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Culture as a Tool for Economic Analysis

In: Cultural Influences on Economic Analysis

Author

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  • Rongxing Guo

Abstract

When referring to the spatial heterogeneity of the world economy, at least two important points must be noted. First, about 134 million square kilometres of land area (excluding Antarctica) are shared by more than 200 independent economies differing greatly in size (for example, Russia has 147,000 square kilometres, whereas Monaco has less than two square kilometres). The world economy thus is widely diversified in terms of physical environment and natural resource endowments. Second, more than 6 billion people are divided unevenly among these economies. For example, China already has a population of 1.3 billion, whereas Nauru, a small independent island in the South Pacific, only has a population of about 10,000.

Suggested Citation

  • Rongxing Guo, 2006. "Culture as a Tool for Economic Analysis," Palgrave Macmillan Books, in: Cultural Influences on Economic Analysis, chapter 2, pages 23-38, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-20696-0_3
    DOI: 10.1057/9780230206960_3
    as

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