TABLE OF CONTENTS: Preface ix
PART I Introduction
Chapter 1: The Puzzle of the Middle East's
Economic Underdevelopment 3
Chapter 2: Analyzing the Economic Role of Islam 25
PART II Organizational Stagnation
Chapter 3: Commercial Life under Islamic Rule 45
Chapter 4: The Persistent Simplicity of Islamic Partnerships 63
Chapter 5: Drawbacks of the Islamic Inheritance System 78
Chapter 6: The Absence of the Corporation in Islamic Law 97
Chapter 7: Barriers to the Emergence of a Middle Eastern Business Corporation 117
Chapter 8: Credit Markets without Banks 143
PART III The Makings of Underdevelopment
Chapter 9: The Islamization of Non-Muslim Economic Life 169
Chapter 10: The Ascent of the Middle East's Religious Minorities 189
Chapter 11: Origins and Fiscal Impact of the Capitulations 209
Chapter 12: Foreign Privileges as Facilitators of Impersonal Exchange 228
Chapter 13: The Absence of Middle Eastern Consuls 254
PART IV Conclusions
Chapter 14: Did Islam Inhibit Economic Development? 279
Notes 303
References 349
Index 393
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