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The Role of NTSA in PSV Industry and its Incorporation of Stakeholders in Policy Formulation in the Nairobi Central Business District
Author(s) -
Justus Mumo Kilundo,
James Gichuru Kariuki
Publication year - 2016
Publication title -
journal of economics and development studies
Language(s) - English
Resource type - Journals
eISSN - 2334-2382
pISSN - 2334-2390
DOI - 10.15640/jeds.v5n2a9
Subject(s) - central business district , business , engineering , transport engineering
This paper aims to develop an Islamic theoretical framework for the relationship between population growth and economic development. In this regard, a new version of the Neoclassical production function will be developed in a manner that conforms with the Islamic framework of the relationship between inputs and the expected output in the presence of technological improvement supported by the blessing of Allah as a reward for good believers who show perfect faith and fear of Allah Almighty. The paper concluded that Muslim nations should not take a passive attitude toward technological improvements; Instead, Muslim societies should strive at making an efficient use of their endowed resources by acquiring the most developed science and technology base. Meanwhile, Muslim societies are urged to maintain their eligibility for Allah's blessings through a steady faith, fear of Allah as a prerequisite for success as Allah has guaranteed societies of good believers an ever-growing per capita real income, and a sustained economic development regardless of its rate of population growth.

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