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Culture, Institutions, and Development - New Insights Into an Old Debate (Hardcover)
Loot Price: R4,364
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Culture, Institutions, and Development - New Insights Into an Old Debate (Hardcover)
Series: Routledge Studies in Development Economics
Expected to ship within 10 - 15 working days
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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 values affect economic growth is
of critical importance, particularly because of its policy
implications. Indeed, if culture is not an autonomous factor
susceptible to influencing economic realities, it should not matter
and public authorities can dispense with thinking about cultural
interventions. On the other hand, if culture does have a real
impact, the question arises as to whether it is conducive or
detrimental to economic growth, political liberalization, and the
emancipation of individuals among other things. Culture,
Institutions, and Development addresses this debate at a concrete
level by looking at five important issues: the role of tradition
and its influence on development; the role of religion, with
special reference to Middle Eastern countries; the role of family,
kinship, and ethnic ties in the process of development; the
relationship between culture and entrepreneurship; and the
relationship between culture and poverty. This collection offers a
nuanced view that neither denies nor exaggerates the role of
cultural factors in explaining relative growth performances across
countries. Instead, the contributors focus on the dynamic, two-way
relationship between culture and development in a way that stresses
policy stakes and the value of multidisciplinary collaboration
between economists, historians and other social scientists. This
book will be of interest to postgraduates and researchers in all
the social sciences, as well as to professionals working in
national development agencies, international organisations, and
Non-Governmental Organisations.
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