Tuesday, April 22, 2014

Epilogue to the article about economic development of Islamic countries (9)

Then he writes:
“This process highlights the great inequality in income between the peoples of the world.
It also shows a great discrepancy in income between the Muslim world and the Christian world.
The richest countries in the world are those of Europe, North America and East Asia.
Only a small number of Muslim countries approach their income levels, and this is only due to their oil wealth.
Data for the last two decades show that in almost all countries, living standards, (average income levels) are rising over time, as a long-term trend.
In some cases the incomes of poorer countries such as China, are increasing rapidly, narrowing the gap between themselves and the rich countries.
In many poor countries, including many Muslim countries, income growth is low, so that the gap is widening.
What factors lead to such differences?

It is possible that the differences in incomes between countries could be caused by factors entirely unrelated to religion.”

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