FACING THE GLOBAL CHALLENGE: THE POLITICAL ECONOMY OF LATE INDUSTRIALISATION IN THE ISLAMIC WORLD
FACING THE GLOBAL CHALLENGE: THE POLITICAL ECONOMY OF LATE INDUSTRIALISATION IN THE ISLAMIC WORLD

Summary/Abstract: This study is aimed at providing a substantial contribution to the comparative political economy literature by conducting a theoretically enlightened analysis of late industrialisation in the Islamic World. By locating the prevailing realities of the Islamic World within a ‘comparative institutional’ conceptual framework, an original compact comprising state structures, business communities and civil societies is proposed. The essential requirements of this compact is the ‘strategic’ leadership of the state, accompanied by the existence of a well-organised and development-oriented private sector and highly educated and autonomous civil society in the process of socio-economic transformation.

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