IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-78702-8_8.html
   My bibliography  Save this book chapter

Conclusion

In: The Causes and Consequences of Interest Theory

Author

Listed:
  • Cem Eyerci

    (Central Bank of the Republic of Turkey)

Abstract

The Conclusion summarizes the issues relevant to the concept of interest in aspects of meaning, history, and nature, by presenting the debates on its legitimacy, causes of its existence, and consequences of interest rate control. It sums up the reasons for restricting it and the methods used. The chapter briefs the theoretical development of the thought on interest and Böhm-Bawerk’s significant contribution, and then shortly exhibits the destructive consequences of interest rate control in the market. It presents the basics of Islamic economics by focusing on the prohibition of interest and briefly reviews the approach of Islamic economists to the issues of time preference and interest rate control. Finally, the chapter concludes that the need for a comprehensive scrutinizing of the concept of time preference from an aspect of Islamic economics is not met, and the issue of the consequences of interest rate control has received far less attention.

Suggested Citation

  • Cem Eyerci, 2021. "Conclusion," Springer Books, in: The Causes and Consequences of Interest Theory, chapter 0, pages 147-161, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-78702-8_8
    DOI: 10.1007/978-3-030-78702-8_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-78702-8_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.