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ONLINE FREE MARKETS AND ENTREPRENEURSHIP IN THE MUSLIM WORLD
Author(s) -
Frazier Mark,
Ewing Shan
Publication year - 2009
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2009.01890.x
Subject(s) - liberalization , islam , entrepreneurship , the internet , free market , free trade , business , economics , market economy , political science , law , geography , archaeology , politics , world wide web , computer science
For centuries, networks of free exchange enabled populations of the Islamic world to thrive. Today, by contrast, the largest Muslim countries lag in international measures of economic freedom. At this critical time, hundreds of online markets for ‘telework’ are bringing global business opportunities within reach of many in the Muslim and non‐Muslim worlds alike. Individuals with internet access can directly engage in the global online economy without having to wait for the results of domestic policy liberalisation or needing to relocate in search of higher wages.