Doing business in Islamic countries: an overview

The access of Western companies -in particular the Spanish ones- to countries and markets where strong presence of Islam religion is consistent and significant. The relevance of this business target and model is growing, due to the combination of several factors: the relative higher growth of this r...

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Bibliographic Details
Main Author: Escario, Angel Andreu (Author)
Format: Electronic Article
Language:English
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Published: Ediciones Universidad Valladolid 2020
In: Journal of the sociology and theory of religion
Year: 2020, Volume: 9, Pages: 32-46
Further subjects:B Apertura: Modelos de éxito
B : Islam
B Estrategias de desarrollo
B Países del Golfo
Online Access: Presumably Free Access
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520 |a The access of Western companies -in particular the Spanish ones- to countries and markets where strong presence of Islam religion is consistent and significant. The relevance of this business target and model is growing, due to the combination of several factors: the relative higher growth of this religion and the prevalence of the religious practices in the economies and cultures, the more accelerated (on average) economic development despite the specific crisis and oil price turmoil, the international expansion of partnerships and foreign investments that many of these countries are addressing, the consolidation of a synergic "Islamic economy and business practice" usually restrained and limited to similar Islamic countries but nowadays more tolerant to non-Islamic ones, and the progressing opening of these countries and economies to global rules of commerce, intellectual property, business ownership and international operations. There is kind of a global consensus on the positive forecast of these trends, that will make the key direction of development of most of these countries in the next years. 
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