The Politics of Regime Mainstreaming: Knowledge Production and the Institutionalization of Islamic Finance
Islamic finance has been surprisingly undertheorized in the international relations literature. In this paper, I fill this gap by investigating the dynamics of mainstreaming within the Islamic finance regime in global markets. Using the norm diffusion literature, I argue that the development and dif...
| Main Author: | |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Cambridge Univ. Press
[2019]
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| In: |
Politics and religion
Year: 2019, Volume: 12, Issue: 4, Pages: 606-628 |
| Standardized Subjects / Keyword chains: | B
Islamic banking
/ Financial policy
/ World economy
|
| RelBib Classification: | AD Sociology of religion; religious policy BJ Islam ZC Politics in general |
| Online Access: |
Volltext (Resolving-System) Volltext (doi) |
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| 520 | |a Islamic finance has been surprisingly undertheorized in the international relations literature. In this paper, I fill this gap by investigating the dynamics of mainstreaming within the Islamic finance regime in global markets. Using the norm diffusion literature, I argue that the development and diffusion of Islamic economics, and the corresponding expertise, have followed three distinct steps. First, Islamic economics initially was a critique of capitalism and world markets; second, it was "nationalized" by the political leaders of major Muslim-majority countries; and third, it became an integral part of world markets. By tracing the development of Islamic finance as part of global politics, I situate it within a theoretical framework and show the wider implications of this economic framework for global politics. | ||
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| STA | 0 | 0 | |a Financial policy,Islamic banking,Banks and banking,Banks and banking,World economy |
| STB | 0 | 0 | |a Banque islamique,Banques,Politique financière,Économie mondiale |
| STC | 0 | 0 | |a Banco islámico,Economía mundial,Política financiera |
| STD | 0 | 0 | |a Banca islamica,Economia mondiale,Politiche finanziarie |
| STE | 0 | 0 | |a 世界经济,财务政策,金融政策,财政政策 |
| STF | 0 | 0 | |a 世界經濟,伊斯蘭銀行,財務政策,金融政策,財政政策 |
| STG | 0 | 0 | |a Banco islâmico,Economia mundial,Política financeira |
| STH | 0 | 0 | |a Исламский банк,Мировая экономика,Финансовая политика |
| STI | 0 | 0 | |a Ισλαμική τράπεζα,Οικονομική πολιτική,Παγκόσμια οικονομία |
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| SYG | 0 | 0 | |a Islamische Banken,Islamisches Bankwesen,Islamic banking,Islamic finance , Internationale Wirtschaft,Internationale Wirtschaftsbeziehungen |