Trust

Author: Francis Fukuyama
Publisher:
Publish Date: 2001-12-01
Features: "Businesspeople who ignore cultural factors are doomed to fail" — Francis Fukuyama argues that cultural factors and economic life are inseparable. The reason Western economics overlooks cultural factors in economic life is that cultural factors do not fit the universal growth models developed by economists. Therefore, with meticulous observation, he analyzes the cultural traditions and economic characteristics of the United States, the United Kingdom, France, Germany, Italy, and Asian countries, thoroughly and intricately examining the role of social trust in their economic lives. Readers can clearly understand the true importance of culture in economic development. For those who want to understand economics while recognizing it as part of a larger socio-cultural context, this book offers a fresh perspective on economic research.