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Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [1]
While the advocates of local consumption draw on protectionist arguments, they also appealed primarily to an environmental argument: that pollution caused by transporting goods was a major externality in a global economy, and one that "localvores" could greatly diminish. Also, environmental issues can be addressed when decision-making power is ...
Here, "culture" is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters to economic outcomes and what its relation is to institutions. [105] As a growing field in behavioral economics, the role of culture in economic behavior is increasingly being demonstrated to cause ...
In contrast to the one community mentioned above, Maya communities such as Tulum, Rio Lagartos, Holbox, Isla Mujeres, Dzitnup, Ebtun, Piste, Santa Elena, and Xcalacoop, to mention a few have local economies fully integrated into the tourism network and also maintain traditional culture. Because tourism is an economic service industry that is ...
Cultural relations can be distinguished from state led activities such as public diplomacy; cultural diplomacy and nation branding, [4] in that they do not originate only from policies of state actors; through the range of institutions and non-state actors involved pursuing their own goals as transnational actors and by their reciprocity.
Cultural globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two other being economic globalization and political globalization. [7] However, unlike economic and political globalization, cultural globalization has not been the subject of extensive research. [ 4 ]
In the essay, Bourdieu lists cultural capital among two other categories of capital: economic capital, which refers to the command of economic resources (money, assets, property); and social capital, which is the actual and potential resources linked to the possession of a durable network of institutionalized relationships of mutual ...
Cultural homogenization is an aspect of cultural globalization, [1] [2] listed as one of its main characteristics, [3] and refers to the reduction in cultural diversity [4] through the popularization and diffusion of a wide array of cultural symbols—not only physical objects but customs, ideas and values. [3]