Integrating the Concepts of Global Freedom: Economics versus Society
Abstract
Abstract. The paper carries out a context specific debate on why the real sector of the economy is important to look into to establish a framework of effective development. While doing that the paper highlights that the economic policy in the real sector is to be complemented by intervening in the progress of the society by developing social, political and legal institutions. This paper presents a post Washington consensus intellectual debate that eventually made the Prelog for first Millenium Development Goals (MDGs) and now Sustainable Development Goals (SDGs).
Keywords: Role of economics, Relation of economics to social values, Sociology of economics.
JEL. A10, A13, A14.
Keywords
References
Dollar, D., & Kraay, A. (2003). Institutions, trade and growth, Journal of Monetary Economics, 50(1), 133-162. doi. 10.1016/S0304-3932(02)00206-4
Dollar, D. & Kraay, A. (2002). Growth Is Good for the Poor, Journal of Economic Growth, 7(3), 195-225. doi. 10.1023/A:1020139631000
Ferreira, F.H.G. & Ravallion, M. (2008). Global Poverty and Inequality: A Review of the Evidence, Policy Research Working Paper, No. 4623, [Retrieved from].
Hasan, R. (2001). East Asia since the 1997 crisis, International Socialism Journal, (92), [Retrieved from].
Rodrik, D. (2006). How to Save Globalization from its Cheerleaders, CEPR, Discussion Papers, No. 6494. [Retrieved from].
Rodrik, D. & Subramanian, A. (2009). Why did Financial Globalisation Disappoint? IMF Staff Papers, 56(1), 112-138. doi. 10.1057/imfsp.2008.29
Sen, A. (1999). Development as Freedom, London and New York: Oxford Press.
Stiglitz, J. (2001). Autobiography, Nobel Prize
Stiglitz, J. (1999). The World Bank at the Millennium, The Economic Journal, 109(459), 577-597. doi. 10.1111/1468-0297.00473
United Nations Report on the World Social Situation (2005) The Inequality Predicament.
DOI: http://dx.doi.org/10.1453/jest.v3i4.1131
Refbacks
- There are currently no refbacks.
Journal of Economic and Social Thought - J. Econ. Soc. Thoug. - JEST - www.kspjournals.org
ISSN: 2149-0422
Editor: [email protected] Secretarial: [email protected] Istanbul - Turkey.
Copyright © KSP Library