On the Psychological Foundations of Economic Development

Stephen Odedoyin

MPRA Paper from University Library of Munich, Germany

Abstract: This paper considered theoretical propositions on the psychological mechanism underlying economic growth and development in diverse nations, particularly how it accounts for variations in levels of per capita income across the globe. Descriptive and analytical techniques were employed in eliciting the basic parameters that underlie this psychological mechanism which motivates inevitably productive economic engagements in various countries of the world.

Keywords: economicollocation; psychological propensities; national pride; self-interest; Psychological image; national psychological capital; economifugal (search for similar items in EconPapers)
JEL-codes: O1 O12 (search for similar items in EconPapers)
Date: 2018-02-11, Revised 2019-01-14
New Economics Papers: this item is included in nep-evo
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91504

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