Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia

The aim of this article is to examine the impact religion has had on the post-Soviet economic development of Georgia and Estonia. The role of religion in economic development has been neglected in the field of social sciences, in which political and economic theories dominate. Considering the differ...

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Main Author: Mgaloblishvili Anastasia
Format: Article
Language:English
Published: Sciendo 2018-09-01
Series:Baltic Journal of European studies
Subjects:
Online Access:https://doi.org/10.1515/bjes-2018-0014
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author Mgaloblishvili Anastasia
author_facet Mgaloblishvili Anastasia
author_sort Mgaloblishvili Anastasia
collection DOAJ
description The aim of this article is to examine the impact religion has had on the post-Soviet economic development of Georgia and Estonia. The role of religion in economic development has been neglected in the field of social sciences, in which political and economic theories dominate. Considering the difference in the religiosity of the two countries—Georgia is one of the most religious countries in Europe while Estonia is the most atheist—religion will be incorporated as a factor that could have directly or indirectly impacted the post-Soviet development of the two countries. By studying the relationship of the church and the state in the two countries and the population’s economic attitudes that may have been influenced by their religiosity, this paper will conclude that religion can be considered a contributing factor in the economic divergence between Estonia and Georgia. The article’s overall findings will suggest that the practice of Eastern Orthodoxy in Georgia impedes the development of good governance and a free market economy, whereas the opposite holds for Protestantism or atheism in Estonia.
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spelling doaj.art-3a67289074294de483ee751af480065d2022-12-21T23:28:32ZengSciendoBaltic Journal of European studies2228-05962018-09-0182244310.1515/bjes-2018-0014bjes-2018-0014Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and EstoniaMgaloblishvili Anastasia0Department of Law, School of Business and Governance, Tallinn University of Technology, Akadeemia tee 3, Tallinn12618, EstoniaThe aim of this article is to examine the impact religion has had on the post-Soviet economic development of Georgia and Estonia. The role of religion in economic development has been neglected in the field of social sciences, in which political and economic theories dominate. Considering the difference in the religiosity of the two countries—Georgia is one of the most religious countries in Europe while Estonia is the most atheist—religion will be incorporated as a factor that could have directly or indirectly impacted the post-Soviet development of the two countries. By studying the relationship of the church and the state in the two countries and the population’s economic attitudes that may have been influenced by their religiosity, this paper will conclude that religion can be considered a contributing factor in the economic divergence between Estonia and Georgia. The article’s overall findings will suggest that the practice of Eastern Orthodoxy in Georgia impedes the development of good governance and a free market economy, whereas the opposite holds for Protestantism or atheism in Estonia.https://doi.org/10.1515/bjes-2018-0014economic developmentestoniageorgiareligion
spellingShingle Mgaloblishvili Anastasia
Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia
Baltic Journal of European studies
economic development
estonia
georgia
religion
title Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia
title_full Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia
title_fullStr Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia
title_full_unstemmed Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia
title_short Beyond Neoclassical Economics: The Impact of Religion on the Economic Disparity Between Georgia and Estonia
title_sort beyond neoclassical economics the impact of religion on the economic disparity between georgia and estonia
topic economic development
estonia
georgia
religion
url https://doi.org/10.1515/bjes-2018-0014
work_keys_str_mv AT mgaloblishvilianastasia beyondneoclassicaleconomicstheimpactofreligionontheeconomicdisparitybetweengeorgiaandestonia