nep-isf New Economics Papers
on Islamic Finance
Issue of 2019‒11‒04
three papers chosen by

  1. Terrorism and Emergency Constitutions in the Muslim World By Bjørnskov, Christian; Voigt, Stefan
  2. The Impact of Iranian-Islamic Architectural Style on India's Taj Mahal By Mohammad Sepehri; Mahmood Seyyed
  3. Trajectories of Knowledge Economy in SSA and MENA countries By Simplice A. Asongu; Antonio R. Andrés

  1. By: Bjørnskov, Christian; Voigt, Stefan
    Abstract: The Middle East is the most terror-prone region of the world. It is almost exclusively governed by autocratic regimes that often explicitly refer to Islam to justify some of their policies. In this paper, we analyse government reactions to terrorist events in the states that are members of the Organisation of Islamic Cooperation. We find that the respective emergency constitutions, despite the political characteristics of the region, do channel their behaviour. Emergency constitutions that make it relatively cheap for governments to declare a state of emergency are more likely to lead to such declarations. Our evidence thus suggests that emergency constitutions also impact on the behaviour of largely autocratic governments.
    Keywords: terrorism,state of emergency,constitutional emergency provisions,institutions,positive constitutional economics,Middle East,Organization of Islamic Cooperation
    JEL: K40 Z13
    Date: 2019
  2. By: Mohammad Sepehri (Central tehran branch, Islamic Azad University, Tehran); Mahmood Seyyed (Central tehran branch, Islamic Azad University, Tehran)
    Abstract: The Islamic architecture as a stout tree has rooted in the peninsula of Arabia and its branches and leaves in neighboring countries like Iran, and its flowering in the continent of India and the Far East are visible. The study of impact of Persian- Islamic architecture and results of its growth and maturity in the Subcontinent of India can be used as a feedback in the process of architecture.With regard to the beginning of the Moslems' entrance to the Indus valley, in the eighth century, no traces of this period has been left except the cramped quarters of a small mosque, but in the twelfth century, the Moslems started creating some valuable works again. After various periods and in the age known as Mongol (Mughals of India) architecture of the Subcontinent influenced greatly by the art of Iran, flourished considerably. The Taj Mahal is one of the famous works of Islamic architecture in the world which was build in this period by the strong hands of Muslim architects- some of them were Persian.
    Keywords: architecture, Iranian style, Islam, India, Taj Mahal.
    Date: 2019–07
  3. By: Simplice A. Asongu (Yaoundé/Cameroon); Antonio R. Andrés (Ostrava, Czech Republic)
    Abstract: In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bank’s Knowledge Economy Index (KEI): economic incentives, innovation, education, and information infrastructure. The main finding suggests that sub-Saharan African (SSA) and the Middle East and North African (MENA) countries with low levels of KE dynamics and catching-up their counterparts of higher KE levels. We provide the speeds of integration and time necessary to achieve full (100%) integration. Policy implications are also discussed.
    Keywords: Knowledge economy; Principal component analysis; Panel data; Convergence; Development
    JEL: F42 O10 O38 O57 P00
    Date: 2019–01

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