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Economic Development and the Fabrication of the Middle East as a Eurocentric Project

Firat Demir and Fadhel Kaboub

Chapter Chapter Five in The Challenge of Eurocentrism: Global Perspectives, Policy, and Prospects, 2009, pp 77-96 from Palgrave Macmillan

Abstract: Abstract Economists deserve a fair share of the blame for their contribution to Eurocentrism. Joseph Schumpeter’s classic History of Economic Analysis (1954) taught generations of economists that there was a “Great Gap” in the development of economic thought between ancient Greece and the European Renaissance. During the “Dark Ages,” he argued, there was nothing of significant intellectual contribution worth studying. Schumpeter and his followers have completely ignored the contributions made to economics by Al-Ghazali, Ibn Khaldun, Ibn Taimiyah, Ibn Qayyim, Abu Yousuf, and Ibn Sina, among many others. Several decades later, the so-called Middle East and North Africa (MENA) region is still struggling with the socioeconomic consequences of Eurocentrism.

Keywords: Foreign Direct Investment; Civil Society; Middle East; Colonial Power; State Bureaucracy (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62089-6_6

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DOI: 10.1057/9780230620896_6

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