The presentation highlights prevailing theories on economic development, featuring Robert Solow's model, growth barriers, and key insights for potential development strategies. In the post-9/11 world, Muslim countries continue to face new challenges in their pursuit of economic growth.
Conflict remains a major obstacle to progress, hindering foreign investment and weakening political and bureaucratic institutions, which in turn stifle technological advancements.
Affluent Muslim nations, on the other hand, continue to grapple with the Resource Curse, a phenomenon which is preventing them from reaching their full economic potential despite abundance of natural resources.
This presentation offers a general overview of how Muslim countries can break through these barriers and move toward a thriving economy. The presentation ends with an emphasis on our responsibility as Muslims to gain understanding of world affairs at 36:05.
Economic Development in post-9/11 Era for Muslim Countries: Challenges and Solutions