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Economic Benefits of Ethnolinguistic Diversity - Implications for International Political Economy (Hardcover, New)
Loot Price: R2,647
Discovery Miles 26 470
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Economic Benefits of Ethnolinguistic Diversity - Implications for International Political Economy (Hardcover, New)
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Total price: R2,667
Discovery Miles: 26 670
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Prevailing interpretation in international political economy
following the work of such analysts as Easterly and Alesina, is
that ethnic and linguistic diversity is harmful to economic
development because it is a source of division and even destructive
political conflict. This study takes a very different view. It
argues that ethnic and linguistic diversity is a source of
creativity and productivity in society and therefore is an
indispensable component of economic development. Based on an
examination of advanced-industrial (OECD) countries, this is the
first study to show at the macro-level across countries that ethnic
and linguistic diversity is a positive source of creativity for
society. Extensive econometric analysis backs up the empirical
findings of the study. This work promises to steer international
political economy in a new direction. It will highlight the
positive contributions to entrepreneurship, technological
innovation, and economic growth in the modern society of the
Information Age. An important qualification of the findings is that
the study shows how important government support is for research
and development. Without this support much of the creativity in
society in terms of skill and manpower gets lost or wasted. This
book is original and groundbreaking. It adds a new dimension to the
fields of international political economy and international
political finance.
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