Explaining the Economic Trajectories of Civilizations: The Systemic Approach

Timur Kuran

No 10-15, Working Papers from Duke University, Department of Economics

Abstract: A civilization constitutes a durable social system of complementary traits. Some of the complementarities of any given civilization are between elements of material life and ones commonly treated as integral to culture. Identifying the mechanisms responsible for a civilization's observed trajectory involves, therefore, causal relationships that cross the often-postulated cultural-material divide. Complementarities make it difficult to transplant institutions across civilizations on a piecemeal basis. They imply that reforms designed to jump start an economy will fail unless they are comprehensive. Civilizational analysis can benefit, therefore, from attention to institutional complementarities, including ones involving both cultural and material variables.

Keywords: civilization; culture; economic development; institution; institutional complementarity (search for similar items in EconPapers)
JEL-codes: N00 O10 P50 (search for similar items in EconPapers)
Pages: 34
Date: 2010
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