02-08-2016, 11:59 AM |
الهادي هباني
الهادي هباني
Registered: 06-17-2008
Total Posts: 2807
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Re: Ibn Khaldun's Theory of Umran: How can Muslim Countries benefit from his tho (Re: الهادي هباني)
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The Forces of Economic Growth: The rise and fall of civilizations according to Ibn Khaldun depends on strong State to implement law through institutions and rule of law, people, wealth, development and justice Ibn Khaldun (quoted by Mohammad Tahir Sabit Haji Mohammad, 2010). This concept has been highlighted by (Yousri, 2014) as; economic growth depends upon five main forces: Political set-up and socio-economic climate, population growth, division of labor, growth and diversification of needs, and creativity and industrial skill. These five forces which are combining or integrating moral, political, social, and culture with the economic growth, are quite linked, based on (Chapra, 2006, p. 839) who said (One of the variables acts as the trigger mechanism. If the other sectors react in the same direction as the trigger mechanism, the decay will gain momentum through an interrelated chain reaction such that it becomes difficult over time to identify the cause from the effect). This means that, healthy political set-up and socio-economic climate will lead to population growth which means more expenditure, thus more division of labor, thus diversification of needs, then more innovative outputs to satisfy the growing needs …etc.
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