Culture, Growth and Economic Policy
Culture, Growth and Economic Policy
Culture, Growth and Economic Policy.cPanagiotis E Petrakis
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Author: Panagiotis E Petrakis
Page Count: 248 pages
Published Date: 05 Mar 2014
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Publication Country: Berlin, Germany
Language: English
ISBN: 9783642414398
File size: 35 Mb
Download Link: Culture, Growth and Economic Policy
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It is a wide-spread belief that the cultural background inhered in a society affects the requirements of economic development. This relationship requires theoretical and empirical justification. The present book provides this together with an analysis of the development of cultural background itself. Cultural background is embodied in political institutions, in transactions, knowledge, incentives, in social capital, even in the tangibles of the economy. Thus, economic development is shaped and the rate of growth is affected. Conversely, economic development affects cultural background. When this interaction takes place at a non-developmental cultural background level, which is associated with low growth rates, then a growth trap is formed. Within such a growth trap, economic policy (public and monetary) is relatively deactivated and the conditions influencing the change in cultural background and its timing are of primary importance.
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Culture, Growth and Economic Policy.cPanagiotis E Petrakis
Author: Panagiotis E Petrakis
Page Count: 248 pages
Published Date: 05 Mar 2014
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Publication Country: Berlin, Germany
Language: English
ISBN: 9783642414398
File size: 35 Mb
Download Link: Culture, Growth and Economic Policy
---------------------------------------------------------------
It is a wide-spread belief that the cultural background inhered in a society affects the requirements of economic development. This relationship requires theoretical and empirical justification. The present book provides this together with an analysis of the development of cultural background itself. Cultural background is embodied in political institutions, in transactions, knowledge, incentives, in social capital, even in the tangibles of the economy. Thus, economic development is shaped and the rate of growth is affected. Conversely, economic development affects cultural background. When this interaction takes place at a non-developmental cultural background level, which is associated with low growth rates, then a growth trap is formed. Within such a growth trap, economic policy (public and monetary) is relatively deactivated and the conditions influencing the change in cultural background and its timing are of primary importance.
Read online Culture, Growth and Economic Policy Buy Culture, Growth and Economic Policy Download Culture, Growth and Economic Policy for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook Culture, Growth and Economic Policy
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