This chapter begins by noting that culture as an element in economic development in the Third World has been largely neglected in traditional development economics, most writers either seeing culture as an obstacle to development or ignoring it altogether. Recently a shift in thinking has...

Globalisation is transforming trade, finance, employment, migration, technology, communications, the environment, social systems, ways of living, cultures, and patterns of governance. The growth of technology and globalisation mutually reinforce each other. Much of the process of globalisation...

In educating economists, we should sacrifice some of the more technical aspects of economics (which can be learned later), in favour of the compulsory inclusion of philosophy, political science, and economic history. Three reasons for these interdisciplinary studies are given here. In the...