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Source: Divine Economics The above figure shows that economics of the future can be seen from two distinct views; traditional view and divine view. Under traditional view past data is used to forecast the future. In divine view, the divine revelations have also some importance in shaping a future perception about which further investigation can take place using past data. The divine view of the future of the globe can be derived from divine religions; Christianity, Judaism and Islam.
In former two religions, it is believed that Jesus will come again and establish 'Kingdom of God' on earth. In Islam it is believed that Imam Mahdi (A.S.) will appear and fill the earth with justice and peace as it would be filled with injustice and cruelties. In religious literature, a number of evidences in the support of Imam's arrival can be found. Based on such predictions, the subsequent sections of this paper will present how economics of future can be developed?
How that fulfills the requirements of conventional empiric-based scientific research process more credibly than conventional one? This version of economics can easily incorporate the economic systems of the era of Imam Mahdi (A.S). Ideal level of welfare at globe may be achieved with equitable resource distribution. A number of strategic resources may be exploited to achieve higher level of welfare for average individual. A sketchy view of world economic growth and population increase is given.
The analysis shows relationship between demand for resources and increase in number of individuals. World Resources Whole the nature has been created by the All Mighty Allah; a man is His vice-regent on earth. "Seek the other world by means of what Allah has bestowed upon you, and do not be negligent about your share in this world". And do good as Allah have done well by you, and do not seek to spread disorder on the earth". The Holy Qura'n [28:77].
, Islam follows divine guidance on economic activities. Human authority cannot remove these controls imposed by Islam. The prohibition of Rib 'a, gambling, hoardings, introduction of Zakah, dealing in unlawful goods or services, short sales and speculative transactions are some examples of divine restrictions. World GDP According to the statistics the world GDP (comprising180 countries) has reached a sum of US $46,747 billions.