Islahi, Abdul Azim (2008): Mercantilism and the Muslim states: Lessons from the history. Published in: Hamdard Islamicus , Vol. 32, No. 3 (July 2009): pp. 23-43.
This is the latest version of this item.
Download (167Kb) | Preview
Mercantilism was the dominant current of economic thinking and practice during the 16th, 17th, and 18th centuries till the emergence of physiocracy. The scientific discoveries in Europe helped the development of mercantilism in many ways. Discovery of new world provided them with new market and a new all water route of European trade through the Cape of the Good Hope. On all these fronts the Muslim states lagged behind. Their absence from this front left the merchant-patronizing governments free to impoverish a larger part of the world by establishing colonies and exploiting them to their own benefit. The development of mercantilism marked the shift of paradigm. It ignored ethical considerations and destroyed moral values that had been hitherto inseparable part of economic thinking and practices.
|Item Type:||MPRA Paper|
|Original Title:||Mercantilism and the Muslim states: Lessons from the history|
|English Title:||Mercantilism and the Muslim states: Lessons from the history|
|Keywords:||Mercantilism; Pre-classical Economics; Muslims and mercantilism; Krimi Merchants.|
|Subjects:||F - International Economics > F0 - General > F00 - General
B - History of Economic Thought, Methodology, and Heterodox Approaches > B0 - General
A - General Economics and Teaching > A1 - General Economics
Z - Other Special Topics > Z1 - Cultural Economics; Economic Sociology; Economic Anthropology > Z19 - Other
N - Economic History > N0 - General > N00 - General
|Depositing User:||Abdul Azim Islahi|
|Date Deposited:||30. May 2010 06:54|
|Last Modified:||08. Jan 2014 22:47|
Appleby, Joyce Oldham (1978), Economic Thought and Ideology in Seventeenth–Century England, Princeton: Princeton University Press.
Baeck, Louis (1994), The Mediterranean Tradition in Economic Thought, London and New York, Routledge.
Bibbs, Hugh (1999), The Islamic Foundation of the Renaissance Bowen Island, British Columbia, (Canada), Northwest & Pacific Publishing
Cahen, Claude (1970), “Quelques Mots sur le Déclin Commercial du Monde Musulman à la Fin du Moyen Age” in:
Cook, M.A. (ed.) Studies in the Economic History of the Middle East, London: Oxford University Press, pp. 31-35.
Çizakça, Murat (2000), Principles of Islamic Economics as Applied by the Ottoman State: Policies, Institutions and Consequences, Paper submitted at the International Seminar on “Islamic Approach to Market Regulations and Economic Stability”, convened in Teheran, Iran. 18-22 November, 2000. 28 p.
Wright, Walter Livingston (tr.) (1935), Ottoman Statecraft: the Book of Counsel for Vezirs and Governors (Nasihat al-Wuzara' wa'l-Umara' by Sari Mehmed Pasha , the Defterdar, Turkish Text with Introduction, Translation and Notes), Princeton: Princeton University Press
Ghazanfar, S.M. (ed.), (2003), Medieval Islamic Economic Thought, London and New York, RoutledgeCurzon.
Gibb, H. A. R. and Bowen, Harold (1965), Islamic Society and the West, London, First edition 1957. Reprint, Oxford, Oxford University Press, 2 volumes, (page references are to reprint edition).
Glamann, Kristof (1977), “European Trade 1500-1750”, in: Cipolla, Carlo, M. (ed.), The Fontana Economic History of Europe volume 2: The Sixteenth and the Seventeenth Centuries, n.p., Fontana Books, 1974. Reprint, Sussex, England: Harvester Press, pp.727-526, (page references are to reprint edition).
Grice-Hutchinson, Marjorie (1978), Early Economic Thought in Spain, 1177-1740, London, George Allen & Unwin.
Hamdani, Abbas (1994), “An Islamic Background to the Voyages of Discovery”, in Jayyusi, Salma Khadra (ed.), The Legacy of Muslim Spain, Leidan, E.J. Brill, 273-306.
Heaton, Herbert (1948), Economic History of Europe, New York, Harper.
Heckscher, Eli F. (1954), Mercantilism, translated by Mendal Shapiro, London, George Allen and Unwin.
Hodgson, Marshall G. S. (1974), The Venture of Islam, Chicago: The University of Chicago Press. Volume 3.
Hurewitz, J.C. (1987) Diplomacy in the Near and Middle East: A Documentary Record 1535-1956, Oxford, Archive Editions, first Published in 1956 by Von Nostrand Co. New York, Vol. I. Ibn Iyas, Muhammad b. Ahmad, (1960) Bada'i‛ al-Zuhur fi Waqa'i‛ al-Duhur, Cairo: Lajnat al-Talif wa'l-Tarjamah.
Ibn Khaldun (1967), Muqaddimah of Ibn Khaldun, (An Introduction to History) Translated by Rosenthal, F., New York, Princeton University Press.
Islahi, Abdul Azim (2008), “The emergence of Mercantilism as a Reaction Against Muslim Power: Some of the Evidences From History”, Review of Islamic Economics, Vol. 12, No. 1, pp. 137- 150)
al-Jaziri, Abd al-Qadir b. Muhammad, (n.d.), al-Durar al-Fara'id al-Munazzamah fi Akhbar al-Hajj wa Tariq Makkat al-Mu‛azzamah, Riyadh: Dar al-Yamamah.
Karpat, Kemal H. (ed.) (1974), The Ottoman State and Its Place in World History, Leiden: E.J. Brill, pp. 79-98
Kirk, George E. (1964), A Short History of the Middle East, Northampton, U.K., Methuen and Co.
Labib, Subhi Y. (1990), “Kārimī” in Encyclopaedia of Islam, Leiden: E.J. Brill, vol.4, pp.640-643.
Lekachman, Robert (1959), A History of Economic Ideas, New York, McGraw-Hill
Letwin, William (1963), The Origins of Scientific Economic: English Economic Thought, 1660-1776, Strand, Methuen and Co.
Lewis, Bernard (1968), The Emergence of Modern Turkey, Oxford, Oxford University Press, Second Edition.
Lewis, Bernard (1982), The Muslim Discovery of Europe, London, Weidenfeld and Nicolson
Lewis, Bernard (1976), Studies in Classical and Ottoman Islam (7th–16th Centuries), London, Variorum Reprint
al-Maqrizi, Muhammad Ali (1971), Kitab al-Suluk, Cairo: Dar al-Kutub Press, vol. 3.
Moreland, W. H. (1974), India at the Death of Akbar, London, Macmillan and Co. 1920. Reprint, Delhi, Prints and Trans Publications. (page references are to reprint edition).
Morison, Samuel E. (1963), Journals and other documents on the life of C. Columbus, New York.
al-Muhibbi, (n.d.) Khulasat al–Athar fi a`yan al-Qarn al-Hadi `Ashar (Summary of History of the Eleventh Century), , Cairo, Dar al-Kitab al-Islami, 4 vols.
Myers, Eugene A. (1964), Arabic Thought and Western World, New York, Fredrick Ungar Publishing Company, Inc.
Oser, Jacob and Blanchfield, W.C. (1975), The Evolution of Economic Thought, Third Edition, New York, Harcourt Brace.
Roll, Eric (1974), A History of Economic Thought, Homewood (Illinois), Richard D. Irwin In. Sezgin, Fuat (1984), Muhadarat fi Tarikh al-Ulum al-Arabiyah wa’l-Islamiyah, (Lectures on Arabic and Islamic Sciences), Frankfort, IGAIW.
Sharif, M.M. (1966), A History of Muslim Philosophy, Weisbaden: Otto Harrassowitz, 2 Vols.
Stripling, George William Frederick (1977), The Ottoman Turks and the Arabs 1511-1574, Urbana, University of Illinois Press (appeared in Illinois Studies in the Social Sciences, vol. 6, no. 4), 1942. Reprint, Philadelphia, Porcupine Press (page references are to reprint edition).
Watt, Montgomery, W. (1972), The Influence of Islam on Medieval Europe, Edinburgh, Edinburgh University Press.
Whittaker, Edmund (1960), Schools and Streams of Economic Thought, London, John Murray.
al-Zabidi, Abd al-Rahman b. Ziyad (1978), Ghayat Talkhis al-Murad min Fatawa Ibn Ziyad, published at the margin of Bughyat al-Mustarshidin fi Talkhis Fatawa ba`d A’immah min al-`ulama’ al- Mu’akhkhirin, edited by Abd al-Rahman Ba`alawi, Beirut: Dar al-Ma`rifah.
Available Versions of this Item
- Mercantilism and the Muslim states: Lessons from the history. (deposited 30. May 2010 06:54) [Currently Displayed]