What is it about?
The aim of this paper is to analyse the different measures taken by the G7 and G20 leaders to face the current global financial crisis and to show whether such decisions represent a return to protectionism.
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Why is it important?
The paper represents a point of view on the financial crisis, the return to protectionism and the role of Islamic banking
Perspectives
This financial crisis pushed most developed countries to lower their banking rates and to implement null- approximating interest rates, a move which replicates the principle adopted by Islamic banks
Professor Mohamed Ali Trabelsi
Faculty of Economics and Management of Tunis, University of Tunis El Manar
Read the Original
This page is a summary of: The impact of the financial crisis on the global economy: can the Islamic financial system help?, The Journal of Risk Finance, January 2011, Emerald,
DOI: 10.1108/15265941111100049.
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