nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2024‒01‒22
five papers chosen by
Karl Petrick, Western New England University


  1. The financial inclusion paradigm: the evolution of concepts in a historical and universal context By Khalid Lahrour; Latifa Horr
  2. The New Politics of Numbers: An Introduction By Andrea Mennicken; Robert Salais
  3. As I Walk these Paths: Honoring the Unheralded Courage of the African American Women Pioneers of the University of California, Berkeley By White, Gia
  4. The Zenga Index Reveals More Than the Gini and the Bonferroni Indexes. An Analysis of Distributional Changes and Social Welfare Levels By Monti Maria Giovanna; Pellegrino Simone; Vernizzi Achille
  5. The Emergence of Green Finance in the Digital Age: Catalyst for a Sustainable and Innovative Economy. By Marouane Nakhcha; Mamdouh Tlaty

  1. By: Khalid Lahrour (UH2C - Université Hassan II de Casablanca (UH2C)); Latifa Horr (UH2C - Université Hassan II de Casablanca (UH2C))
    Abstract: The concept of inclusion is related to the means of integrating individuals and social groups into social, economic and cultural life by enabling them to participate fully. Economic thought for centuries has considered human well-being as what gives meaning to economic activity. The utilitarian moral theory of Bentham and John Stuart Mills asserts that the purpose of economic activity is to improve the quality of life for the maximum number of people. The inclusive approach includes different aspects, such as social, cultural, economic and financial inclusion. The objective of this paper is to explore the concept of financial inclusion as a form of improving individual well-being and integration into the economic and social activity of a country. To achieve this objective, the paper uses a theoretical approach that draws on the review of available literature on financial inclusion and the different theoretical approaches and perspectives associated with it from prior research and studies to support the arguments presented and to show the importance of financial inclusion in ensuring a more inclusive society.
    Abstract: Le concept d'inclusion est lié aux moyens d'intégrer les personnes et les groupes sociaux dans la vie sociale, économique et culturelle en leur permettant d'y participer pleinement. La pensée économique depuis des siècles considère que le bien-être humain est ce qui donne de la signification à l'activité économique. La théorie morale utilitariste de Bentham et John Stuart Mills affirme que l'objectif de l'activité économique est d'améliorer la qualité de vie pour un maximum de personnes. L'approche inclusive couvre divers aspects, tels que l'inclusion sociale, culturelle, économique et financière. Pour atteindre ces objectifs, il est crucial de tenir compte des besoins des individus et des groupes vulnérables et de développer des politiques publiques pour les satisfaire. L'objectif de cet article est d'explorer le concept d'inclusion financière en tant que forme d'amélioration du bien-être individuel et d'intégration dans l'activité économique et sociale d'un pays. Pour atteindre cet objectif, l'article utilise une approche théorique qui se base sur la revue de la littérature disponible sur l'inclusion financière et les différentes approches et perspectives théoriques qui y sont associées des recherches et des études préalables pour étayer les arguments présentés et pour montrer l'importance de l'inclusion financière pour garantir une société plus inclusive.
    Keywords: Inclusion, Financial inclusion, Financial exclusion, growth, well-being, Inclusion financière, Exclusion financière, croissance, bien-être
    Date: 2023–12–02
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04346087&r=pke
  2. By: Andrea Mennicken (LSE - London School of Economics and Political Science); Robert Salais (IDHES - Institutions et Dynamiques Historiques de l'Économie et de la Société - UP1 - Université Paris 1 Panthéon-Sorbonne - UP8 - Université Paris 8 Vincennes-Saint-Denis - UPN - Université Paris Nanterre - UEVE - Université d'Évry-Val-d'Essonne - CNRS - Centre National de la Recherche Scientifique - ENS Paris Saclay - Ecole Normale Supérieure Paris-Saclay)
    Abstract: This chapter sets out what is ``new'' in the politics of numbers and this volume's approach to their study. Rather than asking what quantification is, this volume is interested in describing and analysing what quantification does, tracking and unpacking various quantification practices and their manifold consequences in different domains. The book revisits the power of numbers, and examines changing relations between numbers and democracy. It engages, for the first time, Foucault inspired studies of quantification and the economics of convention in a critical dialogue. In so doing, the volume seeks to account more systematically for the plurality of the possible ways in which numbers can come to govern, highlighting not only disciplinary effects but also the collective mobilization capacities quantification can offer.
    Keywords: Democracy, Economics of convention, Foucault, Power, Quantification, sociologie, Utopia
    Date: 2022
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04115712&r=pke
  3. By: White, Gia
    Keywords: Arts and Humanities, Berkeley, women, African-American, pioneers, University of California, 150 Years of Women
    Date: 2023–12–18
    URL: http://d.repec.org/n?u=RePEc:cdl:cshedu:qt7139n9hg&r=pke
  4. By: Monti Maria Giovanna (University of Milan, Italy;); Pellegrino Simone (Department of Economics, Social Studies, Applied Mathematics and Statistics, University of Turin, Italy;); Vernizzi Achille (Department of Economics, Management and Quantitative Methods, University of Milan, Italy;)
    Abstract: In this paper we discuss the characteristics of the Zenga index and describe how it interprets both income inequality and social welfare. The Zenga index is quite different from those commonly used today. The difference is mainly due to the role played by income weights: they depend not only on income ranks but also on income distribution. To achieve our goals, we compare the Zenga index behaviour with that of other two indexes: the Gini and the Bonferroni index. The first issue we address concerns the effect of distributional changes in terms of inequality indexes. This analysis highlights how the Zenga index interprets income inequality differently with respect to the other two indexes. The second issue we consider is to determine the social welfare function associated to the Zenga index. We derive it by employing the method proposed by Dagum in 1990. By employing the Zenga social welfare function, we show that one can go beyond Dagum's remarks: when the income increase takes place in the top part of the income distribution, the social welfare can decrease when mean income increases. We can thus conclude that the Zenga inequality index reveals more than the Gini and Bonferroni indexes; in particular, it is more sensitive for evaluating income changes taking place in different parts of the income distribution.
    Keywords: Peronal Income Tax, Gini Index, Bonferroni Index, Zenga Index, Social Welfare
    JEL: H23 H24
    Date: 2024–01
    URL: http://d.repec.org/n?u=RePEc:tur:wpapnw:084&r=pke
  5. By: Marouane Nakhcha (laboratoire de recherche en sciences de gestion des organisations - ENCG Kenitra); Mamdouh Tlaty (laboratoire de recherche en sciences de gestion des organisations - ENCG Kenitra)
    Abstract: This article explores the complex interconnection between digitization, green finance, and economic sustainability, highlighting the transformative potential of digitization for a greener economy. Adopting a rigorous research methodology, we examine the foundations of digitization and green finance, identifying the challenges and opportunities inherent in their convergence. The principles and objectives of green finance, inspired by thinkers such as Zadek and Elkington, are confronted with the advances of digitization. Our theoretical analysis reveals complex synergies between digitization and green finance, highlighting their implications for transparency, market efficiency, impact measurement, investment diversification, and innovation. However, these synergies pose challenges such as data security and regulation, requiring a responsible approach. In examining the challenges of digitizing green finance, we highlight the contributions of renowned researchers such as Rob Bauer, Andreas G. F. Hoepner, and Ioannis Oikonomou. Data privacy and regulatory challenges emerge as significant obstacles to a successful transition to greener, more sustainable finance. Our four-step methodology offers a balanced analysis of technological and regulatory challenges, exploring theoretical perspectives and potential solutions. Experts such as Rob Bauer, Andreas G. F. Hoepner, Ioannis Oikonomou, and Carolyn M. Wilkins offer innovative strategies for overcoming these obstacles, emphasizing the importance of collaboration and proactive regulation. Our article contributes to understanding the relationship between digitization, green finance, and economic sustainability. Although the transition to green digital finance presents challenges, the theoretical recommendations offer promising avenues for a more responsible and innovative economy. Our analysis encourages ongoing reflection and determined action to build a more sustainable future.
    Keywords: Innovation, Green Finance, Economic Sustainability, Technological Challenges, Catalyst, Sustainable development
    Date: 2023–12–09
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04333883&r=pke

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