A socio-economic profile of Muslim countries

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Book Chapter

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Ariff, M., & Safari, M. (2014). A socio-economic profile of Muslim countries. In M. K. Hassan & M. K. Lewis (Eds.), Handbook on Islam and Economic Life (pp. 198-211). Cheltenham, United Kingdom: Edward Elgar Publishing Ltd.

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© Copyright, M. Kabir Hassan and Mervyn K. Lewis, 2014

2014 HERDC submission




Extract: This chapter presents a socio- economic profile of Muslim countries at the beginning of the second decade of the twenty- first century. In broad terms, the 57 majority Muslim countries (see the Appendix to this chapter) have a combined population of 1.4 billion Muslims, which is 23 percent of the world population. An additional 200 million to 300 million Muslims live as minorities in other nations. The average human development index value computed by the World Bank is 15 percent higher for the world, while the index score for the Muslim countries is 59. In fact, the slightly lower human development score is good news on how far the Muslim countries have progressed based on the perception of their situation some 60 years ago as depicted in the then contemporary historical accounts, when the countries were noted for their lack of modernization and poor governance. During the last 60 years almost all of these nations gained freedom from colonial powers, and the extent of the progress made since then is examined in this study.


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