The Role of Culture in Economic Development Magnus Paco discusses the important role of culture in economic development, highlighting how cultural values and attitudes impact economic progress. He emphasizes the need for a 'can-do' spirit and its influence on success in various fields such as sports, politics, business, and leadership.
Cultural Influence on Economy: African Values vs. Western Economic Thought Dr. Perry Injakwu explores the connection between African culture and economy by comparing it to Western economic thought. He delves into the historical impact of colonization on African culture while emphasizing communalism as an essential aspect that promotes collective welfare within communities.
Enforcement of Cultural Etiquette for Economic Stability 'The Wealth of Nations' is referenced to emphasize individual self-interest contributing to public interest through a self-regulating system. The importance of enforcing cultural etiquette through rule-of-law is highlighted with examples from recent leadership speeches advocating proper manners as crucial for social cohesion and investor confidence in Africa's economy.