Economic Development in the Middle East pdf

Founder of the Islamic finance programme at Durham University where he continues to be an Emeritus Professor. Visiting Professor at the Qatar Faculty of Islamic Studies and Adjunct Professor at the International Centre of Education in Islamic Finance (INCEIF), Kuala Lumpur. Served as advisor on Shari’ah governance to the Islamic Financial Services Board, Kuala Lumpur, (2007-9). Advised the Central Bank of Qatar on monetary policy and prudential ratios, (2009-10). Undertook a project for African Development Bank on the status and potential for Islamic finance in North Africa, (2011). Working on capital markets in North Africa for African Development Bank. Wrote 12 books and over 40 articles.

Economic Development in the Middle East pdf by Rodney Wilson

Despite its oil resources,the Middle East is falling behind other regions of the developing world, notably the countries of East and South East Asia. Rodney Wilson examines the economic prospects for the region considering: *the consequences of rapid population growth, including the implications for education and employment; *low savings levels; *the absence of significant inflows of private capital and foreign investment; *fragmentation of the banking system; *the basic ecomomic infrastructure and the problems caused by excessive military expenditure; *falling oil prices; *budget deficits; The author examines alternative economic directions for the region arguing that both the methods and goals of development have to be reassessed in a region where Islam prevails.