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Author:Tabellini, G.
Title:Presidential address: Institutions and culture
Journal:Journal of the European Economic Association
2008 : APR/MAY, VOL. 6:2-3, p. 255-294
Index terms:culture
institutions
Freeterms:values
Language:eng
Abstract:It is asked, how and why distant political and economic history shape the functioning of current institutions (henceforth as: insts). It is argued that individual values and convictions about the scope of application of norms of good conduct provide the "missing link". Based on evidence there are two main findings: 1. Individual values consistent with generalized morality (here as: gen-mrlty.) are widespread in societies, 2. Well-functioning insts. are often found in countries or regions where individual values are consistent with gen-mrlty.
SCIMA record nr: 272121
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