Azerbaican State Economic University,

Doctor of economics, Hajizadeh Elshan Mahmud

Global financial crisis and the conception of Islamic economy

ABSTRACT

The scientific article is devoted problems to influence of global financial crises on development to economic and the further regulation of financial and economic relations in the world economy. Proceeding from this on similarity started global financial crisis of 2008 it is investigated the reasons and essence historical arisen in the world of financial and economic crises, and also preconditions and probable ways of an output from these processes and the phenomena. It is underlined, that the most effective tool counteraction of global crises will consist in transformation of conceptual principles of financial regulation on Islamic the base to economy. I shall prove it carrying out of the system analysis authors offers expansion and strengthening Islamic economic model, as more perfect alternative and perspective a paradigm a structure and formation of new world financial architecture.

Key words: world financial crisis, global crises, economic model, Islamic economy, world financial architecture.

139. Global financial crisis and the conception of Islamic economy. Global financial crisis: Azerbaijan model of economic safety and global experience. The international scientific-practical conference. The Azerbaijan State Economic University, University Sakarii of Turkey, the Society Research the Turkic World. (coaut hors - A.F.Hajizadeh).ASEU.. Baku. 2010.1,2 p.sh.