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Multicultural Risks and Opportunities

Rongxing Guo ()

Chapter Chapter 6 in Intercultural Economic Analysis, 2009, pp 131-150 from Springer

Abstract: Abstract Cultural dissimilarity is found to result in both conflict and cooperation, depending on various conditions and contexts concerned. Specifically, intercultural cooperation will be very sensitive to the measures of cultural difference in countries where cultural difference leads to serious intranational and international barriers. However, cultural dissimilarity would have a very small effect on conflict if the diverse groups have learned to live with each other in a politically stable and economically equitable environment. Our case studies provide empirical evidence that supports the hypothesis that culture sometimes may be an obstacle to multicultural development. At the sametime, they also suggest that (1) small, low-inequality economies can benefit from cultural diversity; (2) small, backward economies can benefit from radical and large-scale cultural influences from the outside world; and (3) large, backward economies can benefit from gradual and incremental cultural influences from the outside world.

Keywords: European Union; Foreign Direct Investment; Solomon Island; Special Economic Zone; Intercultural Relation (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4419-0849-0_6

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DOI: 10.1007/978-1-4419-0849-0_6

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