Inherited Institutions in the Middle East
Lecture no. 17 from the course: America and the New Global Economy
Taught by Professor Timothy Taylor | 32 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Almost 900 years ago, the Middle East was one of the highest-income areas of the world, yet it has a per-capita GDP of about one-sixth that of the United States. Discover how economic policies related to traditional Islamic law possibly contributed to the loss of the region's economic lead.