The Great Danes: Cultural Values and Neoliberal Reforms
affiliation not provided to SSRN
June 24, 2010
The paper examines the relationship between civic values and neoliberal reforms. It shows that countries with more idealistic (or civic-minded) cultural attitudes also have more neoliberal economic policies. In addition, countries with more idealistic cultural values moved most rapidly toward market reforms after 1980. In less civic-minded cultures, rent-seeking special interest groups blocked reform, even as the superiority of the neoliberal economic model became increasingly apparent.
Number of Pages in PDF File: 40
Keywords: Neoliberalism, civic-minded, market reforms
JEL Classification: H1
Date posted: June 25, 2010