The Long Divergence

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The Long Divergence

The Long Divergence written by Timur Kuran and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-11 with Business & Economics categories.

How religious barriers stalled capitalism in the Middle East In the year 1000, the economy of the Middle East was at least as advanced as that of Europe. But by 1800, the region had fallen dramatically behind—in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions. Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life—including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies—all characteristic of the region's economies today and all legacies of its economic history—will take generations to overcome. The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.

Book Review

Book Review written by Abdul Azim Islahi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.

Kuran is an author well-known in the circle of Islamic economists for his relentless attempts to correct certain courses of development in the discipline. Although it is not necessary to agree with him, one can learn some lessons from his writings.

The Yachtman S Pilot To The Harbours Of England Wales Scotland Ireland The Continent Of Europe From Ymuiden To Bordeaux Bordeaux To S Te By Inland Waters The Mediterranean Harbours From S Te To Toulon The Riviera Harbours To The Gulf Of Genoa

The Yachtman S Pilot To The Harbours Of England Wales Scotland Ireland The Continent Of Europe From Ymuiden To Bordeaux Bordeaux To S Te By Inland Waters The Mediterranean Harbours From S Te To Toulon The Riviera Harbours To The Gulf Of Genoa written by Edward Keble Chatterton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1937 with Harbors categories.

The Encyclopeadia Britannica

The Encyclopeadia Britannica written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1899 with categories.

Notes On The Gospels Critical And Exegetical St Matthew

Notes On The Gospels Critical And Exegetical St Matthew written by Samuel Albert Griffiths and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1878 with categories.

The Conchologists Exchange

The Conchologists Exchange written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1894 with Mollusks categories.

The Encyclopaedia Britannica

The Encyclopaedia Britannica written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1876 with categories.

Culture Institutions The Long Divergence

Culture Institutions The Long Divergence written by Alberto Bisin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.

Recent theories of the Long Divergence between Middle Eastern and Western European economies focus on Middle Eastern (over-)reliance on religious legitimacy, use of slave soldiers, and persistence of restrictive proscriptions of religious (Islamic) law. These theories take as exogenous the cultural values that complement the prevailing institutions. As a result, they miss the role of cultural values in either supporting the persistence of or inducing change in the economic and institutional environment. In this paper, we address these issues by modeling the joint evolution of institutions and culture. In doing so, we place the various hypotheses of economic divergence into one, unifying framework. We highlight the role that cultural transmission plays in reinforcing institutional evolution toward either theocratic or secular states. We extend the model to shed light on political decentralization and technological change in the two regions.

The Encyclop Dia Britannica

The Encyclop Dia Britannica written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1893 with Encyclopedias and dictionaries categories.

The Transactions Of The Edinburgh Obstetrical Society

The Transactions Of The Edinburgh Obstetrical Society written by Edinburgh Obstetrical Society and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1900 with Obstetrics categories.

Includes List of fellows on each vol.