Religion & Economic Growth and Development

19 Pages Posted: 12 Nov 2007

See all articles by Sushmit Nath

Sushmit Nath

Indira Gandhi Institute of Development Research (IGIDR)

Date Written: November 2007


This paper deals with the interlinkages between religious beliefs and practices and the economic growth and development of a particular country or region. In the paper I have reviewed some empirical work carried out in the recent times to explain the relationship between religion and growth. I have also tried to present Adam Smith's view on the subject and how it could be understood in the present context. The paper ends with a case study of the state of Gujarat in India, which shows the relationship between religious riots and economic growth.

Keywords: Religion, Economics of Religion, Religion and Growth, Gujarat, Riots, Weber

JEL Classification: O00

Suggested Citation

Nath, Sushmit, Religion & Economic Growth and Development (November 2007). Available at SSRN: or

Sushmit Nath (Contact Author)

Indira Gandhi Institute of Development Research (IGIDR) ( email )

Gen A.K. Vaidya Marg Santoshnagar
Goregaon (East)
Mumbai, Maharashtra 400065

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