scholarly journals Social Trust as an Underlying Substance of Cultural Preferences

2021 ◽  
Vol 59 (1) ◽  
pp. 109-124

The role and the importance of social trust have been objects of a comparatively well-defined interest among investigators with sociology and social psychology backgrounds. Unfortunately, this is not so true when it comes to economists. In Economics, even the link between culture and economic development still lacks the necessary attention. On the other hand, in order to explain this link, it will be of help and importance to take social trust into consideration both directly and as an infrastructural element of some important cultural dimensions. This article – being generally with a nature of an overview – attempts to show social trust namely as such an element, offering a framework for its interpretation and showing the correlational link between trust and several cultural constructs. This will hopefully help future modelling when it comes to investigating correlational and causal links between economic parameters and generalized social trust.

2017 ◽  
Vol 1 (13) ◽  
pp. 33-48
Author(s):  
Myroslava Khutorna

This paper is devoted to the consideration of the preconditions and results of the banking sector of Ukraine transforming, its influence on the sector’s productivity, stability and significance for the real economy. It’s grounded that banking sector of Ukraine has seriously weakened its potential for the economic development stimulation. On the one hand, due to the banking sector clearance from the bad and unscrupulous banks the system has become much more sensitive to the monetary instruments and its state is going to be more predictable and better controlled. But on the other hand, massive banks’ liquidations have caused the worsening of the confidence in financial system and radical increasing of the market concentration the highest degree of which is observed in the householders’ deposit market.


2018 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
M. Najeri Al Syahrin

As a maritime country Indonesia has economic and security opportunities as a foundation for national development. The future of the Indonesian maritime is realized through the synergy between the economic and the security aspect. This article describes the importance of such synergies within the framework of the global maritime fulcrum. Economic development in this framework is realized through ‘tol laut’ and connectivity of goods and services throughout Indonesia. In terms of security issues, the combating of illegal fishing is a form of defense policy as well as effort to maintain Indonesia’s territorial sovereignty. On one hand, this paper stresses the importance of economic development supported by defense and security stability. On the other hand, the development of defense posture requires a robust economic strength. Economy and security are two aspects that are inseparable and mutually supportive as an effort to realize the ideals of Indonesia as a global maritime fulcrum.Keywords: Global maritime fulcrum, economic and security, ‘tol laut’, illegal fishing


Author(s):  
Teresa López Ruiz

Competitividad es una expresión polisémica que, en términos económicos,implica el grado de integración de la sociedad en un modelo productivobasado en la investigación, la innovación y las altas tecnologías. Pero, a su vez, entérminos ideológicos no deja de hundir sus raíces en la idea darwinista de la luchapor la supervivencia y la selección natural. Por ello, aun cuando la competitividadse invoca en términos pretendidamente objetivos como los económicos, conscienteo inconscientemente se refuerza a la vez el relato de un determinado orden social;un relato que divide el mundo entre ganadores y perdedores y que determinaquiénes merecerán perder o ganar. Y en términos culturales ello es probablementelo único que se hace, en tanto que mayores dosis de cultura competitiva no implicannecesariamente la mejora de ningún indicador real. El artículo confronta algunosde los principales indicadores económicos y sociales en el entorno UE28, conlos índices culturales de cada sociedad, encontrando que son otros los conjuntos devalores que inciden en la productividad, el empleo, la riqueza, el bienestar o ladesigualdad.Competitiveness is a polysemic word that, first of all, makes referenceto a production system based on innovation, development and high technologies.But, on the other hand, in ideological terms it refers us to the darwinist ideasof the natural selection and the fight for survive. So, when we appeal to competitivenesseven in economic, impartial terms, at the same time -and conscious orunconsciously- we reinforce the narrative of a social order that divides our societybetween winners and losers, and defines who of all will deserve to be at one sideor at the other. And in cultural terms it probably is the only thing we do, becausehigher doses of competitive culture do not necessarily increase the improvement ofany social or economic indicator. This work confronts some of these indicatorswith the cultural dimensions of the UE28 countries, finding that are others thevalues that affect the results on wealth, productivity, employment, welfare or inequality.


2012 ◽  
Vol 2 (1) ◽  
pp. 67
Author(s):  
MSc. Bardhok Bashota ◽  
MSc. Petrit Hasanaj

Karl Popper rightly says that “real starting point for each research is set based on assumptions of reality, not only based on the real facts”. The text below was prepared In accordance with this logic, where the Theories of International Development are treated especially focusing on International Economic Development. Therefore, theoretical reflections present assumption side, and study of many empirically measured data will correspond with real facts, because with ought these facts assumption would be useless.Technically this writing consists of two parts: in the first part are elaborated all theoretical and practical characteristics of overall international development, while in a second part as a case study will be Economic Development i Kosovo. From methodological point of view this is a comparative study and based on statistical data, while problem treating approach is critical and explanatory.As it will be understood later, development theories have been decisively influenced by economic thinking, and the focus on this dimension responds best to the nature of the term development. On the other hand the fact of unfolding economical development will reflect interference and the nature of it’s inter politics.Today economic development becomes a worldwide goal, having a considerable place in most of the literature with economic content. Also, here are presented as well examples from different practices that reflect economic development in different periods and places. Here is presented international economic development starting with a brief description of a genealogy of this development and ways of economic development back that time. It is of a special importance elaboration through theoretical approach on the creation of capital and economic development, as  mercantilist theory, classic and neo classic theory, than capitalization and Socialism-Marxism.To better understand the nature of economic development, the focus falls on the appearance of the Third Technological Revolution and its role in the world, contemporary economy and as well appearance of the development problems and a need for different theoretical approach.As a separate part is presented international development and its measurement, the one that marks empty topic of analyses. Then, an important reflection on economic growth or economic development provides both multinational corporations and foreign investments, as mechanism of money. Hence, elaboration of these topics has a considerable place within this text linked to their role in the development or exploitation in different regions or countries. On the other hand, another alternative of Development Theories are presented “Theories of Addiction” which will be understood best after giving a broader explanation on economic development or non-development. This set overview will give legitimate basis or will expose more to criticism.


2018 ◽  
Vol 9 (1) ◽  
pp. 151
Author(s):  
Nasrul Fahmi Zaki Fuadi

<p>This study aimed to analyze the role of waqf as an economic instrument for Islamic development. This was motivated by unresolved poverty conditions. That poor people still experience difficulties in meeting their primary needs. On the other hand, endowments as Islamic economic instruments have excellent potential in developing the economy and providing benefits to the community. This study uses qualitative methods by reviewing kinds of literature in obtaining waqf models in several countries and their success. The results show that endowments have potential in economic development. Some countries show their success in managing waqf and providing benefits to the community. The results of this study also show that Indonesia has a very good waqf potential and is able to be a solution to the problem of poverty.</p><p>Artikel ini mencoba untuk menganalisis bagaimana peran wakaf sebagai intrumen ekonomi pembangunan Islam. Hal tersebut dilatarbelakangi oleh kondisi kemiskinan yang belum terselesaikan. Bahwa penduduk miskin masih mengalami kesulitan dalam memenuhi kebutuhan primernya. Di sisi lain, wakaf sebagai intrumen ekonomi Islam memiliki potensi yang sangat baik dalam pengembangan perekonomian dan memberikan manfaat bagi masyarakat. Penelitian ini menggunakan metode kualitatif dengan mengkaji beberapa sumber dalam mendapatkan model wakaf di beberapa negara dan keberhasilannya. Hasil penelitian menunjukkan bahwa wakaf memiliki potensi dalam pembangunan ekonomi. Beberapa negara menunjukkan keberhasilannya dalam mengelola wakaf dan memberikan manfaat bagi masyarakat. Hasil dari penelitian ini juga menunjukkan bahwa Indonesia memiliki potensi wakaf yang sangat baik dan mampu menjadi solusi dari masalah kemiskinan.</p>


1997 ◽  
Vol 36 (2) ◽  
pp. 203-207
Author(s):  
Faisal Bari

Most people in Pakistan look towards the West for models of economic development, and some even look to the Islamic past. But in recent decades, the more spectacular cases have been much closer to home, and towards the East. Japan, South Korea, and Taiwan are already in the ranks of the developed, while China, Malaysia, Indonesia, and Thailand are making good progress. Despite the recent setbacks, their progress over the last three decades has been enviable. On the other hand, the countries in South Asia have lagged behind. Four decades ago there was little to choose between most of these countries, but by the seventies, the paths of some had clearly diverged, while others were beginning to diverge. Today, Pakistan, India, Bangladesh, and Sri Lanka are amongst the poorest in the world, and on certain measures, they are the poorest! What happened in the last four decades? This is the issue that Omar Noman tackles in this book.


2020 ◽  
pp. 30-50
Author(s):  
Emmanuel Oladipo Ojo Oladipo Ojo ◽  
William Abiodun Duyile

Nigeria and Botswana are famous for their sobriquets – while the former is often regarded as the ‘giant of Africa’; the latter is renowned as ‘Africa’s success story’, ‘African miracle’ and ‘Africa’s bastion of democracy’. This paper examines the fortunes of democracy in both countries with particular reference to the delivery of socio-economic and political goods. We argue that the delivery of socio-economic goods to Nigerians is almost exactly nil and that the country’s hybrid and militician democracy is a tragedy. On the other hand, we argue that although comparatively it still delivers substantial democratic gains, Botswana’s once ‘pure’ democracy is regressing particularly with regard to perpetual one party rule, ‘presidential strongman’ and growing inequality among others. We conclude that demographically and in ‘big brotherliness’, Nigeria qualifies as the ‘giant of Africa’ but with reference to qualitative governance, socio-economic development, functional institutions and delivery of the gains of democracy, Nigeria is a crippled giant and an eminent member of the committee of ‘failed democracies’. Its democratic regression in some core areas notwithstanding, relative to the ‘giant of Africa’ and other African states, Botswana still tolerably qualifies as ‘Africa’s success story’. The study relied on documentary data subjected to internal and external criticisms as well as textual and contextual analysis.


Hofstede's investigation of culture and cultural dimensions is the most widely cited research in the analysis of topics related to the field. How the author presented his work had an impact in the past, and still has an impact on today's scholars and practitioners who, thanks to its dimensions, are able to implement a framework that helps to deepen processes of cross-cultural relationships. However, such innovative research has often been criticised by the same academics that were putting it into practice. On the other hand, many scholars consider his work to be a milestone. This chapter reviews Hofstede's cultural dimensions and explores both sides of the argument, summarising the pros and cons of applying his approach to ethics and sustainability. The work also recommends areas for further discussion and research, as three of the dimensions proposed by Hofstede will become foundation for the development of the remainder of this book.


1942 ◽  
Vol 16 (6) ◽  
pp. 106-111
Author(s):  
George Winston Smith

The number of historians who have touched upon the Morrill Tariff in 1861 is equaled only by the variety of ways in which they have interpreted it. Such a complex subject obviously cannot be treated definitively in the two documents that are presented in this note. On the other hand, it does seem reasonable that these two documents may prove of interest to every student of tariff history and hold a warning for all historians: that the simplified interpretation of our economic development in terms of sections or large economic groups frequently is not borne out by factual evidence. Indeed, most careful historians will agree that it is impossible to dismiss a major tariff law with a generalization like “this section was for it, and that section was against it.”


2006 ◽  
Vol 35 ◽  
pp. 85-127
Author(s):  
Binnaz Toprak

In Turkey, Japan has often been perceived as an industrial country that developed economically while keeping to its traditions. This perception has been especially strong among Islamists and conservatives who have been critical of the process of Westernization since the nineteenth century. In their view, Turkey understood modernity as imitation of Western culture but failed to industrialize. Japan, on the other hand, proved that it was possible to modernize while preserving one's tradition, religion, and culture. Hence, according to this analysis, Japan's successful transition from agrarian to industrial society was in stark contrast to the Turkish course of modernization.


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