Routledge Foundations of the Market Economy-The Cultural Foundations of Economic Development

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SKU: 137bol1785786633

Beschrijving

This book argues that international aid programmes are unsuccessful for indigenous African institutions because it is based on mainstream economic theory which is fundamentally acultural which does not understand their cultural context.

Chalmlee-Wright argues that international aid programmes have often been unsuccessful because they are imported. The economics of the Austrian School provide a far stronger theoretical framework which can introduce cultural analysis into questions of economic development and other market processes.

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