Companies & religious factor in the post-globalization
tips for doing business in Islam
DOI:
https://doi.org/10.24197/jstr.0.2017.118-134Keywords:
religious factor; Islam; post-globalization; companies; development strategyAbstract
Access of Western companies (especially Spanish) to the markets in countries of strong Islamic religion base is quite consistent and powerful. Relevance of this business model is growing, due to the combined effect of a series of factors: relative higher growth of Islam all over the world, faster economy growth of these countries, international expansion carried out by several of these countries in part under an “Islam economy” restricted model, and the parallel aperture of these economies to global rules and practices of international trade, investment and financing. General consensus exists on the relevance of these trends as key component of the world economic development over the next economic cycle
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