Religion and international business

Religion and international business

Religion can create networks of trust and familiarity that facilitates economic transactions. Can you name other positive aspects of this relationship?

Since Max Weber’s protestant work ethics, there have been many studies about relationship between religion and business aspects. Countries that tend to have higher percentages of their population that believe in hell also tend to be less corrupt. These correlations are quite strong. Although they do not provide evidence that one causes the other, they are nonetheless consistent with the Barro and McCleary result that religious beliefs can influence economic outcomes.

http://youtu.be/6eJe7FR35dA

reference: http://findarticles.com/p/articles/mi_qn4188/is_20060402/ai_n16207282/