Journal of Futures Studies

Between the Myth of Development and the Development of Myth: Futures of Islamic Banking in the Gulf Cooperation Council (GCC)

Abstract
This paper deals with the reality of development challenges in the Gulf Cooperation Council
Countries, and the impact of these on the future of Islamic banking. Using Causal Layered analysis
(CLA), the hidden stories of economic development (ED) in the Gulf Cooperation Council (GCC)
countries are unpacked. The three narratives presented here are that of the ED of GCC as: (1)
Rentier State and Neopatrimonialism (2) Dubai-zation (3) Halal Economy.
Keywords: CLA, Economic Development, Futures Studies, Gulf Cooperation Council (GCC), Islamic
Banking, Rentier State

View PDF


Search

.

.

Categories

Journal of Futures Studies

Tamkang University, Tamsui Campus
Taipei, Taiwan 251
Tel: 886 2-2621-5656 ext. 3001
Fax: 886 2-2629-6440

ISSN 1027-6084