Martin Paldam () (School of Economics and Management, University of Aarhus, Denmark)
Abstract
The paper analyzes 3 main trends: (t1) The economic development in the Muslim world is slower than in the rest of the world. (t2) The world grows increasingly democratic due to rising incomes, but this trend does not affect the Muslim world. (t3) The world grows increasingly secular due to rising incomes, but this trend is much weaker in the Muslim world. The difference in (t1) is smaller than necessary to explain (t2) and (t3). It is demon-strated that the data contains two economic convergence clubs: The Western club and the Arab one. The non Arab Muslim countries follow the path of other non-Western countries, though at a lower level. Further, it is demonstrated that Muslims deviate as to religiosity, family life values and as to the preference for religion in politics.
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Publisher Info
Paper provided by School of Economics and Management, University of Aarhus in its series Economics Working Papers with number
2007-04.
Find related papers by JEL classification: B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian O1 - Economic Development, Technological Change, and Growth - - Economic Development