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Ibn Khaldun's theory of development: Does it help explain the low performance of the present-day Muslim world?

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  • Chapra, M. Umer

Abstract

The first part of this paper presents Ibn Khaldun's multidisciplinary and dynamic theory of development. This theory argues that the development or decline of an economy or society does not depend on any one factor, but rather on the interaction of moral, social, economic, political and historical factors over a long period of time. One of these factors acts as the trigger mechanism and, if the others respond in the same direction, development or decline gains momentum through a chain reaction until it becomes difficult to distinguish the cause from the effect. Part II of this paper applies this theory to Muslim countries to explain their low performance.

Suggested Citation

  • Chapra, M. Umer, 2008. "Ibn Khaldun's theory of development: Does it help explain the low performance of the present-day Muslim world?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 836-863, April.
    • Handle: RePEc:eee:soceco:v:37:y:2008:i:2:p:836-863
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    Citations

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    Cited by:

    1. Budiman, Mochammad Arif, 2016. "The Discourse on Islam and Development: Western and Muslim Scholars’ Opinions," MPRA Paper 81145, University Library of Munich, Germany.
    2. Mujahidin, Muhamad, 2018. "Ibn Khaldun's Economic Thought," MPRA Paper 87192, University Library of Munich, Germany, revised 06 Apr 2018.
    3. Sakinah Mat Zin & Ahmad Azrin Adnan & Iskandar Hasan Abdullah, 2017. "How Can Ibn Khaldun’s Economic Philosophy Revive the Intellectual Capital of Entrepreneurs," Asian Social Science, Canadian Center of Science and Education, vol. 13(6), pages 164-164, June.
    4. Mohammad Tariq Al Fozaie, 2023. "The 'Bad Behavior Index': A Composite Measure of the Development Hindering Behavior of Individuals and Institutions," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 70(1), pages 115-161, March.
    5. Muhammad Tariq MAJEED*, 2019. "REAL WELLBEING OF THE UMMAH AND ECONOMIC PERFORMANCE: Islamic Perspectives and Empirical Evidence," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 29(1), pages 1-31.
    6. Nabi, Mahmoud Sami, 2021. "لتشع تونس من جديد [Making the Tunisian Resurgence]," MPRA Paper 107225, University Library of Munich, Germany.
    7. repec:idn:jimfjn:v:4:y:2018:i:2h:p:1-14 is not listed on IDEAS
    8. Uddin, Md Akther & Ali, Md Hakim & Masih, Mansur, 2017. "Political stability and growth: An application of dynamic GMM and quantile regression," Economic Modelling, Elsevier, vol. 64(C), pages 610-625.
    9. Rashedul Hasan & M. Kabir Hassan & Mamunur Rashid, 2018. "Cash Waqf Investment And Poverty Alleviation: Case Of Tabung Masjids In Malaysia," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 4(2), pages 333-346, November.
    10. M. Shahid Ebrahim & Seema Makhdoomi & Mustapha Sheikh, 2012. "The Political Economy and the Perennial Underdevelopment of the Muslim World," Working Papers 12011, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    11. Budiman, Mochammad Arif, 2014. "The Significance of Waqf for Economic Development," MPRA Paper 81144, University Library of Munich, Germany.
    12. Mujahidin, Muhamad, 2018. "The concept of economic thought Ibn Khaldun," MPRA Paper 87143, University Library of Munich, Germany, revised 06 Apr 2018.
    13. Farzana Sharmin & Ridzwan Bakar, 2018. "Effect of Household Factors on Repayment Ability among Islamic Microfinance Borrowers in Bangladesh," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(8), pages 1-40, June.
    14. Uddin, Md Akther & Masih, Mansur, 2016. "War and peace: why is political stability pivotal for economic growth of OIC countries?," MPRA Paper 71678, University Library of Munich, Germany.
    15. Aliyu, Shehu Usman Rano, 2018. "A treatise on socioeconomic roles of waqf," MPRA Paper 91413, University Library of Munich, Germany, revised 05 Dec 2018.
    16. Puente-Ajovin, Miguel, 2013. "Ibn Jaldún: Pensamiento Económico En El S. XIV [Ibn Khaldun: Economic Thought in the XIV Century]," MPRA Paper 49306, University Library of Munich, Germany.
    17. Adil Saleem & Judit Sági & Budi Setiawan, 2021. "Islamic Financial Depth, Financial Intermediation, and Sustainable Economic Growth: ARDL Approach," Economies, MDPI, vol. 9(2), pages 1-22, April.

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