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Jerash for Research and Studies Journal مجلة جرش للبحوث والدراسات

Jerash for Research and Studies Journal مجلة جرش للبحوث والدراسات

Abstract

Privatization and its role in Shrinking the Government’s Sectors As Judged by Principles of Islam The study aims at explaining the attitude of Islam towards privatization in general, and its influence on ‎shrinking the role of government's sectors in particular.‎ The significance of this study lies in investigation the causes that have called the world, particularly the ‎tird world, to follow the sector, which have raised from the faulty management of the local authorities, ‎and its failure to guide the economy towards development at the estimated rate.‎ The study has come of to the fact that the reason behind this failure is attributed to the free world's ‎defective outlook concerning property and how to deal with it, in addition to the corruptive and ‎beaurocratic management,‎ Remedying the economic situation by privatization has worsened things, this is quite obvious from the ‎high increase in public debt, and the explosion in inflation and the stagnate of rtade

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