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The Ethics of Regional Policy

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  • Isabel Pardo

Abstract

In the beginning, the economy was closed to ethics and as a social science had a moral dimension. However, after the marginal revolution and during the twentieth century, ethics was not considered in the economic analysis. Fortunately, this situation changed at the end of the past century. This paper analyzes the ethics of regional policy. Regional policy has an ethics dimension because its main goals are to reduce the differences among regions and to redistribute income. The objective of this paper is to analyze the relationship between regional policy and ethics, considering both targets and instruments. We will consider, mainly, the case of the European Union. Copyright IAES 2006

Suggested Citation

  • Isabel Pardo, 2006. "The Ethics of Regional Policy," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 12(4), pages 491-497, November.
  • Handle: RePEc:kap:iaecre:v:12:y:2006:i:4:p:491-497:10.1007/s11294-006-9043-1
    DOI: 10.1007/s11294-006-9043-1
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    References listed on IDEAS

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    1. Sen, Amaryta, 1999. "On Ethics and Economics," OUP Catalogue, Oxford University Press, number 9780195627619.
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    More about this item

    Keywords

    ethics; economy; equity; regional policy; economic cohesion; social cohesion; A11; A13; R58;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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