamic Social Finance provides an introduction to the Waqf system, which has played a significant socio-economic role throughout the history of Islamic civilization. In a contemporary framework, Waqf creates new networks between micro-entrepreneurs, Small and Medium Sized Enterprises (SMEs), and entrepreneurship through voluntary donations made by individuals in a society. In other contexts, Waqf supports the financial system and contributes to the UN sustainable development goals (SDGs).
This work looks at the process of European integration by focusing on interest intermediation in the European Community. In order to characterize and explain various patterns of interest intermediation, the author employs a modified, neo-institutionalist approach. This framework provides a coherent picture of interest intermediation and explains the variety of bargaining patterns and interest group participation in EC policy-making. This study also looks at issues important to the future of the European Union, focusing on policy-making, governance, and fair distribution of costs and benefits of integration. Euro-Corporation? will interest students and scholars of international relations, regional integration, European politics and European integration, interest groups, and industrial relations.
Although it is widely recognised that Africa's security problems are acute, it has never been a subject of much intellectual inquiry. This lack of scholarly discourse on the many dimensions of the problems of African security is the major consideration of this book. The approach to the questions of security differ markedly from the traditional approach that gives primacy to the threat of military aggression as sole factor in state security. A departure must be made from this dominant preoccupation in a new global order that has seen profound changes.