Publication:
Markets and the role of government in an economy from Islamic perspective
Abstract
This paper explains the notion of market in historical perspective and the role markets play in free enterprise economies. It lists the major market failures and the role governments are expected to play in regulating and supplementing markets including the promotion of CSR from Islamic perspective. The discussion is limited to product and factor markets.
Keywords
Market , Invisible hand , Market failures , Islam and markets , Role of government , CSR
Citation
Hasan, Zubair. (2008). Markets and the role of government in an economy from Islamic perspective. MRPA Paper, 12233, pp. 1-11.
Publisher
Munich University Library