Interest Rates, Fuel Subsidies, and Investment Friendliness in Southeast Asia

La finance islamique est désormais une composante essentielle de la finance mondiale. Elle connait une croissance vertigineuse dans plusieurs pays musulmans à l’instar des pays de Golfe et de l’Asie Sud – Est. Elle a fait preuve d’innovation et a pu s’implanter dans plusieurs pays où elle cohabite avec la finance conventionnelle La finance participative, en se basant sur les percepts islamiques, peut présenter des opportunités qu’elle offrirait par sa contribution au financement des secteurs prioritaires. La finance islamique est une finance éthique qui s’inspire sur des valeurs morales et des enseignements de la Charia. Elle repose essentiellement sur l’interdiction des taux d’intérêt dans les opérations d’endettement (plus connu sous le nom de « riba »), et sur le principe de partage des pertes et des profits ; ce qui constitue les éléments distinctifs à l’égard de la finance conventionnelle. Islamic finance is now an essential component of the global finance. It is experiencing dizzying growth in several Muslim countries such as the Gulf countries and Southeast Asia. It has demonstrated innovation and has been able to establish itself in several countries where it coexists with conventional finance Crowdfunding, based on Islamic precepts, can present opportunities that it would offer through its contribution to funding priority sectors. Islamic finance is ethical finance that draws on moral values and the teachings of Sharia. It is essentially based on the prohibition of interest rates in debt transactions (better known as "riba"), and on the principle of profit and loss sharing; which constitutes the distinguishing elements with regard to conventional finance. JEL: G21, G29 Article visualizations:<img src="/-counters-/edu_01/0798/a.php" alt="Hit counter" />

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The influence of imports, foreign exchange reserves, external debt, and interest rates on the currency exchange rates against the United States Dollar in Southeast Asia Countries

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah ◽

10.22437/ppd.v9i4.12706 ◽

2021 ◽

Vol 9 (4) ◽

pp. 365-374

Author(s):

Rahma Nurjanah ◽

Candra Mustika

Keyword(s):

United States ◽

Southeast Asia ◽

Exchange Rates ◽

Interest Rates ◽

Foreign Exchange ◽

The United States ◽

Foreign Exchange Reserves ◽

United States Dollar ◽

Currency Exchange ◽

Currency Exchange Rates

This study aims to analyze the effect of imports, foreign exchange reserves, foreign debt, and interest rates on the currency exchange rates against the United States Dollar in Southeast Asia countries. The study results found that from 2010 to 2017, the currency exchange rates against the United States Dollar in Southeast Asian countries tended to weaken (depreciate). The highest growth in the exchange rate against the United States dollar was in Indonesia, while the lowest was in Singapore. Foreign exchange reserves negatively affect foreign debt, and imports positively affect countries' exchange rates in the Southeast Asia region against the United States dollar. On the other hand, interest rates do not show a significant effect.

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On The Possibility of an Autonomous History of Modern Southeast Asia

Journal of Southeast Asian History ◽

10.1017/s0084255900007944 ◽

1961 ◽

Vol 2 (2) ◽

pp. 73-105 ◽

Cited By ~ 2

Author(s):

John R. W. Small

Keyword(s):

Southeast Asia ◽

Contemporary History ◽

The Past ◽

History Of

It is generally accepted that history is an element of culture and the historian a member of society, thus, in Croce's aphorism, that the only true history is contemporary history. It follows from this that when there occur great changes in the contemporary scene, there must also be great changes in historiography, that the vision not merely of the present but also of the past must change.

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