nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2006‒10‒07
five papers chosen by
Karl Petrick
University of the West Indies

  1. 06-04 "Ethics and International Debt: A View from Feminist Economics," By Julie A. Nelson
  2. Successful Transition towards a Virtuous Cycle of Human Development and Economic Growth: Country Studies By Gustav Ranis; Frances Stewart
  3. The Political Economy of Democratic Governance and Economic Development Keywords: Economic Development, Democracy, Governance, Human Rights, Political Economy. By Manuel Couret Branco
  4. Social economy as social science and practice : historical perspectives on France By Danièle Demoustier; Damien Rousselière
  5. Is There a Free-Market Economist in the House? The Policy Views of American Economic Association Members By Stern, Charlotta; Klein, Daniel B.

  1. By: Julie A. Nelson
    Abstract: Feminist scholars examine not only the gendered impacts of development programs whose design has been influenced by disciplines such as economics, but also the gendered biases that permeate the models and methods of the disciplines themselves. This essay draws on aspects of feminist critiques of economics, philosophy, psychology, law, and finance to analyze the way in which international debt is discussed. Feminist critiques raise serious questions about the rational choice framework that often undergirds scholarly discussions of “agents,” “contract,” “ethics,” and “capital and debt.”
  2. By: Gustav Ranis (Economic Growth Center, Yale University); Frances Stewart (Oxford University)
    Abstract: This paper explores the two-way links between Economic Growth and Human Development by examining the performance of some countries which have been successful in both dimensions and a few which have not. The specific aim is to examine the historical experience of six countries in order to determine how a system can move to a situation in which improvements in Human Development accompany and support higher rates of growth which, in turn, contribute to further improvements in Human Development as the basic societal objective.
    Keywords: Economic Growth, Human Development, Comparative Country Studies
    JEL: O11 O15 O57
    Date: 2006–09
  3. By: Manuel Couret Branco (Department of Economics, University of Évora)
    Abstract: Pure mainstream economics, based on methodological and sociological individualism usually ignores politics; development economics, on the contrary frequently integrates social and political factors in order to explain economic progress. Within this branch of economics, politics can mainly be dealt in two different approaches. The classical and neoclassical approach takes politics essentially as an obstacle to the expression of agents’ rationality, and, therefore considers it a disturbance. A more heterodox approach of development, on the contrary, puts politics at the heart of the process, development being an economic as much as a political process. Those, like A. Sen, that take human rights, both as a means and an end to development do not separate the two processes as well. Be that as it may, and despite the opposed ways in which these approaches take politics, all consider governance, and its democratic or authoritarian character, a key factor in the development process. The main purpose of this paper is to discuss the importance of the issue of democratic governance within the development process. In the first part of the paper I will make a review of the main literature concerning the impacts of democracy on economic development and the importance of promoting democracy. In the second part of the paper the analysis will focus on the political economy of democratization, namely on the obstacles standing before democracy, and on the economic policies and reforms needed to facilitate democratization. The diagnosis states that democratization needs to deal with inequality of income distribution, with institutional design in order to overcome cultural divisions within the nations, with diversification of the sources of income and with a new economic order characterized by an erased debt burden and a more equitable distribution of the benefits of international trade.
    JEL: A10 F02 F50 F54 H11 O10 O17
    Date: 2006
  4. By: Danièle Demoustier; Damien Rousselière (LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - [CNRS : FRE2664] - [Université Pierre Mendès-France - Grenoble II])
    Abstract: This article aims to investigate the multiple meanings of "économie sociale" ("social economy"), a term which first appeared in France at the founding moment of modern capitalism, both as a concept in the framework for the creation of a social science in close relation with the tradition of classical, Christian and socialist economists, and also to establish an ensemble of social practices and institutions. A historical perspective shows the close yet ambivalent relationship between these two principal connotations. Stemming from this, the conclusion presents some new research orientations towards social economy as a social science and social practice.
    Keywords: social economy ; social science ; France
    Date: 2006–10–02
  5. By: Stern, Charlotta (Swedish Institute for Social Research, Stockholm University); Klein, Daniel B. (George Mason University, USA, (and Ratio Institute, Stockholm).)
    Abstract: People often suppose or imply that free-market economists constitute a significant portion of all economists. We surveyed American Economic Association members and asked their views on 18 specific forms of government activism. We find that about 8 percent of AEA members can be considered supporters of free-market principles, and that less than 3 percent may be called strong supporters. The data is broken down by voting behavior (Democratic or Republican). Even the average Republican AEA member is “middle-of-the-road,” not free-market. We offer several possible explanations of the apparent difference between actual and attributed views.
    Keywords: -
    Date: 2006–04–02

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