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Endangered Species: Why Muslim Economies Fail
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Binding: Paperback
Dewey Decimal Number: 330.956
EAN: 9780962706042
ISBN: 0962706043
Label: Stratford Books
Manufacturer: Stratford Books
Number Of Items: 1
Number Of Pages: 470
Publication Date: October 28, 2004
Publisher: Stratford Books
Studio: Stratford Books
Editorial Review:
In 1963, average per capita income in the Arab world was higher than the per capita income of South Korea. Today, it is half that of Korea, which is now the 11th-largest economy in the world. What's worse, during the past 20 years, growth in per capita income for Arabs has been the lowest in the world except for sub-Saharan Africa.
In another corner of the world, growth, optimism, and hope have forcefully driven out poverty, pessimism, and despair. The East Asian economic miracle of the last two decades is no longer a mystery: China, Japan, and the tiger economies of Korea, Taiwan, Singapore and Hong Kong have set powerful new standards for the developing world to meet.
The vibrant economies of East Asia have consistently demonstrated the power of dynamic transformation by showing how effective modernization strategies can be created and implemented while at the same time protecting their own traditions, starting with authoritarian rule and a role for the state.
By contrast, the Middle East is locked in a death-dance with the West. Endangered Species documents critical lessons that the Arab world can learn from Beijing and Tokyo, not from the Washington consensus.
Customer Reviews
Average Rating: 
Rating:  - A new perspective
The author based the book on very thorough research enabling the reader "feel the streets" of the countries in the Middle East rather than some superfical think tank approach . Thus, not only are the recommendations to the Muslim World quite on target but they also show the West an alternative to expensive military solutions. The developing nations of the Middle East have a lot to contribute to the global economy if they follow their far eastern counterparts.
Rating: - Challenges to global stability
This is a must-read analysis of future prospects for global stability. It is a sobering appraisal of the dynamics of economies, religion, energy resources, education, demographics. The reader will not put the book down with a smiley face and a new spring in his step, but he will certainly have a deeper perspective to evaluate the inevitable challenges coming. Schlossstein's best yet---which is saying a lot!
Rating: - Endangered Species is relevant, rational and readable
Endangered Species is a lively, provocative look at why Muslim economies fail-and what to do about it. Schlossstein applies his recent studies of the Muslim economies to his encyclopedic knowledge of the Asian tiger economies to urge that Muslim economies follow those models rather than attempting to ape western democratic capitalism at this stage of their development. Enroute he succinctly surveys economics, religion, culture, institutions and education in several leading Muslim societies, notably ... Read More
Rating: - An essential book about making progress in the Middle East
Is there a solution to the Middle East crisis? If you are interested in this question then you should read this book. Given the poverty and population growth rates in the Middle East, it is hard to imagine any long-term solution that is not based on economic growth and broad-based prosperity. Unfortunately the Arab world currently lacks a viable economic model. But what economic model? Should it be based exclusively on the Western model or are there others that would be more easily accepted in the ... Read More
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