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Economic Freedom and New Economic Paradigm

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  • Veselin Vukotić

Abstract

Are economic freedoms going to clear our way to prosperity? Is the growth of economic freedoms our path to prosperity? Is it in the base of the new understanding of development? If yes, what will necessarily have to be changed in the economic practice of every country and whole world in general? What will be changed in economic theory? What are potential consequences of an attempt to offer resistance to the new concept of development? These are just some of the questions discussed in this paper, whereas the starting point is the economy and economic development of Montenegro. Key words: Economic Freedom, Economic Paradigm, Global economy, National state.JEL: F02, O43, B52.

Suggested Citation

  • Veselin Vukotić, 2008. "Economic Freedom and New Economic Paradigm," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 55(1), pages 115-128.
    • Handle: RePEc:voj:journl:v:55:y:2008:i:1:p:115-128:id:241
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    More about this item

    Keywords

    Economic Freedom; Economic Paradigm; Global economy; National state;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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