Monday, December 08, 2003

Study -- Islam not drag on economic growth/development

This was the conclusion of a study conducted by the Institute for International Economics.
Excluding the effects of oil production, which dominates the Islamic Middle East, or studying Muslim Arab countries separately made no difference to the results. Conventional economic fundamentals such as the level of education and the share of investment and government in the economy - which were found to be unrelated to the prevalence of Islam - mattered far more for economic success.

"If one is concerned about economic performance in predominantly Muslim regions or countries, conventional economic analysis may yield greater insight than the sociology of religion," the study says. (link)
If you're interested in reading the study for yourself ... click here.

At the risk of sounding holier-than-thou ... do you really need a study to prove this!