Skip to main content

Islam and Underdevelopment: An Old Puzzle Revisited

Publication ,  Journal Article
Kuran, T
Published in: Journal of Institutional and Theoretical Economics
March 1997

The world's predominantly Muslim countries have long been underdeveloped. This paper classifies, critiques, and extends the mechanisms that have been proposed as explanations for the pattern. One mechanism involves the use of Islam to legitimize worldviews that served 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 in keeping individuals from questioning, even noticing, social inefficiencies.

Duke Scholars

Published In

Journal of Institutional and Theoretical Economics

Publication Date

March 1997

Volume

153

Issue

1

Related Subject Headings

  • Economic Theory
  • 3803 Economic theory
  • 3801 Applied economics
  • 1401 Economic Theory
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Kuran, T. (1997). Islam and Underdevelopment: An Old Puzzle Revisited. Journal of Institutional and Theoretical Economics, 153(1).
Kuran, Timur. “Islam and Underdevelopment: An Old Puzzle Revisited.” Journal of Institutional and Theoretical Economics 153, no. 1 (March 1997).
Kuran T. Islam and Underdevelopment: An Old Puzzle Revisited. Journal of Institutional and Theoretical Economics. 1997 Mar;153(1).
Kuran, Timur. “Islam and Underdevelopment: An Old Puzzle Revisited.” Journal of Institutional and Theoretical Economics, vol. 153, no. 1, Mar. 1997.
Kuran T. Islam and Underdevelopment: An Old Puzzle Revisited. Journal of Institutional and Theoretical Economics. 1997 Mar;153(1).

Published In

Journal of Institutional and Theoretical Economics

Publication Date

March 1997

Volume

153

Issue

1

Related Subject Headings

  • Economic Theory
  • 3803 Economic theory
  • 3801 Applied economics
  • 1401 Economic Theory