Research
Economy
S.M.Reza Amiri Tehrani
Abstract
The Art of Islamic Banking and Finance narrates the author’s (Yahia Abdul- Rahman) achievement in constituting an interest-free bank in the U.S.A. As a matter of fact, he explores banking and finance laws and regularities in the U.S as well as the Islamic banking system in the ...
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The Art of Islamic Banking and Finance narrates the author’s (Yahia Abdul- Rahman) achievement in constituting an interest-free bank in the U.S.A. As a matter of fact, he explores banking and finance laws and regularities in the U.S as well as the Islamic banking system in the world. The remarkable difference between these two kinds of banking systems is that the former is based on the monetary market and the latter on the real economy. In the Islamic banking system, the rent expense of a commodity to be financed is measured based on rules known as “commodity indexation” and “marking to market”. Moreover, in such a system, the interest rate of the ordinary banking system is substituted with the rent expense of a commodity. Thus, rent expenses are not fixed like interest rates. The prominent characteristic of an Islamic banking system is not only its interest-free feature but also its civility and social responsibility. The main pitfalls of the book include a lack of comprehensive discussion and a lack of reporting the Islamic banking systems of other Muslim countries. Besides, no thorough analysis of banking system experiences has been done and has not paid attention to the critique of the Iranian banking system.
Research
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 ...
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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.
Research
Economy
Narges Hajimoladarvish
Abstract
The Fundamentals of behavioral economics and finance by Ali Saidi and Seyed Mohamad Javad Farhanian was first published in 2012 and the second edition was out in 2015. While the book covers a wide variety of subjects in behavioral economics and finance, it fails to logically connect the materials together ...
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The Fundamentals of behavioral economics and finance by Ali Saidi and Seyed Mohamad Javad Farhanian was first published in 2012 and the second edition was out in 2015. While the book covers a wide variety of subjects in behavioral economics and finance, it fails to logically connect the materials together within a broader context. The authors neither provided theoretical foundations nor investigated applied aspects of behavioral economics and finance systematically. Furthermore, a good deal of materials is translated from English. The authors provide a list of behavioral biases followed by prescriptions to fight against them without proofing that increasing information cause behavior change. This is not consistent with an evidence-based approach to behavioral economics and finance. Moreover, the existence of personal and unproven prescriptions in the book is simply unscientific that undermines the credibility of behavioral economics and finance.
Research
Economy
Hassan Heydari; Hassan Mirzaei
Abstract
Translation is one of the most important tools for knowledge transfer, especially for the academic community, so translation of a book like its original version has a special value and importance. One of the most valuable and academic books is "Microeconomic Analysis" which is written by Hal.R Varian ...
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Translation is one of the most important tools for knowledge transfer, especially for the academic community, so translation of a book like its original version has a special value and importance. One of the most valuable and academic books is "Microeconomic Analysis" which is written by Hal.R Varian which is one of the top scientific sources of microeconomics. Ney Publishing has published this book which is translated by Mr. Reza Hosseini and now it is one of the educational resources of microeconomics in postgraduate studies in Iranian universities. Given the valuable position of this book, its translation requires a critical review and this article has tried to evaluate the weaknesses and strengths of this book according to the analytical-descriptive method by quantitative and qualitative analysis. It means discussing the appearance features, writing, edition, idiomatic translations, and text translation. It has been concluded that the translation of this book is quantitatively acceptable, but it has qualitative disadvantages that are not sufficient for the translation of an academic scientific book. It is suggested that due to the numerous editions of the book's translation and its importance, the next editions of this translation should be reviewed and the proposed corrections can be considered.
Research
Economy
Bahman Khodapanah; Mohammad Ali Moradi; Hamid Padash; Kamal Sakhdari
Abstract
Entrepreneurship transforms the challenges of regions into opportunities such as increasing employment and income rates, reducing crimes caused by unemployment and poverty. Clearly, entrepreneurship development is not possible without efficient institutions that respond creatively and entrepreneurially ...
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Entrepreneurship transforms the challenges of regions into opportunities such as increasing employment and income rates, reducing crimes caused by unemployment and poverty. Clearly, entrepreneurship development is not possible without efficient institutions that respond creatively and entrepreneurially to local and regional issues and challenges. Hence, the purpose of the present study is to identify the institutional barriers to entrepreneurship development in Iran from a historical perspective before the Islamic Revolution of 1979. Therefore, 12 sources related to Iran's underdevelopment have been selected and were analyzed by using the theme analysis strategy and Atlas T software in two stages of open and axial coding. According to the results, the main root of entrepreneurship underdevelopment in Iran should be examined in the course of history, and the unfavorable business environment at the present time is not the only reason for the lack of entrepreneurship development in Iran . The most important institutional barriers identified in the studied texts can be classified into 6 main categories: administrative barriers, economic barriers, social and cultural barriers, legal and regulatory barriers, political barriers, personal and cognitive barriers, which are part of these barriers (administrative, economic, legal-regulatory, political) in the category of formal institutions and another part (socio-cultural and cognitive-personal) in the category of informal institutions.
Research
Economy
Leila Sadat Zafaranchi
Abstract
From long ago, economics has considered the family issue, but the science of "family economics" in the current economic literature is a serious new branch. Studies show the limited and a few attentions of Iranian researchers to this economic branch. The book "Household Economics" is one of the few works ...
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From long ago, economics has considered the family issue, but the science of "family economics" in the current economic literature is a serious new branch. Studies show the limited and a few attentions of Iranian researchers to this economic branch. The book "Household Economics" is one of the few works that has tried to provide basic explanations of common concepts in family economics, in order to provide an introduction to access to richer fields based on religious and national concepts. This article, respecting this valuable target and understanding the need for such rich writings in this field, has tried to review the book "Household Economics". The article is organized in five sections and meanwhile introducing the book briefly, some formal objections and writing principles are pointed out. In the content criticism, the following issues are mentioned: Lack of the necessary comprehensiveness of the work based on the theoretical literature, ignoring the main target society of the book by the authors as well as the indiscriminate use of multiple sources and translations. In general, the book lacks the power of effective analysis and presentation of the specific offer. Since the purpose of reviewing this book in this article is to evaluate the book's competence for its educational status in interdisciplinary studies, the present book seems to be far from achieving this goal.
Research
Economy
Ali Saeedi
Abstract
Recent years have experienced affluent literature in behavioral economics in Persian scope. The Principles of Behavioral Economics: Individual Decision-Making written by Maryam Haji-MollaDarvish is one of these works which is reviewed and criticized in this paper. The focus on the book is on individual ...
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Recent years have experienced affluent literature in behavioral economics in Persian scope. The Principles of Behavioral Economics: Individual Decision-Making written by Maryam Haji-MollaDarvish is one of these works which is reviewed and criticized in this paper. The focus on the book is on individual decision-making and to this extent, after introducing neoclassic models, the theories of behavioral economics are discussed. However, most parts of the book are devoted to introducing neoclassic models while seems unnecessary. The book lacks any coherent theme or main idea and it is just a collection of discussions in behavioral economics. Having no discussion about behavioral issues of Iranian economics has unleashed the book just as a translation work. In spite of insisting on the complementary role of behavioral economics for neoclassic one and not rejecting it, most behavioral economists declare it as a heterodox school against mainstream neoclassic economics. The book is suitable as an auxiliary resource for microeconomics 1 and behavioral economic course.
Research
Economy
Abrahim Salehabadi
Abstract
The book “Parliament and the Development of National Economy in Iran” is a book that examines the role of parliament in the underdevelopment of Iran's national economy. The main issue is the book of Iran's underdevelopment, but the author makes no mention of the problematic role of parliament ...
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The book “Parliament and the Development of National Economy in Iran” is a book that examines the role of parliament in the underdevelopment of Iran's national economy. The main issue is the book of Iran's underdevelopment, but the author makes no mention of the problematic role of parliament in development. In the theoretical explanation of the problem, the book tries to combine the theories of Katozian, Leftovich, and the rentier state by choosing the theory of rational choice as the starting point in order to explain the underdevelopment. Finally, the author confirms his theoretical framework, arguing that the combination of the effects of the rentier government and the dual-majority electoral system as a structured platform for the action of political actors weakens the national economy. A critical review of the book shows that the author has not been able to express his problem accurately. The theories used in the research are incompletely presented. The research method has lost its critical aspect and the theories used are responsible for establishing relationships between variables; something that had to be done by reasoning. The presence and absence of the book with the comprehensive presence of the variables were done in a defective way and the research results did not result from the theoretical and methodological requirements of the book.
Research
Economy
Hamidreza Abdollahian
Abstract
The book “Feasibility Study of Issuance of Sukuk in Iranian Economy, a Case Study of Mining and Mining Industries” is a report of a research project carried out by Amir Hossein Mozini in the Economics Research Institute of Tarbiat Modares University. This work deals with how the mining sector ...
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The book “Feasibility Study of Issuance of Sukuk in Iranian Economy, a Case Study of Mining and Mining Industries” is a report of a research project carried out by Amir Hossein Mozini in the Economics Research Institute of Tarbiat Modares University. This work deals with how the mining sector is financed through the issuance of Istisna's Sukuk. This article, while introducing the work in general, examines and critiques it from the formal and content aspects. The findings of this paper show that although it provides a methodical method for examining the possibility of using Sukuk in different sectors of the economy and is somewhat of a practical effect, it has both formal and content characteristics. There are also some drawbacks such as lack of literary and scientific editing of the work, the weakness in the logical order and sequence of content, and the topics do not have the necessary strength. Ignoring first-hand sources and confusion in how to refer are other drawbacks of this work. In this work, the author does not mention the role of the Central Bank of Iran and the impact of its policies, especially its role in the regulatory pricing of Sukuk. This is one of the most important reasons why various economic sectors do not welcome Sukuk as an Islamic financing tool.
Research
Economy
Saeed Attar
Abstract
The political economy approach means analyzing the political roots of economic performance. The main purpose of this article is to review and evaluate the most important strengths and weaknesses of the book "Political Economy of the Islamic Republic" by Bahman Ahmadi Amoui. In the framework of political ...
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The political economy approach means analyzing the political roots of economic performance. The main purpose of this article is to review and evaluate the most important strengths and weaknesses of the book "Political Economy of the Islamic Republic" by Bahman Ahmadi Amoui. In the framework of political economy analysis, the book tries to examine the orientations and practices of the Iranian economy in the 1981s and 1991s. The book is prepared in 6 chapters and includes a series of interviews with 6 decision-makers of the Iranian economy in that period. In the first half of this article, I first introduce the book in general. Then, the advantages and disadvantages of the book along with its content advantages are examined. In the second half of the article, the content of the book is reviewed and critiqued. In this section, the components of an "in-depth analysis of the political economy of the Islamic Republic" are examined. This paper is analytical research with a critical approach through a case study of the book.
Research
Economy
Wahhab Qelich
Abstract
The unpleasant effects of the Corona illness outbreak on world economies forced some economists to survey and analyze the effects of Corona illness on the economy. The book “Corona Economy: Resistance Economy in Corona Virus Age” is the first significant book in this subject with the purpose ...
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The unpleasant effects of the Corona illness outbreak on world economies forced some economists to survey and analyze the effects of Corona illness on the economy. The book “Corona Economy: Resistance Economy in Corona Virus Age” is the first significant book in this subject with the purpose of salvation roads recognition for the Iranian economy with resistance economy review. Among the two criticism axes of structure and content, the paper concludes this book as the aggregation of some viewpoints of economic experts, despite many advantages such as innovative and fluent text, it has some defects. The important defects are disconnection in present flow, snap in publishing before determining the Corona effects dimensions, incorrect format, insufficient usage from global studies, and finally lack of comprehensiveness in analysis and solutions. Therefore, it seems the book cannot reach its goals. The paper suggests correction notes to improve and complete its structure and content.
Research
Economy
Amir Hossein Mozayani
Abstract
Achieving continuous economic growth has been and is one of the focal points in policy-making. This issue is mostly studied using economic growth models and approaches. One of the newest approaches to economic growth is pro-poor growth and subsequently the inclusive growth. These two approaches were ...
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Achieving continuous economic growth has been and is one of the focal points in policy-making. This issue is mostly studied using economic growth models and approaches. One of the newest approaches to economic growth is pro-poor growth and subsequently the inclusive growth. These two approaches were offered when it was observed that poor people do not enjoy the benefits of economic growth comparing to other sections of society. One of the books published in this field is the book "Inclusive Growth in the Provinces of Iran: Policies and Indicators", the review and critique of which is on the agenda of this article and meanwhile attempts are made to provide suggestions for improving the content of the book in future editions. The findings of the book indicate that economic growth in Iran has been low in recent years and at the same time labor force participation has played an effective and significant role in the overall growth in the provinces. However, government policies that could have played an effective role in reducing poverty and inequality in the provinces have not been very successful in practice. In conclusion, it seems that moving toward inclusive growth requires the design and implementation of a coherent policy package from different dimensions.
Research
Economy
Gholamreza Mesbahi Moghaddam
Abstract
The purpose of this article is to evaluate the book entitled” Fundamentals of Political Economy”, which is presented from a Marxist point of view. The method of study is documentary and analytical. The result of the study is that the views of the work are criticized in terms of the production ...
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The purpose of this article is to evaluate the book entitled” Fundamentals of Political Economy”, which is presented from a Marxist point of view. The method of study is documentary and analytical. The result of the study is that the views of the work are criticized in terms of the production of material wealth, income distribution due to the ownership of the means of production, historical materialism, mode and relation of production, views on the laws of society, primitive man, language, labor theory of value, embodied labor, socially necessary labor time, money as a measure of value, surplus value, capitalist society, capital as the social relation of production, surplus labor, the fundamental contradiction of the capitalist system, the accumulation of capital and the deterioration of the conditions of workers and the industrial reserve army, land rent and large-scale production.
Research
Economy
Fatemeh Mehrabani
Abstract
Engineering economics is one of the branches of economics. It is effective in implementing the goal of the economy, which is the optimal allocation of resources to unlimited human demands. One of the published books in the field of optimal allocation, planning, and policy-making is "Economic Evaluation ...
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Engineering economics is one of the branches of economics. It is effective in implementing the goal of the economy, which is the optimal allocation of resources to unlimited human demands. One of the published books in the field of optimal allocation, planning, and policy-making is "Economic Evaluation of Projects". The purpose of writing such a book is to teach the concepts needed by economic activists and their application in making the right decisions in order to prevent the waste of economic resources. The present book, due to various shortcomings such as lack of innovation, presentation of concepts in a scattered and out of order way and lack of a practical example that comprehensively covers the subject, lack of proper formulation of topics related to the advanced concept deals more with practical topics than advanced topics - and the inclusion of some general topics that have no place in advanced and specialized topics, failure to present the behavioral goals of each chapter, inconsistency of title and content from achieving explanation, description and proper description of the subject and purpose are other drawbacks of the present book. The book mentioned in this article has been reviewed in a critical-argumentative way, in the field of library studies, away from any prejudices and with fairness, and some parts have been researched and elaborated.
Research
Economy
Seyed Hossein Mirjalili
Abstract
In this paper, the book entitled “Freefall; America, Free Markets and the Sinking of the World Economy” is reviewed which is about the causes of the financial crisis of 2007-2009 in the US economy. The author is a world-renowned economist and the book has been translated into more than 20 ...
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In this paper, the book entitled “Freefall; America, Free Markets and the Sinking of the World Economy” is reviewed which is about the causes of the financial crisis of 2007-2009 in the US economy. The author is a world-renowned economist and the book has been translated into more than 20 languages. In this review, for collecting information, the books and articles are used as scientific documents, and for analyzing information, the descriptive-comparative method was applied. The book has a logical consistency. It begins with the origins of the crisis, and then discusses the consequences, policies, motivations, and necessary reforms in the economy and the attitude of American society. The shortcomings of the translated book, in addition to typographical errors and the need to revise some jargons, are the lack of translation of the footnotes of the chapters, which make up 73 pages of the translated book. Despite the relative coherence of the work, the translated book suffers from the exclusion of America from the title of the book, despite the fact that the whole book is about the American economy. The hopeful statements appeared at end of the book without providing a solution, and lack of analysis for the effects of Reagan economics as a background of the financial crisis, and also the neglect of systemic risk. The book highlights the adverse effects of materialism, extremist individualism, and market fundamentalism on American society. It also explains the neoclassical foundations of policies that led to the financial crisis and the battle of ideas in economics.
Research
Economy
Mohammad Javad Nourahmadi
Abstract
This book explains the impact of dirty money on the functioning of the global capitalist system. Raymond Baker introduces a three-loop interconnected chain of interactions, including lawlessness, inequality, and the philosophy of utilitarianism, as the Achilles' heel of capitalism which has provided ...
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This book explains the impact of dirty money on the functioning of the global capitalist system. Raymond Baker introduces a three-loop interconnected chain of interactions, including lawlessness, inequality, and the philosophy of utilitarianism, as the Achilles' heel of capitalism which has provided the ground for the vulnerability of this system, especially in the twentieth century. Baker considers the restructuring of the free market system and the continuation of the optimal functioning of this system in the 21st century to be subject to serious reforms in the philosophy of capitalism, namely utilitarianism, with an emphasis on the theory of justice of John Rawls and Thomas Pogg. He believes that effective measures to reduce inequality in wealth within and between countries should be taken to reduce dirty money and debt forgiveness of developing countries. Baker also recommends institutional changes in the structure of the World Bank and the financial system of developed countries to reduce the creation and flow of dirty money from developing and transition countries. In this article, while evaluating the form and content of Baker's book, his innovations in the critique of the global capitalist system are presented from within and compared with other critiques of capitalism, and suggestions for updating the book are presented.
