Showing 1 - 10 of 26,896
The rise and fall of the Soviet Union and the communist empire was one of the distinguishing events of the twentieth century. The 21 countries that made up the Warsaw Pact simultaneously made a transition from Communism to more market-based economic systems. These countries all shared a common...
Persistent link: https://www.econbiz.de/10013309090
This paper explores the links between economic growth and human development, identifying two chains, one from economic growth to human development, the other from human development to economic growth. The importance of various links in each chain are explored empirically with the help of...
Persistent link: https://www.econbiz.de/10014218615
speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and …
Persistent link: https://www.econbiz.de/10010357676
This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more pleasure from consumption than religious...
Persistent link: https://www.econbiz.de/10010492354
This paper uses a historical setting to study when religion can be a barrier to the diffusion of knowledge and economic …
Persistent link: https://www.econbiz.de/10012039060
This paper reviews recent economics literature on culture, with an emphasis on its relation to the field of long-run growth and development. It examines the key issues debated in the new cultural economics: causal effects of culture on economic outcomes, the origins and social costs of culture,...
Persistent link: https://www.econbiz.de/10012983798
Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global economy. First, we critically discuss Friedman's views and highlight the new globalization driven by outsourcing and vertical specialization. Second, we argue that Friedman pays...
Persistent link: https://www.econbiz.de/10013316592
The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are also uneven across space, it also seems relevant...
Persistent link: https://www.econbiz.de/10011515023
Persistent link: https://www.econbiz.de/10011795006
We conducted a multi-country experiment on whether a reminder of the Islamic prohibition on interest induces lenders to choose Profit-Loss Sharing arrangements (PLS) as an alternative. We find that 1) Muslims are more likely to choose PLS than non-Muslims; 2) they do so when interest rates are...
Persistent link: https://www.econbiz.de/10012871520