There is interesting article about development characteristics
in Islamic countries written by John Perkins.
The article with the title of “Islam and economic
development” covers historical and current view to development issues in
Islamic countries.
The author writes:
“Many in the Muslim world perceive that their economic
circumstances lag behind that of the "West".
They may also be aware that in the golden age of Islam,
Muslim societies led the world in science, philosophy, culture and prosperity.
Since then, Muslim empires have been defeated, Muslim
countries invaded and colonized, and humiliation has been suffered at the hands
of the Christian West.
Since the age of imperialism, independence has been
gained, but many Muslim countries still fall into the category of "less
developed country".
Those that are not in this category generally owe their
status to their fortunate possession of natural resources, oil in particular.
Many
Muslims regard their relative poverty as something that in part at least, has
been imposed upon them by the West.”