Institutions, Religion, and the Rise of Europe Vis-à-Vis the Middle East: A Long-Run Reversal of Fortunes
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.
Rubin, Jared. “Institutions, religion, and the rise of Europe vis-à-vis the Middle East: A long-run reversal of fortunes,” VoxEU(2011).