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Islamic and Neo-Confucian Perspectives on the New Traditional Economy

Author

Listed:
  • J. Barkley Rosser, Jr.

    (James Madison University)

  • Marina Rosser

    (James Madison University)

Abstract

This paper argues that the new traditional economy is an emerging form important both ideologically and in practice in the world economy today. It is characterized by an effort to embed economic practices within a traditional socio-religious structure while simultaneously seeking modern technology and high incomes. The examples of the Islamic economic system and the neo-Confucian economic system are considered in more detail, with the former seen as more significant ideologically and the latter as more important practically.

Suggested Citation

  • J. Barkley Rosser, Jr. & Marina Rosser, 1998. "Islamic and Neo-Confucian Perspectives on the New Traditional Economy," Eastern Economic Journal, Eastern Economic Association, vol. 24(2), pages 217-227, Spring.
    • Handle: RePEc:eej:eeconj:v:24:y:1998:i:2:p:217-227
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/eeconj/Volume24/V24N2P217_227.pdf
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    Citations

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    Cited by:

    1. J. Rosser & Marina Rosser, 2008. "A critique of the new comparative economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(1), pages 81-97, March.
    2. David Ackerman & Jing Hu & Liyuan Wei, 2009. "Confucius, Cars, and Big Government: Impact of Government Involvement in Business on Consumer Perceptions Under Confucianism," Journal of Business Ethics, Springer, vol. 88(3), pages 473-482, October.
    3. Gupta, Vipin & Surie, Gita & Javidan, Mansour & Chhokar, Jagdeep, 2002. "Southern Asia cluster: where the old meets the new?," Journal of World Business, Elsevier, vol. 37(1), pages 16-27, April.

    More about this item

    Keywords

    Economic Systems;

    JEL classification:

    • P40 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - General
    • P41 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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