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Islamic and Neo-Confucian Perspectives on the New Traditional Economy

  • J. Barkley Rosser, Jr.

    (James Madison University)

  • Marina Rosser

    (James Madison University)

This paper argues that the new traditional economy is an emerging form important both ideologically and in practice in the world economy today. It is characterized by an effort to embed economic practices within a traditional socio-religious structure while simultaneously seeking modern technology and high incomes. The examples of the Islamic economic system and the neo-Confucian economic system are considered in more detail, with the former seen as more significant ideologically and the latter as more important practically.

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File URL: http://college.holycross.edu/RePEc/eej/Archive/Volume24/V24N2P217_227.pdf
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Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 24 (1998)
Issue (Month): 2 (Spring)
Pages: 217-227

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Handle: RePEc:eej:eeconj:v:24:y:1998:i:2:p:217-227
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