TY  - JOUR
PY  - 2009//
TI  - Moral sentiments and economic practices in Kyrgyzstan: the internal embeddedness of a moral economy
JO  - Cambridge journal of economics
A1  - Sanghera, Balihar
A1  - Satybaldieva, Elmira
SP  - 921
EP  - 935
VL  - 33
IS  - 5
N2  - In The Theory of Moral Sentiments, Adam Smith notes that moral sentiments, emotions and feelings affect economic and social practices. In the literature on social embeddedness of the economy, sentiments and emotions are neglected, and more attention is given to rules, norms and institutions, which are seen as being instrumental in reducing transaction costs and creating social cohesion. By examining the transformation of Kyrgyzstan to a market economy, the authors show how emotions can motivate individuals to pursue ultimate concerns and commitments. Furthermore, it is argued that without moral emotions and institutional safeguards, economic practices and relationships can be distorted.<p /> 
LA  - 
SN  - 0309-166X
UR  - http://dx.doi.org/10.1093/cje/bem020
ID  - ref1
ER  -