Institutions, Religion, and the Rise of Europe Vis-à-Vis the Middle East: A Long-Run Reversal of Fortunes

Document Type

Article

Publication Date

2011

Abstract

The economic rise of Europe and its offshoots relative to the rest of the world is of intrinsic interest to those concerned with the mechanisms underlying economic success and stagnation. This column argues that differences in the legitimising relationship between political and religious authorities in Europe and the Middle East have contributed to the economic divergence between the two regions in the last half-millennium.

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This article was originally published in VoxEU in 2011.

Copyright

VoxEU

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