Islam and Underdevelopment: An Old Puzzle Revisited

Timur Kuran ()
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Timur Kuran: Department of Economics, University of Southern California

No 9640, Working Papers from Economic Research Forum

Abstract: The world's predominantly Muslim countries have long been underdeveloped. This paper classifies, critiques and extends the analytical mechanisms that have been proposed as explanations for the pattern. One mechanism involves the use of Islam to legitimize worldviews that serve vested interests. Another emphasizes religious obstacles to free thinking and innovation. And still another focuses on communalist norms that dampened incentives to develop capitalist economic institutions. None of these explanations elucidates why groups without any stake in the impediments to growth failed to bring about major reforms. The missing element is the role of public discourse, including non-religious public discourse, in keeping individuals from questioning, even noticing, social inefficiencies.

Date: 1996-26-12, Revised 1996
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Published by The Economic Research Forum (ERF)

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Persistent link: https://EconPapers.repec.org/RePEc:erg:wpaper:9640

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