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Do institutions and culture affect environmental values? In this article we analyze 1,041 environmental valuations of … 223 wetlands in 38 developing countries, to examine the effect of institutions and culture on environmental values. We … wetland valuations. Understanding these important and varying effects of institutions and culture on wetland valuations is …
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Culture, defined as shared values and beliefs, can influence the performance of an economy in many ways. The culture of … chapter summarizes and critiques a positive theory of inter-cultural competition. According to this theory, culture is created … by leaders, who specialize in the production of culture, and is shared by their followers. Leaders compete for followers …
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This study examines the critical interplay between institutional and cultural backgrounds and their collective impact on economic development, suggesting that their synchronized evolution-timing, pace, and direction-boosts economic development, while misalignment hinders it. It seeks to...
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