Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance

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In this book, based on the 1995 Ohlin Lectures, Deepak Lal provides an accessible, interdisciplinary account of the role of culture in shaping economic performance. Topics addressed include a possible future "clash of civilizations, " the role of Asian values in the East Asian economic miracle, the cultural versus economic causes of social decay in the West, and whether modernization leads to Westernization. Lal makes an important distinction between material and cosmological beliefs, showing how both were initially shaped ...

Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance 1998, MIT Press (MA), Cambridge, MA

ISBN-13: 9780262122108

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