Geographical Deviation and Historical Development / Geografska Devijacija i Istorijski Razvoj

• Authors: Miomir Jakšić
• Languages of publication: EN

Abstracts

EN

Different destinies of particular countries and nonexistence of warranted economic and social prosperity are explained by two paradigms: geographical and institutional one. Geographical paradigm insists upon the significance of physical geography, climate, ecology, that shape technology and individual behaviour. Institutional paradigm attributes the central role of institutions which promote investment in human, physical capital and technology. These two approaches have their roots in: 1. Traditional society theory (Theory of Asiatic mode of production): differences in traditional societies of each country explain their different growth rates and level of economic development, and 2. World system theory: only countries that escaped colonial status have a chance to develop.

Keywords

EN

Asiatic mode of production; Institutions; Geographical deviation; Modern world system

• Publisher: Sciendo
• Journal: Economic Themes
• Year: 2015
• Volume: 53
• Issue: 3
• Pages: 314-330

Dates

published

2015-09-01

received

2014-12-10

accepted

2015-09-24

online

2016-04-15

Contributors

author

Miomir Jakšić

• Univerzitet u Beogradu, Ekonomski fakultet

References

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Identifiers

DOI

10.1515/ethemes-2015-0018