The Cultural Foundations of Economic Development - Urban Female Entrepreneurship in Ghana (Hardcover)

One of the principal reasons why international aid programmes have often been unsuccessful is that imported solutions are not based upon the indigenous institutions in developing countries. This text argues that the economics of the Austrian school provide a far stronger theoretical framework which can introduce cultural analysis into questions of economic development and other market processes. It draws on extensive ethnographic field research as well as a critique of mainstream neoclassical analysis in a detailed case study of women in Ghana.