ROLE OF RELIGIOUS BELIEFS AND PRACTICES INFLUENCE ON ECONOMIC DEVELOPMENT

Cassan Kimani

doi:10.47672/ejpcr.209

Abstract

Purpose: The purpose of the study was to determine the role of religious beliefs and practices on economic development on the Kenyan economy.Methodology: The study adopted a desktop research design.Results: Based on the past literature the study concluded that religious beliefs significantly influence economic development on the Kenyan economy. Religious Practices and Objections of Some Religious Groups to the economy were significantly related to the economic development on the Kenyan economy. Religion and religious activities can influence society in two ways. First, religious activities, such as church attendance, are social activities and thus comparable to meetings of football clubs, tennis clubs, scouts, political parties, etc. These meetings can be instruments for establishing networks that could be of use for economic activities in the region and could also be helpful for establishing trading relations with partners from other countries who belong to the same religious group. Such networks can stimulate economic growth Policy Recommendation: Based on the study findings the study recommends that Religion and religious activities can influence society in two ways. First, religious activities, such as church attendance, are social activities and thus comparable to meetings of football clubs, tennis clubs, scouts, political parties, etc. These meetings can be instruments for establishing networks that could be of use for economic activities in the region and could also be helpful for establishing trading relations with partners from other countries who belong to the same religious group. Such networks can stimulate economic growth. The study also recommends that governments and religious stakeholder should work hand in hand to formulate policies that will motivate the Kenyan economy.

Highlights

1.1 Background of the studyEconomic growth is the fundamental measurement that assesses country‟s productive capacity in terms of goods and services
Based on the past literature the study concluded that religious beliefs significantly influence economic development on the Kenyan economy
Religious Practices and Objections of Some Religious Groups to the economy were significantly related to the economic development on the Kenyan economy

Summary

Introduction

Economic growth is the fundamental measurement that assesses country‟s productive capacity in terms of goods and services. It is conventionally estimated using the percent rate of increase in GDP per capita and is correlated with numerous factors in society, among which include quality of life. GDP per capita is a reliable determinant of the level of development in a country, it is certainly not the only way to measure well-being. It fails to capture many important aspects of human welfare including health, education, and culture. Weber (1930) argued that religious practices and beliefs had important consequences for economic development

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Results

Conclusion