Article Sidebar
Meta-Analysis of Factors Influencing Rural Entrepreneurship in Afghanistan
Main Article Content
Abstract
One of the fundamental concepts in conventional economic theories is "Pareto efficiency," which is recognized as a criterion for economic efficiency in resource allocation. This criterion is based on the principle of increasing individual utility without decreasing the utility of others and holds a special place in classical economic analyses. However, criticisms have been leveled against this criterion by justice-oriented schools of thought, especially Islamic economics. The present study, with a comparative approach, analyzes the conceptual and evaluative aspects of Pareto efficiency from the perspectives of Islamic economics and conventional economics. The research methodology in this study is descriptive-analytical, and data was collected through documentary methods using valid scientific sources. The findings indicate that while conventional economics seeks allocative efficiency within a free market framework, Islamic economics emphasizes the integration of justice, efficiency, and Sharia legitimacy. In fact, Islamic economics replaces the purely technical concept of Pareto optimality with "ethical optimization." Furthermore, an examination of modern global economic theories such as sustainable development and human well-being reveals a growing tendency towards justice-oriented models, which aligns with the foundations of Islamic economics. Consequently, a re-evaluation of the concept of economic optimization and the presentation of an integrated Islamic-human-centered model can be an effective step towards justice-oriented economic development in the contemporary world.
Keywords
Article Details
How to Cite
Similar Articles
- Ahmad Samir Enami, Ajmal Arian, Assessing the Impact of Liquidity on Bank Profitability: A Comparative Study of Public and Private Banks in Afghanistan , Kateb International Journal of Economics and Management: Vol. 4 No. 1 (1404): Vol. 4, No. 1, Spring & Summer 2025
- Mohammad Ali Fahimi, The Impact of Knowledge-Based Human Resource Management with the Mediating Role of Intellectual Capital and Social Capital on Innovation in Afghan Manufacturing Companies , Kateb International Journal of Economics and Management: Vol. 2 No. 1 (1402): Volume. 2, Issue. 1, Spring & Summer 2023
- Mohammad Shah Sediq, Nahid Naderi Bani, Hossein Khanifar, Mohammad Miriae, University E-learning Model in Afghanistan , Kateb International Journal of Economics and Management: Vol. 1 No. 2 (1401): Volume 1, Issue 2, Autumn & Winter 2022-2023
You may also start an advanced similarity search for this article.