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Matthias Helble Religion

Decent Essays

In this article from 2006, Matthias Helble analyzes the effects that the five major world religions have on international trade. Former studies used religion as a control variable, which neglected religious minorities and failed to consider the way trade was impacted by various beliefs. Helble tested his hypothesis which considered two possible ways religion could influence trade. First, trading partners with the same religion having would have a stronger trust, reducing their transaction costs. Second, the five religions have differing views on the ethics of trading.

Hindus believe every individual has the opportunity to attain economic security. Hinduism uses a caste system; whereby specific casts are in charge of trading. Through this study,

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