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Islamic institutions and underdevelopment

In: Handbook on Islam and Economic Life

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  • Jared Rubin

Abstract

Handbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspects of economic life including economic organisation, business and management, finance and investment, charity, mutuality and self-help, and government. It concludes by analysing the link between religion and development, the present economic situation in Arab countries and the causes of underdevelopment in Muslim countries.

Suggested Citation

  • Jared Rubin, 2014. "Islamic institutions and underdevelopment," Chapters, in: M. Kabir Hassan & Mervyn K. Lewis (ed.), Handbook on Islam and Economic Life, chapter 29, pages iii-iii, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16009_29
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    References listed on IDEAS

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    1. Jared Rubin, 2011. "Institutions, the Rise of Commerce and the Persistence of Laws: Interest Restrictions in Islam and Christianity," Economic Journal, Royal Economic Society, vol. 121(557), pages 1310-1339, December.
    2. Timur Kuran, 2011. "The Long Divergence: How Islamic Law Held Back the Middle East," Economics Books, Princeton University Press, edition 1, number 9273.
    3. North, Douglass C. & Weingast, Barry R., 1989. "Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England," The Journal of Economic History, Cambridge University Press, vol. 49(4), pages 803-832, December.
    4. Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-950, October.
    5. Blaydes, Lisa & Chaney, Eric, 2013. "The Feudal Revolution and Europe's Rise: Political Divergence of the Christian West and the Muslim World before 1500 CE," American Political Science Review, Cambridge University Press, vol. 107(1), pages 16-34, February.
    6. Timur Kuran, 1997. "Islam and Underdevelopment: An Old Puzzle Revisited," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 153(1), pages 1-41, March.
    7. Jared Rubin, 2014. "Printing and Protestants: An Empirical Test of the Role of Printing in the Reformation," The Review of Economics and Statistics, MIT Press, vol. 96(2), pages 270-286, May.
    8. Platteau, Jean-Philippe, 2011. "Political Instrumentalization of Islam and the Risk of Obscurantist Deadlock," World Development, Elsevier, vol. 39(2), pages 243-260, February.
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