Economic Growth:

Between Corrupt Regimes & The Takeover of Expansionist Countries

When the Western economists in particular attempt to analyse this empty circle, they attribute it to the economic systems being followed without making the effort to find the real catalysts which impede the required growth. As a result, their suggestions are classical, as they try to cure the void in the treasuries of these countries. These fall into the following categories:

a - A change in the political economies.

b - A reduction in external debts.

Internal obstacles against economic growth in Muslim Countries.

a - The absence of political stability:

This is evident through the rotten regimes which submit to the political and economic will of the expansionist countries, as we see the Muslim people kept busy worrying about earning for their basic food, and ensuring their safety from the oppressive regimes of their countries.

The first internal obstacle lies in the absence of political stability, which is the first requirement for any tangible economic growth.

b - The absence of any tangible plan for growth:

It is a known fact that economic planning means the placement of economic policies with certain goals, and through these policies real growth becomes possible in all fields. For example, increases in the ratio of local production, the variety of exported goods, community income, and higher standards of living require the tools for economic planning.

The most important of these tools is the availability of national accounts so that we can look at the economic situation, and develop sound and successful future economic strategies. Using such tools gives the knowledge of the economic situation for society.

The second tool is the national budget, which will help us study the best use of treasury income, and the best method of distributing funds between the public and the private sector, for consumption and investment. Crucial to the operation of this is the collection of economic statistics with reference to manufacturing, trade, tourism, etc. These are important tools for the realisation of economic objectives and the standing relationships therein. Through this we can also identify the differing aspects, and the needs of each field from the other, as the need of the agricultural sector from the manufacturing or vice versa.

Strategies must aim to produce economic growth. Economic growth encompasses a number of operations limited by economic policies which aim to increase the community income and the national economy for either a lengthy or medium period of time, in accordance with population growth. More clearly, in order to produce sound economic growth, it is essential that the community income is greater than the population growth so that the mid range of individual income can also grow, and this will lead to economic comfort for the country. Therefore, the goal of economic growth is to increase community income. When this actually occurs, it indicates that the country's economic situation has improved, and the wheel of its economy is turning towards the better, and towards economic stability. The non-occurrence of this means that the country becomes exposed to quakes, disorder, external domination, unrest, fall in living standards, devaluation of the currency, and a creation of class! es amongst the population.

The Muslim countries suffer from the rule of an oppressive group whose first concern is the theft of the wealth of the nation, and how to enjoy this wealth at the expense of the exploited people. This has produced a class of despots who possess greater wealth than the treasury of their countries, as is the case with the Saudi's and the Sabah's, whose personal wealth exceed $US200 Billion. This wealth equates to 10% of the entire third world debt, creating another exploiting class in the footsteps of the ruling regime, whilst the vast majority of the population suffer from poverty , unemployment and misery.

The external obstacles.

The economies of the world are divisible into three main groups: those of the advanced countries (mainly the West), those of the medium advanced countries, and those of the developing countries. Each of these categories has features which differ from the other.

1 - The advanced countries.

These are the countries which plan the stages of growth, and have attained stable and lasting economies, not faltering with changing events, but are able to cope with world catastrophes which may shake all the economies in place.

The population of these are 15% of the total global population, and the per capita income in these is high whilst the status of their income does not necessarily exceed that of the developing countries. Some of the oil producing countries are an example where an individual's income can exceed that of industrialised countries as is the case with Kuwait and the Emirates etc.

2- The medium advanced countries.

These include the countries where growth has reached high levels including high levels of income. These economies lean towards heavy manufacturing and electronics, as is the case with respect to Singapore, Malaysia, Taiwan, South Korea, and some others. Whilst the level of growth may differ with respect to degree and speciality, these share in a stable growth rate of over 8% per annum.

3 - The developing countries

Most of these countries have a heavy concentration of Muslims, and they also own vast natural resources; they have, however, fallen under the world satanic authorities, which have stopped them from taking stronger steps towards economic growth.

The Western countries have worked during the past 50 years to produce a world economic regime which will give them world domination. This is demonstrated by the frequent G7 meetings, (composed of the richest Western countries), the European trading bloc, and the extensive quotas and tariffs imposed by the Western nations.They continue their work to take over as much of the resources of the Islamic countries as they are able to, mainly through the international financial institutions such as the World Bank and the International Monetary Fund, which have worked through setting oppressive conditions for developing countries, to make it impossible for these countries to achieve any real economic growth leading many to devastating social unrest situations. It suffices as evidence that the wealthy in the developing manufacturing countries have achieved a combined wealth of $3000,000,000,000.00 through the past 20 years. During the same period, the foreign debt for these countr! ies reached $1945 billion.

The solution for growth in the Muslim countries.

The solution to the economic problems is strongly linked to the political situation of a country, particularly as political stability is a fundamental requirement before any efforts towards growth can begin. As such, it is essential for Islamic rule to be present to implement strategies for growth which befit the environment, as well as the particular economies concerned. This will guarantee the realisation of economic growth, progress, and felicity, not only at the level of the individual's income, but also on the social scale also guaranteeing justice in the distribution of wealth amongst the people.

The Western policies are striving to make of our Muslim countries a market for their various products. They attempt in the absence of natural barriers to place various obstacles in front of us, such as the copying of the manufacturing technology, and to frustrate the efforts of the Ummah through their puppet governments in our midst. Through these they shackle these countries with oppressive loans, with the excuse of advancing the economy, whilst the founders of these very institutions testify that these very loans are the biggest problems facing the developing countries.

It becomes crucial to muster the means of a personal resurgence, casting aside the mimicry, and looking for the well-being of the Ummah, far away from the policies of the satanic regimes n

By: The Economics Department
Translated by Keysar Trad