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FOREWORD

FOREWORD. The Islamic Research and Training Institute (IRTI) was established by the Islamic Development Bank (IDB) in 1401H (1981). IRTI became operational in 1403H (1982/1983). The primary objective of the Institute is to carry out research in

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FOREWORD

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  1. FOREWORD The Islamic Research and Training Institute (IRTI) was established by the Islamic Development Bank (IDB) in 1401H (1981). IRTI became operational in 1403H (1982/1983). The primary objective of the Institute is to carry out research in the areas of Islamic economics, banking and finance; to develop the capabilities of professional personnel in Islamic economics to meet the needs of research and Shari'ah observing agencies; to train personnel engaged in development activities in the Bank's member countries; and to develop databases in fields related to its activities to help foster the development of the IDB member countries. The activities of the Research Division in IRTI are conducted within the framework of four research groups, namely: The Islamic Economics Group, Islamic Banking Group, Shari'ah Studies Group, and Economic Cooperation Group. The Islamic Economics Group concentrates on basic and applied studies on the behavior of economic units at the micro and macro levels with emphasis on issues which directly or indirectly relate to the compatibility of actual practices with Sharia'h. This is the second and last in a series of two studies on applied agricultural economics with special reference to the southern region of the League of the Arab States (LAS). The first of these studies was published by IRTI under the title "The Scope of Cereal Food Gap in the Yemen Arab Republic, Somalia and Djibouti". Problems analyzed in these studies were originally recommended as potential future areas of research in the parent study published in 1985 under the title "Economic Cooperation among the Members of the League of Arab States". The purpose of these applied series is to identify problems that come in the way of achieving an effective level of cooperation among IDB member countries. Taking into account this objective, the author presents some valuable suggestions that might be used to remedy some of the real-world problems encountered in the geographical area so defined. Officer-in-Charge, IRTI xi

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