Publication:

People's wellbeing: a strive to meet maqasid al-Shariah

Show simple item record
DC FieldValue
dc.contributor.authorMaznita Mokhtar
dc.contributor.authorMohamed Ariff Abdul Kareem
dc.contributor.authorObiyathulla Ismath Bacha
dc.date.accessioned2020-12-08T12:46:33Z
dc.date.available2020-12-08T12:46:33Z
dc.date.issued2020
dc.description.abstractThere is wide consensus that the ultimate objective of government policies is to improve the quality of people's lives. The reality, however, is that the impact of government policies tends to be measured rather in terms of GDP growth as proxy for progress. The debate about growth vs. development is not new as the distinction between these concepts was recognized since the 1970s. GDP growth has often been understood in terms of improvement in the quality of life. However, further research is indicating that inequality affects sustainable growth (Berg and Ostry 2011), which in turn reduces the ability to improve the quality of life. This is the case of many OECD nations where household income of the richest segment grew faster than that of the poorest (OECD 2011a). Thus, the redistribution of income and wealth should not be regarded as a substitute but a complement to economic growth (Mat Zin 2008).en_US
dc.identifier.citationMokhtar, M., Abdul Kareem, M. A., & Bacha, O. I. (2020). People's wellbeing: a strive to meet maqasid al-Shariah. In Zamir Iqbal, Nabil El Maghrebi and Abbas Mirakhor (Eds.), Handbook of analytical studies in Islamic finance and economics (pp. 521-544). Berlin: Walter de Gruyter.en_US
dc.identifier.isbn9783110587920 (eISBN)
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/3315
dc.languageEnglish
dc.language.isoengen_US
dc.publisherWalter de Gruyteren_US
dc.rights2020. Walter de Gruyter
dc.sourceSEDONA
dc.subjectQuality of lifeen_US
dc.subjectGDP growthen_US
dc.subjectEconomic growthen_US
dc.subjectMaqasid Shari'ahen_US
dc.titlePeople's wellbeing: a strive to meet maqasid al-Shariahen_US
dc.typeChapter in Booken_US
dlc.maintopicIslamic economicsen_US
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseFull text not available from this repository
ikr.topic.maintopicIslamic economicsen_US
relation.isAuthorOfPublication8e8de113-9c2e-4faf-8482-04f179564a0e
relation.isAuthorOfPublication8e8de113-9c2e-4faf-8482-04f179564a0e
relation.isAuthorOfPublication8e8de113-9c2e-4faf-8482-04f179564a0e
relation.isAuthorOfPublication.latestForDiscovery8e8de113-9c2e-4faf-8482-04f179564a0e
Appears in Collections
Chapter in Book
Files

Abstract View

2653428

View & Download

167576