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Religious imperatives as a correlate of the development of human potential and the economic capital of society

Author

Listed:
  • Karpiak Maria

    (M. I. Dolishniy Institute of Regional Research of NAS of Ukraine)

  • Shparyk Khrystyna

    (Ukrainian Catholic University / Ukraiński Uniwersytet Katolicki)

Abstract

Subject and purpose of work: This article studies the role of religion in economic development. Even though it is obvious that religion plays a vital role in economic development because a healthy economy requires that all people view one another with dignity, there are still some questions which need to be answered like – why wealthier nations trend/tend to be less religious, and does economic development (as a matter of fact) cause individuals to become less religious in today’s world?

Suggested Citation

  • Karpiak Maria & Shparyk Khrystyna, 2021. "Religious imperatives as a correlate of the development of human potential and the economic capital of society," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 14(4), pages 465-474, December.
  • Handle: RePEc:vrs:ecoreg:v:14:y:2021:i:4:p:465-474:n:4
    DOI: 10.2478/ers-2021-0032
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    More about this item

    Keywords

    religion; economic development; protestant ethic; globalization;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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