Volume 54, Issue 1 pp. 79-90
Research Article
Full Access

Poverty and unemployment: A cultural approach

Jean-Luc Grosso

Corresponding Author

Jean-Luc Grosso

Professor, University of South Carolina

McDavid Professor of Business Administration, University of South CarolinaSearch for more papers by this author
Teresa L. Smith

Teresa L. Smith

Executive board of South Carolina Women in Higher Education

Search for more papers by this author
First published: 16 December 2011
Citations: 2

Abstract

For years, policymakers, business leaders, human resources professionals, and economists have attempted to explain the existence of unemployment. Unemployment inhibits the economic growth of a nation and contributes to the problem of ongoing poverty, which cannot be lessened without that growth. Understanding the causes of unemployment and developing policies and programs to decrease it are vitally important for nations around the world, but one key variable in the study of unemployment has been overlooked. That variable is culture. This article will show that culture can significantly explain cross-national differences in unemployment rates and offers a link to understanding the global problem of poverty that plagues nations today. © 2012 Wiley Periodicals, Inc.

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