The Long Divergence: How Islamic Law Held Back the Middle East by Kuran, Timur

The Long Divergence: How Islamic Law Held Back the Middle East

How religious barriers stalled capitalism in the Middle East In the year 1000, the economy of the...
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BD$80.14 BMD
SKU: 9780691147567
Product Type: Books
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Author: Timur Kuran
Format: Hardcover
Language: English
Subtotal: BD$80.14
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The Long Divergence: How Islamic Law Held Back the Middle East by Kuran, Timur

The Long Divergence: How Islamic Law Held Back the Middle East

BD$80.14

The Long Divergence: How Islamic Law Held Back the Middle East

BD$80.14
Author: Timur Kuran
Format: Hardcover
Language: English

How religious barriers stalled capitalism in the Middle East

In the year 1000, the economy of the Middle East was at least as advanced as that of Europe. But by 1800, the region had fallen dramatically behind--in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions.

Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life--including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies--all characteristic of the region's economies today and all legacies of its economic history--will take generations to overcome.

The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.

Author: Timur Kuran
Publisher: Princeton University Press
Published: 12/05/2010
Pages: 424
Binding Type: Hardcover
Weight: 1.59lbs
Size: 9.38h x 6.50w x 1.17d
ISBN: 9780691147567


Review Citation(s):
Publishers Weekly 10/11/2010 pg. 16
Choice 02/01/2012
Foreword 10/17/2010

About the Author
Timur Kuran is professor of economics and political science and the Gorter Family Professor of Islamic Studies at Duke University. He is the author of Islam and Mammon: The Economic Predicaments of Islamism (Princeton).

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