scholarly journals Analysis of the role of collectivism in light of the recent literature on the big triangle: Institutions, culture, and economic development

2021 ◽  
Vol 7 (3) ◽  
pp. 185-199
Author(s):  
Necati Berk

Why do similar economic and political institutions function differently in various cultures? Do cultural traits, differences in individualism versus collectivism, have a causal impact on economic behavior and development? This article presents a recent survey of the literature on the relationship between culture, institutions, and economic growth. On the one hand, part of the literature indicates that there is a one-way causality from culture to institutions and economic performance. On the other hand, there is an extensive literature that has established causality from institutions to economic growth and culture. However, a growing body of empirical research demonstrates that culture and institutions interact in two ways and complement each other affecting long-term growth. Research documents cultural variables affecting a great deal of economic activity and institutions across the world. Recent dominant discourse on the role of the individualism-collectivism cleavage in the determination of the wealth of nations has attempted to examine the positive effects of individualism rather than collectivism. This paper shows that the advantages of collectivism have been rarely researched within economic literature. Taking into account collectivism can shed light on various puzzles in economics, such as solving collective action problems.

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman

Abstract Entrepreneurship is recognized as one of the factors stimulating economic growth and increasing economic competitiveness. In addition, the Europe 2020 Strategy has focused its attention on entrepreneurship as a key factor of economic growth, social progress, and employment. In this context, our study examines the role of entrepreneurial performance for sustaining the development of countries, focusing on a sample of European countries. We attempt to reveal if increasing entrepreneurial performance would have significant influence on improving the economic position of countries and their future economic development. Starting from the OECD-Eurostat Entrepreneurship Indicators Programme we use a set of entrepreneurial performance indicators as independent variables and examine to what extent they can influence competitiveness and economic growth, seen as dependent variables of the models. We focus on a period of 10 years (2008–2017) and we apply panel-data estimation techniques. Because the period considered includes the period of the last international financial crisis, we also include in our analysis a dummy variable. Our results emphasize that the changes in entrepreneurial performance play a significant role in enhancing national competitiveness and economic growth. Our findings contribute to the expansion of literature in the field by providing evidence on the correlation of indicators that measure entrepreneurial performance with national competitiveness and economic growth. Moreover, our findings point out the need of the policy makers to adopt measures and policies that help and stimulate entrepreneurs to become more performant because they can generate positive effects to the economy as a whole.


2003 ◽  
Vol 29 (S1) ◽  
pp. 199-221 ◽  
Author(s):  
Karena Shaw

We find ourselves amidst an explosion of literature about how our worlds are being fundamentally changed (or not) through processes that have come to be clumped under the vague title of ‘globalisation’. As we wander our way through this literature, we might find ourselves – with others – feeling perplexed and anxious about the loss of a clear sense of what politics is, where it happens, what it is about, and what we need to know to understand and engage in it. This in turn leads many of us to contribute to a slightly smaller literature, such as this Special Issue, seeking to theorise how the space and character of politics might be changing, and how we might adapt our research strategies to accommodate these changes and maintain the confidence that we, and the disciplines we contribute to, still have relevant things to say about international politics. While this is not a difficult thing to claim, and it is not difficult to find others to reassure us that it is true, I want to suggest here that it is worth lingering a little longer in our anxiety than might be comfortable. I suggest this because it seems to me that there is, or at least should be, more on the table than we're yet grappling with. In particular, I argue here that any attempt to theorise the political today needs to take into account not only that the character and space of politics are changing, but that the way we study or theorise it – not only the subjects of our study but the very kind of knowledge we produce, and for whom – may need to change as well. As many others have argued, the project of progressive politics these days is not especially clear. It no longer seems safe to assume, for example, that the capture of the state or the establishment of benign forms of global governance should be our primary object. However, just as the project of progressive politics is in question, so is the role of knowledge, and knowledge production, under contemporary circumstances. I think there are possibilities embedded in explicitly engaging these questions together that are far from realisation. There are also serious dangers in trying to separate them, or assume the one while engaging the other, however ‘obvious’ the answers to one or the other may appear to be. Simultaneous with theorising the political ‘out there’ in the international must be an engagement with the politics of theorising ‘in here,’ in academic contexts. My project here is to explore how this challenge might be taken up in the contemporary study of politics, particularly in relation to emerging forms of political practice, such as those developed by activists in a variety of contexts. My argument is for an approach to theorising the political that shifts the disciplinary assumptions about for what purpose and for whom we should we produce knowledge in contemporary times, through an emphasis on the strategic knowledges produced through political practice. Such an approach would potentially provide us with understandings of contemporary political institutions and practices that are both more incisive and more enabling than can be produced through more familiarly disciplined approaches.


2017 ◽  
Vol 1 (2) ◽  
pp. 24-34
Author(s):  
Nasreddine AISSAOUI ◽  
Said BRIKA

The restructuring of basic health care structures represented by public institutions nearby care in Algeria, according to Executive Decree 07/140 of 19 May 2007, could have effects both positive and negative: positive effects as we quote the approximation of diversified health services towards the citizen. As for the negative effects they live in ignorance of the real role of this kind of structure, namely the prevention in the broad sense of the term before the one of care. Among the results of our case study on the 7 wilayas of eastern Algeria, we noted: a small financial allocation and a shortage of medical and paramedical human resources, which have frozen the role of these NHPF, and which have favored the caregiver’s recourse to hospital emergencies. On the other hand, we have also noticed the sufficient number of these structures throughout all the communes of the country and their proximity to the living environments, despite the derisory number of services rendered, which were able to meet certain needs of the inhabitants.


2015 ◽  
pp. 1156-1179
Author(s):  
Harish C. Chandan

Corruption is globally pervasive. Defined as abuse of entrusted power for private gain (Transparency International, 2013), corruption represents a set of economic, social, cultural, and political practices that are secretive and rooted in greed, ambition, or quest for power. This chapter reviews causes of corruption including the macro- and micro-level determinants of corruption such as leadership, management, and organizational culture. Various subjective and objective measures of corruption are discussed. Transparency International's Corruption Perception Index (CPI) and Heritage Foundation's Economic Freedom Index (EFI) are reviewed. The World Bank's Business Environment and Enterprise Performance Survey (BEEPS), Doing Business Indicator (DBI), and World Bank Institute's Governance Indicator (WBI-GI) are also reviewed, as is the role of global anti-corruption agencies and various instruments. Additionally, the relationship between corruption and foreign domestic investment, economic growth, and economic and political institutions are considered, as are anti-corruption intervention strategies for corruption and business ethics training.


2020 ◽  
Vol 12 (24) ◽  
pp. 10559
Author(s):  
Valeria Saiu

This paper proposes a reversal of perspective in the evaluation of Regeneration projects. Until now, attention has been mainly focused on project “internal effectiveness”, in reference to the environment and life quality improvement of the areas directly affected by the interventions. The effects induced in the wider urban context are rarely sufficiently analyzed. This aspect instead opens an important field of investigation, useful for a broader assessment of regeneration initiatives, especially with regards to Public Housing Neighborhoods where the long-term project success also depends on the positive effects it generates in the surroundings. Therefore, the aim of this research is to develop a conceptualization of “Outwards Regeneration Effects” (OREs), based on an extensive literature review, and to make it operational through a conceptual framework for the qualitative analysis. The results of this study, on the one hand, highlight several critical issues raised by the interventions implemented so far, and, on the other hand, provide a more effective assessment framework, useful in the evaluation of future projects. Further developments of such an approach could lead to the development of operational evaluation models, combining both qualitative and quantitative indicators, starting from the implementation of the proposed analytic framework.


2010 ◽  
Vol 40 (2) ◽  
pp. 319-340 ◽  
Author(s):  
Leonardo Costa Ribeiro ◽  
Ricardo Machado Ruiz ◽  
Américo Tristão Bernardes ◽  
Eduardo da Motta e Albuquerque

This paper suggests a simulation model to investigate how science and technology fuel economic growth. This model is built upon a synthesis of technological capabilities represented by national innovation systems. This paper gathers data of papers and patents for 183 countries between 1999 and 2003, as well as GDP and population for 2003. These data show a strong correlation between science, technology and income. Three simulation exercises are performed. Feeding our algorithm with data for population, patents and scientific papers, we obtain the world income distribution. These results support our conjecture on the role of science and technology as sources of the wealth of nations.


1982 ◽  
Vol 14 (1) ◽  
pp. 117-123 ◽  
Author(s):  
Mike Belongia ◽  
Douglas Fisher

The relevance of macroeconomic theory to the analysis of economic behavior in the agricultural sector is a recurring theme in applied research in this area. On the one hand, it is possible to find the view that the agricultural sector should be treated in isolation as an independent market or set of markets not subject to the influences of changes in monetary and fiscal policy or (other) changes in aggregate demand and supply. On the other hand, it is also possible to find literal acceptance of the usefulness of macroeconomics—perhaps in the form of a particular version of the theory—with the controversial part surfacing in the particular view of macroeconomics and how it bears on (and is influenced by) agricultural markets. The fact that this dichotomy exists is highlighted by the contrasting views expressed recently by Breimyer (1981) and Tweeten. At the same time that Breimyer advocated that “macro-economics should be struck from the lexicon,” Tweeten chose to devote his AAEA Presidential address to a discussion of the implications of current developments in macroeconomic theory and policy for the agricultural sector; his particular emphasis is on the important role of “supply-side” macroeconomics.


Author(s):  
Andrea Felicetti

This article advances one of the most important debates in recent scholarship on democratic theory: the one on deliberative systems. In the wake of the systemic turn deliberative scholars agree that not all components of a deliberative system can or even need to be deliberative. However, there is little clarity about the role of non-deliberative politics in a system and to what extent these are justifiable while we seek a more deliberative society. In this paper I first illustrate the main ideas of the systemic turn, explore the distinction between ‘deliberative’ and ‘non-deliberative’ politics and investigate the main arguments justifying non-deliberative politics. Then, I build upon these arguments to shed new light on the relationship between deliberative and non-deliberative politics. I identify three distinctive actors in deliberative systems (political institutions, empowered agents, and public space actors). Finally, I argue that deliberative democrats should adopt three different approaches (intensive, moderate, and free) in order to assess whether the use of non-deliberative politics by each of these actors is legitimate.


2015 ◽  
Vol 42 (8) ◽  
pp. 717-732 ◽  
Author(s):  
Mahmoud Arayssi ◽  
Ali Fakih

Purpose – The purpose of this paper is to study the role of institutions (including civil law origin), financial deepening and degree of regime authority on growth rates in the Middle East and North Africa region. Design/methodology/approach – This paper examines the implications of industrial firm-related and national factors for the determinants of economic growth using panel data through a fixed effect model. Findings – The results reveal that English civil law origin and the establishment of the rule of law work with the development of financial institutions to increase economic growth in these economies; however, the democratization of the political institutions and foreign direct investment do not assist financial development in promoting economic growth. Research limitations/implications – Data covered is limited to four years. Social implications – The findings emphasize the prominence of overcoming institutional weaknesses and establishing transparent public policy governing businesses as a pre-requisite for successful universal integration in developing countries. Originality/value – This paper contributes to the literature on the relationship between finance and economic growth in two aspects. First, the authors focus on the contribution of the institutional setting and its interaction with the financial development and how this affects economic growth of the manufacturing firms. Second, the authors explore the relationship between the role of institutions, governance, the country civil law origin and the economic growth.


2016 ◽  
Vol 5 (1) ◽  
pp. 52 ◽  
Author(s):  
Edward O'Boyle

In this article we address the following question: does culture play a role in economic behavior? We conclude that culture influences economic behavior in all three areas of economic activity: work, consumption, and leisure. Our proof lies not so much in replicating certain experimental results, but in documenting in real-world circumstances how culture influences economic behavior. Attention to the role of culture in economic affairs acknowledges that humans are more than the one-dimensional, autonomous, individuals, as premised in mainstream economics, whose very existence is temporal, whose role in economic affairs is strictly instrumental, and whose behavior is virtually the same across cultures. We have argued that humans are two-dimensional twice over. First, humans are individual beings and social beings: solitary and communal, self-made and culture-bound, autonomous and dependent, rational and emotional, self-centered and other-centered. Second, humans are both matter and spirit. The duality of the human person, rooted in individuality and sociality, affords an opportunity to unify economic theory wherein individuality is the focus of microeconomics and sociality is the center of macroeconomics. Putting the isolated individual at the very heart of economics closes down that opportunity and assures that mainstream economic theory will remain truncated indefinitely. The makeover of mainstream economics will take place once neo-classical economists accept that the ultimate end of economic systems relates not to maximum personal net advantage but to integral human development.


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