Economics, Culture and Development

By Eiman O. Zein-Elabdin

© 2016 – Routledge

228 pages

Purchasing Options:
Hardback: 9780415551922
pub: 2015-09-09
Available for pre-order
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About the Book

This book examines the treatment of culture and development in the discipline of economics, thereby filling a conspicuous gap in current literature. Economics has come a long way to join the ‘cultural turn’ that has swept the humanities and social sciences in the last half century. This volume identifies some of the issues that major philosophies of economics must address to better grasp the cultural complexity of contemporary economies.

This book is an extensive survey of the place of culture and development in four theoretical economic perspectives—Neoclassical, Marxian, Institutionalist, and Feminist. Organized in nine chapters with three appendices and a compendium of over 50 interpretations of culture by economists, this book covers vast grounds from classical political economy to contemporary economic thought. The literatures reviewed include original and new institutionalism, cultural economics, postmodern Marxism, economic feminism, and the current culture and development discourse on subjects such as economic growth in East Asia, businesswomen entrepreneurs in West Africa, and comparative development in different parts of Europe.

Zein-Elabdin carries the project further by borrowing some of the insights from postcolonial theory to call for a more profound rethinking of the place of culture and of currently devalued cultures in economic theory. This book is of great interest for those who study Economic development, International relations, feminist economics, and Economic geography

Table of Contents

1. Economics, Culture, and Development 2. Classical Political Economy and the Rise of Neoclassicism 3. Neoclassical Economics and Culture 4. Institutional Economics – Veblen’s Tradition 5. The New Institutional Economics 6. Marxian Economics – From Modern to Postmodern 7. Development Economics – Three Stances on Culture 8. Feminist Economics – Women, Culture, and Development 9. Conclusion 10. Appendix I – Culture in Economics – A Chronology 11. Appendix II – Some Interpretations of Culture in Economics 12. Appendix III – Development in Economics – A Select Chronology

About the Author

Eiman O. Zein-Elabdin is Professor of Economics at Franklin & Marshall College, in Lancaster, Pennsylvania, USA.

About the Series

Routledge Frontiers of Political Economy

In recent years, there has been widespread criticism of mainstream economics. This has taken many forms, from methodological critiques of its excessive formalism, to concern about its failure to connect with many of the most pressing social issues. This series provides a forum for research which is developing alternative forms of economic analysis. Reclaiming the traditional 'political economy' title, it refrains from emphasising any single school of thought, but instead attempts to foster greater diversity within economics.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS069020
BUSINESS & ECONOMICS / International / Economics
BUS069030
BUSINESS & ECONOMICS / Economics / Theory