Download Culture, Growth and Economic Policy by Panagiotis E. Petrakis (auth.) PDF

By Panagiotis E. Petrakis (auth.)

It is a everyday trust that the cultural historical past inhered in a society impacts the necessities of financial improvement. This dating calls for theoretical and empirical justification. the current e-book presents this including an research of the advance of cultural historical past itself. Cultural historical past is embodied in political associations, in transactions, wisdom, incentives, in social capital, even within the tangibles of the financial system. hence, fiscal improvement is formed and the speed of progress is affected. Conversely, fiscal improvement impacts cultural historical past. whilst this interplay occurs at a non-developmental cultural historical past point, that's linked to low progress premiums, then a progress capture is shaped. inside of this sort of progress capture, financial coverage (public and fiscal) is comparatively deactivated and the stipulations influencing the switch in cultural history and its timing are of fundamental importance.

Show description

Read or Download Culture, Growth and Economic Policy PDF

Best economic policy & development books

Housing Policy Reforms in Post Socialist Europe: Lost in Transition

The ebook offers special insights into the method of housing reforms in post-socialist Europe in the course of its transition to markets and democracy. It explores the relationships among housing coverage and housing procedure functionality in 9 nations: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Former Yugoslav Republic of Macedonia, Romania, Republic of Moldova, Serbia and Montenegro.

Child Welfare in Developing Countries

What components impact baby welfare? How can coverage increase baby welfare? In constructing international locations, there was fairly little empirical paintings at the research and dimension of kid poverty. extra, poverty has many dimensions, together with mortality, morbidity, starvation, illiteracy, loss of mounted housing and shortage of assets, and can't be assessed with a unmarried dimension technique.

Rational Extremism: The Political Economy of Radicalism

Extremists are humans whose rules or strategies are considered as outdoor the mainstream. checked out this manner, extremists aren't inevitably twisted or evil. yet they are often, in particular after they are illiberal and violent. What makes extremists flip violent? This publication assumes that extremists are rational: given their ends, they decide upon the simplest capability to accomplish them.

Neoliberal Hegemony and the Pink Tide in Latin America: Breaking Up With TINA?

Chodor examines the struggles opposed to neoliberal hegemony in Latin the US, below the 'Pink Tide' of leftist governments. using a serious overseas Political economic system framework derived from the paintings of Antonio Gramsci, he appears to be like at its such a lot favourite participants – Venezuela less than Hugo Chávez and Brazil less than Lula and Dilma Rousseff.

Extra resources for Culture, Growth and Economic Policy

Sample text

The end of the Cold War had two significant repercussions. First, the dispute between market economies and centrally planned economies came to an end, and second, the debate on the consolidation of the market economy commenced (De Jong 2009). The end of World War II represented significant upheaval within economic science, which led to various divergences. Samuelson’s (1947) Foundations of Economic Analysis, which outlined his approach to optimization under limited conditions, signified a point of reference for understanding most economic problems.

Here, we consider that culture does matter but produces different results. This ensures that there are no unambiguous correlations between cultural traits and specific economic results. As far as growth is concerned, a given cultural trait may have an enhancing presence in one economy yet act as a barrier in another. Of course, the definition of economic effectiveness is relative and this makes ratiocination difficult. Hence, it is important to determine whether economic effectiveness is defined in terms of GDP per capita, productivity, happiness or rate of growth.

The process where the human body adapts to the external environment through blood circulation (Tavassoli 2009). As a mechanism of “adaptation to temperature changes”, homeostasis is the result of a control system that functions through basic human mechanisms—hormones, neurotransmitters, dopamine, serotonin and norepinephrine—connected to the hypothalamus in the human brain. This system concerns emotions and incentives. Dopamine is associated with reward expectations and activation incentives.

Download PDF sample

Download Culture, Growth and Economic Policy by Panagiotis E. Petrakis (auth.) PDF
Rated 4.94 of 5 – based on 49 votes