What Does Progress Mean? A Temptative Answer Following a Classical Approach
AbstractThe purpose of our paper is to propose a definition of progress based on the relationship between economic development and civil development, according to the lesson of Classical authors, especially Adam Smith. Firstly, we analyze the interaction between economic development and civil development, in a circular cumulative causation, and the various causal relationships between these two elements. Secondly, we propose a synthetic index of progress, which on the one hand takes account of the different components of development (social, civil, economic and ecological) and on the other hand is based on the concept of ‘social sustainability’ of progress, defined as balanced improvement of all its dimensions.
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Bibliographic InfoPaper provided by ULB -- Universite Libre de Bruxelles in its series DULBEA Working Papers with number 09-13.RS.
Length: 28 p.
Date of creation: 2009
Date of revision:
Publication status: Published by:
Economic development; civil development; local development; social sustainability;
Find related papers by 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
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- Floridi, Matteo & Pagni, Simone & Falorni, Simone & Luzzati, Tommaso, 2011. "An exercise in composite indicators construction: Assessing the sustainability of Italian regions," Ecological Economics, Elsevier, vol. 70(8), pages 1440-1447, June.
- Elisabetta Segre & Tommaso Rondinella & Massimiliano Mascherini, 2011. "Well-Being in Italian Regions. Measures, Civil Society Consultation and Evidence," Social Indicators Research, Springer, vol. 102(1), pages 47-69, May.
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