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Conclusions

In: Contextual Development Economics

Author

Listed:
  • Matthias P. Altmann

Abstract

The application of a style-based framework has been suggested in the preceding analysis as a way to make development economics a more realistic, context-minded science again. Behind this approach lies the idea to conceptualise discrete sets of interdependent economic, cultural and political factors as elements of a particular economic style, and to define the context to which the elements of that style apply as the domain within which generalisations about the behaviour of economic ­phenomena are possible. While this approach challenges the usefulness of a universal model of behaviour, the possibility of a common framework for explaining economic behaviour in different cultural contexts is retained.

Suggested Citation

  • Matthias P. Altmann, 2011. "Conclusions," The European Heritage in Economics and the Social Sciences, in: Contextual Development Economics, chapter 0, pages 249-253, Springer.
    • Handle: RePEc:spr:euhchp:978-1-4419-7231-6_14
    DOI: 10.1007/978-1-4419-7231-6_14
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