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Culture, Institutions, and Development
New Insights Into an Old Debate
Series: Routledge Studies in Development Economics
Does culture matter? This question has taken on added significance since fundamentalist revivalism has recently gained ground in different parts of the world. The old controversy between Max Weber and Karl Marx, which centres around the extent to which cultural factors such as social norms and...
Published September 1st 2010 by Routledge
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Institutions, Social Norms and Economic Development
In order for economic specialization to develop, it is important that well-defined property rights are established and that suspicion and fear of fraud do not pervade transactions. Such conditions cannot be created ex abrubto, but must somehow evolve. What needs to develop is not only suitable...
Published September 19th 2000 by Routledge