institutional values preached in the east and practiced in the west

Please read the following articles posted under Course Material/Lectures:

Institutional econ paper

and read the following slides somehow summarized the article

The West and the Rest presentation

or you might watch the following TedX talk

After doing that please let me know your views on the followings:

Do you agree that institutional values are the root cause of eastern failure vs western success? why?

Please, comments on at least five values among ten discussed in the article. Let us know whether you agree or disagree, and why.

 

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