The Great Danes: Cultural Values and Neoliberal Reforms

40 Pages Posted: 25 Jun 2010

See all articles by Scott Sumner

Scott Sumner

Mercatus Center at George Mason University

Date Written: June 24, 2010

Abstract

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.

Keywords: Neoliberalism, civic-minded, market reforms

JEL Classification: H1

Suggested Citation

Sumner, Scott, The Great Danes: Cultural Values and Neoliberal Reforms (June 24, 2010). Available at SSRN: https://ssrn.com/abstract=1629940 or http://dx.doi.org/10.2139/ssrn.1629940

Scott Sumner (Contact Author)

Mercatus Center at George Mason University ( email )

3434 Washington Blvd. 4th Floor
Arlington, VA 22201
United States

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