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Peran dan Tantangan Ekonomi Islam di Era Global
Author(s) -
Ahmad Maulidizen
Publication year - 2017
Publication title -
falah
Language(s) - English
Resource type - Journals
ISSN - 2502-7824
DOI - 10.22219/jes.v2i1.4359
Subject(s) - globalization , liberalization , islam , world economy , developing country , free trade , investment (military) , business , development economics , economy , economic system , economics , political science , economic growth , international trade , market economy , politics , philosophy , theology , law
Globalization has become the defining process of the present age. The most important aspects of economic globalization are the breaking down of national economic barriers, the international spread of trade, the financial and production activities, and the growing power of transnational corporations and international financial institutions in the process. While the opportunities and benefits of this process have been stressed by its proponents and supporters, recently there has been increasing disillusionment among many policy makers in the developing contries, analysis and academicians as well as community of non-governmental organization (NGO) in both Eastern and Western countries. The reasons for the changing perception of and attitude towards globalization are many. Among others are the lack of tangible benefits to most developing countries from opening their economy despite the well-publicized claims of export and income gains, the economic losses and social dislocation that are being caused to many developing countries by rapid financial, trade and investment liberalization, the growing in equalities of wealth and opportunities a rising from globazation and the perception that environmental, social and cultural problems have been made worse by the working of the global free economy. In this connection, this article analyses the features of Islamic economy system, the nature of economy globalization, the failure of the conventional economy systems in the age of global village and the roles, and challenges of Muslim Ummah to globally implimens the Islamic Economy system in the world countries.

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