CORDIS Project
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This project investigates the economic impact of religion in Ghana, focusing on how religious beliefs and organizations influence individual decision-making and business success. It explores the role of religion in alleviating psychological constraints and enhancing economic outcomes through community support and share…
Religion is big business in Africa.
Religion is also poorly understood business.
Almost 96% of Ghanaians agree with the statement “religion is important to my daily life”.
They put their money where their mouths are.
Expenditure surveys show that households spend 15-20% of their budgets on religious activities—more than is spent on clothes, school, or entertainment.
What are they paying for? I hypothesize that individuals use religion as a tool to relax psychological constraints.
Religion makes…
UNIVERSITE CATHOLIQUE DE LOUVAIN
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