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Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10010427495
Following Max Weber, many theories have hypothesized that Protestantism should have favored economic development. With its religious heterogeneity, the Holy Roman Empire presents an ideal testing ground for this hypothesis. Using population figures of 272 cities in the years 1300–1900, I find...
Persistent link: https://www.econbiz.de/10010427659
This report constitutes the first deliverable of the project ENGIME - Economic Growth and Innovation in Multicultural Environments, financed by the European Commission - FP5 - Key Action: Improving socio-economic knowledge base. Contract HPSE-CT2001-50007
Persistent link: https://www.econbiz.de/10011325046
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10010318954
Im Jahr 1930 veröffentlichte Keynes einen Aufsatz über die Zukunft der Enkel, in dem er die Lösung des ökonomischen Problems und mithin das Ende der bisherigen Menschheitsgeschichte prognostizierte. Diese Prognose und die zahlreichen Implikationen, die Keynes aus ihr herleitete, werden hier...
Persistent link: https://www.econbiz.de/10011733857
This paper examines the effect of agricultural development on a country's overall development and growth experience. In most poor countries, large fractions of land, labor, and other productive resources are devoted to producing food for subsistence needs. This 'food problem' can delay a...
Persistent link: https://www.econbiz.de/10010369225
In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...
Persistent link: https://www.econbiz.de/10010273461
Oman and Bahrain are Middle Eastern success stories. There are some key similarities. Both have followed pragmatic development strategies built on a stable foundation of strengthened governance structures and enhanced economic liberalization. These improvements occurred in somewhat different...
Persistent link: https://www.econbiz.de/10010273466
Persistent link: https://www.econbiz.de/10011695806