nep-isf New Economics Papers
on Islamic Finance
Issue of 2020‒01‒27
four papers chosen by

  1. Islamic Republic of Afghanistan; Technical Assistance Report-Report on Government Finance Statistics Technical Assistance Mission (October 18-31, 2018) By International Monetary Fund
  2. Does education secularize the Islamic population? The effect of years of schooling on religiosity, voting, and pluralism in Indonesia By Masuda, Kazuya; Yudhistira, Muhammad Halley
  3. Islamic Republic of Afghanistan; Staff Report for the 2019 Article IV Consultation and the Sixth Review under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Islamic Republic of Afghanistan By International Monetary Fund
  4. Pesona Keraton sebagai Daya Tarik Wisata di Kota Yogyakarta By Yogyakarta, Perpustakaan STIPRAM; Putra, Bimo Narindra

  1. By: International Monetary Fund
    Abstract: In response to the Islamic Republic of Afghanistan authorities’ request, a government finance statistics (GFS) mission visited Amman, Jordan during the period October 18–31, 2018 to provide technical assistance (TA) to further improve GFS compilation and dissemination, consistent with the Government Finance Statistics Manual 2014 (GFSM 2014) and developing GFS that can better support IMF surveillance. TA in GFS was previously provided to the Afghan GFS compilers in 2010 following the methodology of the GFSM 2001. The mapping from Afghanistan Financial Management Information System (AFMIS) to the classification of GFS and Classification of Functions of Government (COFOG) have come out of date, requiring review, and update in line with GFSM 2014. These have been the key reasons for the authorities discontinuing to produce GFS consistent with the GFSM 2014 methodology, while financial data has been produced on time according to the national methodology.
    Keywords: Financial management information systems;Financial statistics;Public financial management;Financial statements;Financial data;ISCR,CR,GFS,BCG,extrabudgetary,source data,general government
    Date: 2019–12–20
  2. By: Masuda, Kazuya; Yudhistira, Muhammad Halley
    Abstract: The association between schooling and religious beliefs has been widely documented in the social science literature. Evidence of a causal relationship is, however, limited, particularly in developing countries where religion still plays a significant role in politics and legislation. To bridge this gap in the literature, the present study uses the across cohort variations in the exposure to 1978 education reform in Indonesia to examine the impact of completed years of education on individual religiosity in later life. The results suggest that attaining another year of schooling reduces self-reported religiousness by four percentage points. Consistent with this finding, it also changes solitary religious acts by reducing the number of times individuals pray and the likelihood that they eat only halal food. Educational attainment, however, has little effect on participation in social religious activities or attitude toward other faiths, although it does reduce the religious influence on voting behavior. These results suggest that a program promoting educational attainment in Islamic countries may have an important impact on individual’s religiosity and country’s political economy in the long run., Highlight:・Evidence of a causal relationship between individual education and religiosity is limited in developing countries ・We use the 1978 education reform in Indonesia to examine the impact of completed years of education on religiosity in later life ・An additional year of schooling reduces self-reported religiousness and solitary religious acts ・It also reduces the influence of religious factors on voting when they elect the local leaders and the president ・Reform, which promotes the access to education, may have an externality on the political economy in Islamic countries.
    Keywords: Religion, Education, Indonesia, Voting behavior, Islam
    JEL: I15 I25 I26 J13 O15
    Date: 2020–01
  3. By: International Monetary Fund
    Abstract: Afghanistan is a fragile, aid-dependent country where insecurity combined with episodes of political uncertainty and adverse weather events have kept real GDP growth below 3 percent in recent years. In early September, U.S.-Taliban talks on a U.S. troop withdrawal as a basis for peace negotiations were suspended, with uncertainty as to the timing of their resumption. Presidential elections were held at end-September, but results have yet to be announced. The international community continues to support Afghanistan with civilian and military assistance and is pressing for intra-Afghan peace talks and an immediate reduction in violence. The authorities have expressed an interest in a new financial arrangement to support reforms.
    Keywords: External sector;Economic growth;Economic indicators;Public financial management;Fiscal policy;ISCR,CR,Afghan authority,ECF,dab,article IV consultation,development framework
    Date: 2019–12–20
  4. By: Yogyakarta, Perpustakaan STIPRAM; Putra, Bimo Narindra
    Abstract: Sultan Palace is a place that has a philosophical meaning, religious and cultural. Sultanate of Jogjakarta is a continuation of the Islamic Mataram dynasty after the Giyanti Agreement in 1775. This palace is now also one of the attractions in the city of Yogyakarta. In terms of the building, this palace is one example of the best Javanese palace architecture.
    Date: 2019–12–05

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