The Influence of Islam on the economic development of Muslim Countries

Markus Puledko and Neeraj K. Bhargava
Additional contact information
Markus Puledko: Edinburg Üniversitesi
Neeraj K. Bhargava: Maryland Üniversitesi

Iktisat Isletme ve Finans, 2005, vol. 20, issue 235, 16-28

Abstract: In this paper we investigate the possible ways in which Islam influences the economic development of Muslim countries, specifically in the Arab world. Islam is regarded here less in its narrow definition as a set of particular religious beliefs, but more in its broader concept, as defining a specific culture, resulting in a specific social, political and legal environment. The paper focuses on Islam’s possible role in affecting economic activity, science and education, political systems, and the position of women. These contextual features are then discussed in light of their impact on human, physical, and natural resources, whose output is a crucial determinant of economic development. It is concluded that there are several ways in which Islam – defined more as a culture than a religious belief – may hinder economic development in Muslim countries in the Arab world. We conclude by suggesting ways of increasing economic development in Muslim nations, highlighting Turkey as a potential role model.

Date: 2005
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iif:iifjrn:v:20:y:2005:i:235:p:16-28

Ordering information: This journal article can be ordered from
http://www.iif.com.t ... ew/iif.2005.235.2268

Access Statistics for this article

Iktisat Isletme ve Finans is currently edited by Ali Bilge

More articles in Iktisat Isletme ve Finans from Bilgesel Yayincilik
Bibliographic data for series maintained by Ali Bilge ().