By Samuel P. Huntington, Lawrence E. Harrison
Well-known students and newshounds give some thought to the query of why, in the beginning of the twenty-first century, the area is extra divided than ever among the wealthy and the bad, among these residing in freedom and people less than oppression.
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Additional info for Culture Matters: How Values Shape Human Progress
The relevanceof Douglass North’s observation is apparent in the fragility of the democratic experiments in Latin America today. In Colombia, a democratic government faces a grave threat from an anachronistic left-wing revolutionary force. Peru’s president often behaves as if he were a traditional caudillo. Argentina’s recent president, Carlos Salil Menem, repeatedly dropped hints about his interest in a third term, in contravention of the country’s constitution. And the recently elected president of Venezuela, a former military officer who attempted two coups d’itat, has left observers in doubt abouthis respect for democratic norms.
The cluster concept is very different. It restson the notions thatall clusters can contribute to a nation’s prosperity, that both domestic and foreign companies enhance productivity, and that cross-industry linkages and complementarities are essential sources of competitive advantage that need to be encouraged. Although industrial targeting aims to distort competition in a nation’s favor, cluster-based policiesseek to enhance competition by fostering externalities and removing constraints to productivity and productivity growth.
Although the role of culture in economic progress is unquestioned, interpreting this role in the contextof other influences and isolating the independent influence of culture is challenging. Treatments of the role of culture in economic prosperity tend to focus on generic cultural attributes that are deemed desirable, such as hard work, initiative, belief in the value of education, as well as factors drawn frommacroeconomics, such as a propensity to Attitudes, Values, Beliefs, Microeconomics the and o f Prosperity save and invest.
Culture Matters: How Values Shape Human Progress by Samuel P. Huntington, Lawrence E. Harrison