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| Zweynert, Joachim; Goldschmidt, Nils. |
| The increasing gap between the formerly socialist countries of Central and Eastern Europe (CE & EE) with regard to both their economic and political performance cannot be explained by their different starting conditions after the breakdown of the Soviet Union alone. Rather, it is due to cultural and historical circumstances that shape the particular tradition and societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that the "reaction rate" of informal institutions depends on their compatibility with imported formal institutions. The transition processes in CE & EE... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Economics; Institutions; Transition; Path Dependence.; Institutional and Behavioral Economics; Z10; P51. |
| Ano: 2005 |
URL: http://purl.umn.edu/26391 |
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| Reszat, Beate. |
| At the turn of the century, the role of culture in society is changing. One facet of this change is the relation between culture and finance. Globalisation has led to an increasing competition between financial centres worldwide and culture has become one determinant of competitiveness. But, culture is also adapting to finance in that it responds to the requirements of globalisation and to the needs and desires of a place's financial community. The paper analyses these two sides of interaction between finance and culture emphasising the role of collective memory and cultural identity for the representation of financial centers and taking a closer look at the role of the arts among the variety of forms of cultural practices. Then the attention is drawn to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Finance; Finance in Urban Economies; Cultural Economics; Financial Economics; F3; R51; Z1. |
| Ano: 2000 |
URL: http://purl.umn.edu/26268 |
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| Zweynert, Joachim. |
| The paper deals with the connection between politically induced catch-up development, cultural and intellectual traditions and economic order in Germany and Russia. It is argued that in the history of both countries we encounter significant structural parallels, including the totalitarian experience. After World War II the German political elite managed to implement capitalism in a country, the population of which was still hostile towards capitalism. The key to success was that the German political rulers, in contrast to the Russian "young reformers" of the early 1990s, from the beginning on took into account the shared mental models prevailing in Germany. Therefore some lessons may be drawn from the German historical experience in regard to today's Russia. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Economics; Economic Development; Transition; Totalitarianism; International Development; B25; P51; Z10. |
| Ano: 2004 |
URL: http://purl.umn.edu/26304 |
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