By: |
Juhro, Solikin M.;
Syarifuddin, Ferry;
Sakti, Ali |
Abstract: |
The concept of inclusive economic development has gained traction among
researchers due to the failure of old concepts to solve poverty and social
inequality. Shifting of the economic development is needed, from the focus on
good and service value to increasing economic participation of communities. To
shed a light on the solution, this study aim to examine the lesson learned
from Islamic social-public finance and monetary economics role in realizing
inclusive welfare. Based on in-depth observation, we found that economic
inclusion and inclusive growth are fully in line with the spirit and goals of
the Islamic economy in terms of creating equitable welfare for all. There is
also an existing linkage between the role of Islamic social-public finance and
monetary economics. |
Keywords: |
Islamic economy, Public and social finance, Monetary economics, Economic development, Inclusive welfare |
JEL: |
D63 E50 H50 O10 |
Date: |
2022–03–01 |
URL: |
http://d.repec.org/n?u=RePEc:pra:mprapa:113788&r= |