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Cited by 2,384

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Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies

Greif, Avner·1994·Journal of Political Economy

Abstract

Lacking an appropriate theoretical framework, economists and economic historians have paid little attention to the relations between culture and institutional structure. This limits the ability to address a question that seems to be at the heart of developmental failures: Why do societies fail to adopt the institutional structure of more economically successful ones? This paper integrates game-theoretical and sociological concepts to conduct a comparative historical analysis of the relations between culture and institutional structure. It examines cultural factors that have led two premodern societies--one from the Muslim world and the other from the Latin world--to evolve along distinct trajectories of institutional structure. It indicates the theoretical importance of culture in determining institutional structures, in leading to their path dependence, and in forestalling successful intersociety adoption of institutions. Since the distinct institutional structures found in the late medieval period resemble those differentiating contemporary developing and developed economies, the paper suggests the historical importance of distinct cultures in economic development.

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Metadata

Authors
Greif, A.
Venue
Journal of Political Economy
Published
1994-10
Volume
102
Issue
5
Pages
912-950
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
OpenAlex
W2034606455
Cited by
2,384
References
24
FWCI
61.74
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies. https://app.cochat.ai/papers/10.1086/261959
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Greif, A. (1994). Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies. Journal of Political Economy. https://doi.org/10.1086/261959

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