INTERVIEW
VOL. 7, NO. 2, PGS. 1–10
What Makes One Economy More Efficient Than Another?
A conversation with Luigi Guiso
This interview was conducted by Javier Toro.
Luigi Guiso is Axa Professor of Household Finance at the Einaudi Institute for Economics and Finance.
How important is culture as an explanatory factor for economic performance? Is it a complementary or generalised factor among those traditionally used to explain economic performance?
Let me put the question a bit in perspective. Basically, what you are interested in is to contrast the standard economic factors of economic performance and the role of culture in this context, whether it should matter at all once standard economic factors are taken into account. In standard economics, [...]
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COMMENTS
Dolores García
15/03/2023
Translation:
Stew. The approaches described in the work are interesting. I agree with them. He believes that other aspects that encourage changes, probably faster, have to be added. One of them is technology and the internet. Speed is seen more in developing societies and in less proportion and in the long term in developing countries.