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The Role of Beliefs and Cultural Attitudes in Economic Development

Frank Hefner
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Frank Hefner: College of Charleston

The Review of Regional Studies, 2002, vol. 32, issue 1, 1-8

Abstract: Does it matter what people within a region think or believe? Human capital has long been recognized as a determinant of economic development. More recently, social capital has been considered. This paper looks at the role of beliefs and cultural attitudes in economic development. The paper concludes that culture establishes the path in the evolution of economic development, but the path is not deterministic.

Date: 2002
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