Economy
Ali Saeedi
Abstract
Methodology of Islamic Economics is a textbook for MA and PhD students of Islamic economics. Using the concept of institution, the author has tried to make a connection between the Shari'a rules, as matters of conventionals, and economic realities and concludes that differences of conventionals in Islamic ...
Read More
Methodology of Islamic Economics is a textbook for MA and PhD students of Islamic economics. Using the concept of institution, the author has tried to make a connection between the Shari'a rules, as matters of conventionals, and economic realities and concludes that differences of conventionals in Islamic societies and others, requires differences in social realities and so Islamic economics requires a different methodology. The author then examines a list of institutions derived from the Shari'a rules and how it affects social realities. The main drawback of the book is to move away from the methodology and there is almost no discussion about the evaluation of theories of Islamic economics or the criterion of the scientific nature of these theories. Much of the book discusses the differences between Islamic economics theories from those of neoclassical economics. The author has used some concepts of institutionalism without clarifying the relationship between institutionalism and Islamic economics. The critique of the foundations of neoclassical economics also relies on other schools of economics, including the German historical school and behavioral and institutional economics, while the author was expected to critique from the perspective of Islamic economics. It is suggested that the title of the book can be changed and the author can make a fundamental review of the book's topics in the next edition.
Economy
Seyed Hossein Mirjalili
Abstract
Understanding the logic behind the success and failure in economic growth, and institutional and global arrangements is the subject of this book. Identifying growth’s binding constraints and the need for finding solutions for development issues according to the circumstances of countries is an ...
Read More
Understanding the logic behind the success and failure in economic growth, and institutional and global arrangements is the subject of this book. Identifying growth’s binding constraints and the need for finding solutions for development issues according to the circumstances of countries is an alternative approach to this book on development. This paper aims at evaluating “One Economics, Many Recipe” in presenting an initiative for economic growth and development. Analytical-descriptive method is used in reviewing the book and conducting methodological assessment. The results indicated the advantages and challenges of the arguments put forwarded by the book. Among the advantages is the consideration of each country's circumstances in growth policy, the lack of one size fits all for economic policies for development, challenging the universalism of neoclassical teachings, the distinction between ignition of growth and its sustainability, and questioning of the exaggerating in the benefits of trade liberalization. Among the challenges are using the prescription on the title of the translated book, problems in implementing the growth diagnostic method, utilizing qualitative methods instead of quantitative in growth diagnosis in practice, neglecting policies and measures for the second stage in growth sustainability, and methodological assessment of growth diagnosis.
Economy
Farhad Tarahomi
Abstract
The book Endogenous Regional Development: Leadership and Institutions examines the role of the three components of leadership, institutions, and entrepreneurship in creating endogenous regional development. The main idea of the authors is that these three elements can provide the basis for the correct ...
Read More
The book Endogenous Regional Development: Leadership and Institutions examines the role of the three components of leadership, institutions, and entrepreneurship in creating endogenous regional development. The main idea of the authors is that these three elements can provide the basis for the correct guidance of the two factors of resource endowment and adaptation to the market structure towards endogenous regional development. This statement is based on facts revealed in different parts of the world. The method of the present article in reviewing the book is documentary and analytical and the purpose is to evaluate the work with an emphasis on its content critique. The results of the study show that although the concepts contained in the book cover part of the scientific needs of the country, it has shortcomings such as not testing the proposed model, mentioning indicators that cannot be measured accurately, and using inappropriate criteria in measuring is one of the introduced indicators. In addition, a precise and specific definition of the region is not given. Furthermore, expressing the experiences of different regions, which makes up a large part of the book, lacks a general conclusion.
