Download Culture, Growth and Economic Policy Free Ebooks in PDF format. Download free ebook of Culture, Growth and Economic Policy soft copy pdf or read online by"Panagiotis E. Petrakis"Published on 2014-02-17 by Springer Science & Business Media
It is a wide-spread belief that the cultural background inhered in a society affects the requirements of economic development. This relationship requires theoretical and empirical justification. The present book provides this together with an analysis of the development of cultural background itself. Cultural background is embodied in political institutions, in transactions, knowledge, incentives, in social capital, even in the tangibles of the economy. Thus, economic development is shaped and the rate of growth is affected. Conversely, economic development affects cultural background. When this interaction takes place at a non-developmental cultural background level, which is associated with low growth rates, then a growth trap is formed. Within such a growth trap, economic policy (public and monetary) is relatively deactivated and the conditions influencing the change in cultural background and its timing are of primary importance.
This Book was ranked at 28 by Google Books for keyword Economics Economic Policy & Development prime books.
Book ID of Culture, Growth and Economic Policy's Books is cEW3BAAAQBAJ, Book which was written by"Panagiotis E. Petrakis"have ETAG "Cb1RdSANqls"
Book which was published by Springer Science & Business Media since 2014-02-17 have ISBNs, ISBN 13 Code is 9783642414404 and ISBN 10 Code is 3642414400
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Book which have "238 Pages" is Printed at BOOK under Category"Business & Economics"
Book was written in en
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