Abstract
Cultural diversity creates obvious problems for the institution and operation of markets. It substantially reduces the liquidity of resources and raises major obstacles against their mobility. It also encourages identification with particular groups, which restricts economic solidarity and often impedes forms of reciprocal insurance outside the boundaries of those groups.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Akerlof, G.A. and R.E. Kranton (2005) ‘Identity and the Economics of Organizations’, Journal of Economic Perspectives, 19(9): 32.
Alesina, A., E. Glaeser and B. Sacerdote (2001) ‘Why Doesn’t the United States Have a European-style Welfare State?’, Brookings Papers on Economic Activity, 2: 187–254.
Alesina, A. and E. La Ferrara (2000) ‘Participation in Heterogeneous Communities’, Quarterly Journal of Economics, 115: 847–904.
Alesina, A. and E. La Ferrara (2005) ‘Ethnic Diversity and Economic Performance’, Journal of Economic Literature, 43: 762–800.
Alesina, A. and E. Spolaore (1997) ‘On the Number and Size of Nations’, Quarterly Journal of Economics, 112: 1027–56.
Alesina, A., E. Spolaore and R. Wacziarg (2000) ‘Economic Integration and Political Disintegration’, American Economic Review, 90: 1276–96.
Anderson, B. (1991) Imagined Communities, London, Verso.
Arachi, G. and M. D’Antoni (2004) ‘Redistribution as Social Insurance and Capital Market Integration’, International Tax and Public Finance, 11: 531–47.
Barr, N. (1992) ‘Economic Theory and the Welfare State: a Survey and Interpretation’, Journal of Economic Literature, 30: 741–803.
Bobbio, N. (2004) ‘Il Federalismo nel Dibattito Politico e Culturale della Resistenza’, in A. Spinelli and E. Rossi, Il manifesto di Ventotene, Torino, Celid.
Bowles, S. and U. Pagano (2006) ‘Economic Integration, Cultural Standardisation and the Politics of Social Insurance’, in P. Bardhan, S. Bowles and M. Wallerstein (eds), Globalization and Egalitarian Redistribution, Princeton, Princeton University Press.
D’Antoni, M. and U. Pagano (2002) ‘National Cultures and Social Protection as Alternative Insurance Devices’, Structural Change and Economic Dynamics, 13: 367–86.
Domar, E. and R.A. Musgrave (1944) ‘Proportional Income Taxation and Risk Taking’, Quarterly Journal of Economics, 58: 388–422.
Easterly, W. and R. Levine (1997) ‘Africa’s Growth Tragedy: Policies and Ethnic Divisione’, Quarterly Journal of Economics, 112: 1205–50.
Estevez-Abe, M., T. Iversen and D. Soskice (2001) ‘Social Protection and the Formation of Skills: a Reinterpretation of the Welfare State’, in P.A. Hall and D. Soskice (eds), Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford, Oxford University Press.
Fearon, J.D. (2003) ‘Ethnic and Cultural Diversity by Country’, Journal of Economic Growth, 8: 195–222.
Gellner, E. (1983) Nations and Nationalism, Oxford, Blackwell.
Gellner, E. (1998) Nationalism, London, Phoenix.
Gellner, E. (1999) ‘The Coming of Nationalism, and its Interpetration: The Myths of Nation and Class’, in S. Bowles, M. Franzini and U. Pagano (eds), The Politics and the Economics of Power, London, Routledge.
Greif, A. (1993) ‘Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders’ Coalition’, American Economic Review, 83: 525–48.
Hall, P.A. and D. Soskice (2001) ‘An Introduction’, in P.A. Hall and D. Soskice (eds), Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford, Oxford University Press.
Hobsbawm, E. (1992) Nations and Nationalism since 1780, Cambridge, Cambridge University Press.
Hobsbawm, E. and T. Ranger (1983) The Invention of Tradition, Cambridge, Cambridge University Press.
Hong, L. and S.E. Page (1998) ‘Diversity and Optimality’, Santa Fe Institute Working Paper 98–08-077.
Iversen, T. and D. Soskice (2001) ‘An Asset Theory of Social Policy Preferences’, American Political Science Review, 95: 875–93.
La Ferrara, E. (2004) ‘Solidarity in Heterogeneous Communities’, in P. Van Parijs (ed.), Cultural Diversity versus Economic Solidarity, Brussels, De Boeck. Available online at http://www.etes.ucl.ac.be/Francqui/Livre/Livre.htm.
Lerner, A. (1972) ‘The Economics and Politics of Consumer Sovereignty’, American Economic Review, 62: 258–66.
Pagano, U. (1995) ‘Can Economics Explain Nationalism?’, in A. Breton, G. Galeotti, P. Salmon and R. Wintrobe (eds), Nationalism and Rationality, Cambridge, Cambridge University Press.
Pagano, U. (2003) ‘Nationalism, Development and Integration: the Political Economy of Ernest Gellner’, Cambridge Journal of Economics, 27: 623–46.
Pagano, U. (2004) ‘Cultural Diversity, European Integration and the Welfare State’, in P. Van Parijs (ed.), Cultural Diversity versus Economic Solidarity, Brussels, De Boeck. Available online at http://www.etes.ucl.ac.be/Francqui/Livre/Livre.htm.
Pagano, U. (2007) ‘Cultural Standardization, Institutional Diversity and the Unequal Accumulation of Intellectual Capital’, Cambridge Journal of Economics, 31: 649–67.
Robbins, L. (1937) Economic Planning and International Order, London, Macmillan. Reprinted in J. Pinder (ed.) (1998) Altiero Spinelli and the British Federalista, London, Federal Trust, pp. 49–60.
Sinn, H.W. (1995) ‘A Theory of the Welfare State’, Scandinavian Journal of Economics, 97: 495–526.
Sinn, H.W. (1996) ‘Social Insurance, Incentives and Risk Taking’, International Tax and Public Finance, 3: 259–80.
Spinelli, A. and E. Rossi (1944) Problemi della Federazione Europea, reprinted as: Il manifesto di Ventotene, Torino, Celid, 2004.
Van Parijs, P. (2005) ‘Must Europe be Belgium? On Democratic Citizenship in Multilingual Polities’. Forthcoming in I. Hampsher-Monk (ed.), The Demands of Citizenship, London, Cassel.
Van Parijs, P. (2004) ‘Cultural Diversity Against Economic Solidarity?’, in P. Van Parijs (ed.), Cultural Diversity versus Economic Solidarity, Brussels, De Boeck. Available online at http://www.etes.ucl.ac.be/Francqui/Livre/Livre.htm.
Williamson, O.E (1985) The Economic Institutions of Capitalism, New York, Free Press.
Editor information
Editors and Affiliations
Copyright information
© 2008 Massimo D’Antoni and Ugo Pagano
About this chapter
Cite this chapter
D’Antoni, M., Pagano, U. (2008). Cultural Diversity and Economic Solidarity. In: Costabile, L. (eds) Institutions for Social Well-Being. Palgrave Macmillan, London. https://doi.org/10.1057/9780230584358_9
Download citation
DOI: https://doi.org/10.1057/9780230584358_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-35965-3
Online ISBN: 978-0-230-58435-8
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)