Cookies?
Library Header Image
LSE Research Online LSE Library Services

Political power and institutional change: lessons from the Middle East

Pamuk, Sevket (2012) Political power and institutional change: lessons from the Middle East. Economic History of Developing Regions, 27 (s1). S41-S56. ISSN 2078-0389

Full text not available from this repository.
Identification Number: 10.1080/20780389.2012.657481

Abstract

This paper focuses on the internal organisation of the societies of the Middle East and how that may have influenced the economic institutions to explain the economic trajectory of the region since the medieval era. Societies of the Middle East experienced a good deal of institutional change since the rise of Islam. While many of these changes were in response to the changing circumstances, they also reflected the social structure and prevailing power balances. Beginning in the medieval era and continuing with the Ottomans in the early modern period, political power was concentrated in the hands of the sovereign and the state elites around him. In contrast, the influence of various social groups, not only of landowners but also of merchants, manufacturers and moneychangers, over economic matters, and more generally over the policies of the central government remained limited. As a result, societies in the Middle East did not develop institutions more independent of the state and the state elites and more in favour of the private sector.

Item Type: Article
Official URL: http://www.tandfonline.com/loi/rehd20
Additional Information: © 2012 Taylor & Francis
Divisions: European Institute
Subjects: H Social Sciences > HC Economic History and Conditions
JEL classification: N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N15 - Asia including Middle East
N - Economic History > N2 - Financial Markets and Institutions > N25 - Asia including Middle East
N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Income, and Wealth > N35 - Economic History: Labor and Consumers, Demography, Education, Health, Income and Wealth: Asia including Middle East
Date Deposited: 07 Aug 2012 09:05
Last Modified: 13 Sep 2024 23:22
URI: http://eprints.lse.ac.uk/id/eprint/45133

Actions (login required)

View Item View Item