
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
Trust is the Coin of the Realm shines a rare light into the labyrinth of Afghanistan's 'money men' and their influential informal economy that links the Islamic world. Hawala is the ancient financial system that predates Muhammad, and provides a vital key to engaging with many of the world's traditional cultures. Stereotyped as 'built for terrorism' and a dangerous pipeline for dirty money in the wake of 9/11, Thompson reveals it to be indispensable to the work and reach of humanitarians, donors, family members, and the business community. Outsiders striving to build states and peace in crisis countries will find this book invaluable for earning the trust that is essential if their efforts are to make a lasting difference.
How does the ancient informal financial system of Hawala function as a critical mechanism for trust and economic stability within Afghanistan and the broader Islamic world? Edwina A. Thompson, drawing on extensive field research conducted during the height of the War on Terror, examines the intersection of traditional financial practices, state-building efforts, and international security. She argues that the Hawala system is frequently misunderstood by Western observers and is, in fact, an indispensable infrastructure for humanitarian aid, business, and social connectivity in crisis-prone regions.
What You Will Find
Experts and scholars recognize this work as a significant contribution to the study of institutional economics and international development. Readers frequently note the academic rigor of the prose and the author's unique ability to bridge the gap between complex financial theory and the practical realities of state-building in Afghanistan.
Page Count:
354
Publication Date:
2011-04-15
Publisher:
Oxford University Press
ISBN-10:
0195473523
ISBN-13:
9780195473520
No comments yet. Be the first to share your thoughts!