Applying Risk-Sharing Finance for Economic Development - Lessons from Germany

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery and resumption of growth.

List of contents

Chapter 1. Introduction.- Chapter 2: Risk-sharing Economy: A Framework.- Chapter 3. Historical Review of Risk Sharing Instruments.- Chapter 4. Historical Roots of the German Economy.- Chapter 5. German Macroeconomic Policy(1933-1935).- Chapter 6. Summary, Conclusions and Policy Recommendations.

About the author

Putri Swastika is a Lecturer at the State Islamic Institute Metro (IAIN Metro), Indonesia. 


Abbas Mirakhor has been teaching at various universities for 25 years and served at IMF as a staff member and an executive director for 24 years.

Product details

• Authors: Abbas Mirakhor, Putri Swastika
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 15.09.2022
• EAN: 9783030826444
• ISBN: 978-3-0-3082644-4
• No. of pages: 143
• Dimensions: 148 mm x 8 mm x 210 mm
• Illustrations: IX, 143 p. 6 illus., 1 illus. in color.
• Series: Political Economy of Islam
• Subject: Social sciences, law, business > Political science > Comparative and international political science