Cross-cultural borrowing and comparative evolution of institutions between Islamic world and the West
The tragic events in our post 9/11 world disguise the fact that Islam and the West have actually been in a symbiotic relationship over the very long period. Cross-cultural institutional borrowing has constituted a major component of this symbiosis. I intend to focus in this paper on the way these civilizations borrowed important economic institutions from each other. The paper will start with a brief theoretical model explaining the process of cross-cultural institutional borrowing. This will then be followed by an account of the economic institutions actually borrowed.
Cross-cultural borrowing institutions , Business partnerships , Charitable/philanthropic foundations
Cizakca, Murat. (2006). Cross-cultural borrowing and comparative evolution of institutions between Islamic world and the West. In S. Cavaciocchi (Ed.), Relazioni economiche tra Europa e mondo Islamico, Secc. XIII-XVIII, Serie II, 38 (pp. 1-29). Prato, Italy Istituto di Storia Economica.
Istituto di Storia Economica