Working paper series // Frankfurt School of Finance & Management 115
In many analyses of the Chinese so-called economic miracle, cultural factors loom large. This paper offers a brief overview of recent economic approaches to culture and puts these into an analytical framework that highlights the dynamic and creative aspects of culture. I argue that China is a model case for the role of cultural hybridization in economic change. Culture is conceived as an arrangement of non-cultural elements into a meaningful pattern. With regard to this pattern, abstract categories can be defined which allow for the identification of stable cultural features in the longer run. The paper was prepared for a GTZ workshop on the impact of culture on economic development and institutional change (Kultur, institutioneller Wandel und Wachstum), held on January 28, 2009 at GTZ Eschborn.
cultural determinants of growth cultural hybridization guanxi localism