Determinants of GDP in OIC Countries: A Conceptual Thematic Analysis
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Abstract
Economic growth remains a central priority for member states of the Organization of Islamic Cooperation (OIC), yet these countries continue to experience uneven GDP performance. Understanding the determinants of GDP within this context requires an integrated conceptual approach that considers both conventional economic indicators and Islamic socio-economic principles. This study employs a thematic conceptual analysis to explore the multidimensional drivers influencing GDP across OIC nations. By synthesizing classical economic growth theories with contemporary Islamic economic frameworks, the research identifies key macroeconomic variables—such as capital formation, trade openness, institutional quality, and zakat—as critical factors shaping GDP trajectories. The methodology involves a document-based qualitative review of existing academic literature and theoretical models. Findings indicate that integrating Islamic economic instruments, particularly zakat, enhances socio-economic equity and fosters inclusive growth, while structural and governance factors mediate the effectiveness of such instruments. This study contributes a comprehensive framework for understanding GDP dynamics in OIC countries and offers a foundation for policy-making that aligns with both economic efficiency and Islamic ethical values.
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