Long Divergence How Islamic Law Held Back the Middle East

Name: Long Divergence How Islamic Law Held Back the Middle East
Price: 17.39 USD
Availability: InStock
ISBN: 9780691156415

ISBN-10: 0691156417

ISBN-13: 9780691156415

Edition: 2010

Authors: Timur Kuran

List price: $34.00

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Description:

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? InThe 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…

Book details

List price: $34.00
Copyright year: 2010
Publisher: Princeton University Press
Publication date: 11/11/2012
Binding: Paperback
Pages: 422
Size: 6.34" wide x 9.09" long x 0.98" tall
Weight: 1.298
Language: English

Timur Kuran is professor of economics and political science and the Gorter Family Professor of Islamic Studies at Duke University. He is the author of "Islam and Mammon: The Economic Predicaments of Islamism" (Princeton).



Preface



Introduction



The Puzzle, of the Middle East's Economic Underdevelopment



Analyzing the Economic Role of Islam



Organizational Stagnation



Commercial Life under Islamic Rule



The Persistent Simplicity of Islamic Partnerships



Drawbacks of the Islamic Inheritance System



The Absence of the Corporation in Islamic Law



Barriers to the Emergence of a Middle Eastern Business Corporation



Credit Markets without Banks



The Makings of Underdevelopment



The Islamization of Non-Muslim Economic Life



The Ascent of the Middle East's Religious Minorities



Origins and Fiscal Impact of the Capitulations



Foreign Privileges as Facilitators of Impersonal Exchange



The Absence of Middle Eastern Consuls



Conclusions



Did Islam Inhibit Economic Development?


Notes


References


Index