Risk sharing and the systemic fragilities of debt-economy
This study explains risk transfer, associated with debt-basedfinancing, as the main cause of financial crises in the world. It presents the casefor a financial architecture based on risk sharing that, in turn, is likely to makethe financial system less fragile and more stable. This study also highli...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
[publisher not identified]
2018
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| In: |
Intellectual discourse
Year: 2018, Volume: 26, Pages: 291-308 |
| Online Access: |
Volltext (lizenzpflichtig) |
| Summary: | This study explains risk transfer, associated with debt-basedfinancing, as the main cause of financial crises in the world. It presents the casefor a financial architecture based on risk sharing that, in turn, is likely to makethe financial system less fragile and more stable. This study also highlights thesignificance of Islamic finance in this regard. |
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| ISSN: | 2289-5639 |
| Contains: | Enthalten in: Intellectual discourse
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