Religion and economic attitudes in post-communist transition

Pavol Minarik ()

Post-Communist Economies, 2014, vol. 26, issue 1, 67-88

Abstract: The role of religion has been discussed as a possible explanation of divergent economic development ever since Max Weber. This article examines its role in the post-communist transition. It adopts the approach of Guiso et al. which is based on data collected at the individual level rather than a cross-country analysis. However, with regard to recent literature we allow for a different interpretation of results. The analysis shows that religion still has an impact on individuals' economic attitudes, even after many decades of communist rule. Generally, religion is supportive of pro-market and pro-growth attitudes. The impact of different religions is not uniform, although none of them appears to be an obstacle in transition from a centrally planned economy to the free market. Further, the micro-level findings are compared with the macro-level to explain the differences in the course of transition among post-communist countries.

Date: 2014
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DOI: 10.1080/14631377.2014.874656

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