Walid El Leithy
The issue of what causes some countries to achieve high economic growth while others that enjoy the same nature and natural resources don't, is still controversial and attracts the attention of both academic and non-academic alike. Therefore, the purpose of this paper is to review the literature with respect to the different researches' findings that tackle this debatable issue. Apparently, traditional economic theories link economic growth to various factors like capital, technology and labor markets. In the meantime, there is a clear evidence of the role played by national culture in the economic growth of some nations at a certain period of time, yet such cultures might have not played the same successful role at other different periods; however, the empirical findings of such studies neither support nor ignore such relationship. Therefore, a meta-analysis research would be desirable to integrate results from the existing studies to reveal patterns of causal relationships and to form a theoretical framework for further future studies. In addition, the researcher also suggests that big research institution should work hand in hand to conduct more researches in this field.
PDFShare this article
