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Economic Ideas, Policy and National Culture - A Comparison of Three Market Economies (Hardcover)
Loot Price: R3,887
Discovery Miles 38 870
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Economic Ideas, Policy and National Culture - A Comparison of Three Market Economies (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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Total price: R3,897
Discovery Miles: 38 970
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All human beings develop a certain view on the world. Inhabitants
of the same country are likely to develop similar worldviews. The
common part of these views constitutes the country's national
culture. Consequently, academic economists, policymakers, and the
population at large are consistently exposed to the same opinions
on the preferred way of organizing an economy. This book explores
the economic impacts of these shared cultural values, focusing on
the economies of the United States of America, Germany, and France.
These three countries broadly represent three different types of
economic organization and their corresponding economic ideologies:
a free market economy, a coordinated market economy, and a
hierarchical market economy. The contributors to this edited volume
have examined the extent to which the shared worldviews between
academic economists, policymakers, and the wider population impact
these economies. In particular, the chapters investigate the
consequences for the design of the labor market, the financial
system, competition policy, and monetary policy. The work also
explores the extent to which the shared views on national culture
and economic systems and policies in these countries contribute to
the population's well-being overall. This book makes an invaluable
contribution to the literature on comparative economics, economic
policy, well-being and cultural economics.
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