The Economics of Inclusion: Building an Argument for a Shared Society
AbstractThis paper presents a review of the literature on the economics of shared societies. As defined by the Club de Madrid, shared societies are societies in which people hold an equal capacity to participate in and benefit from economic, political, and social opportunities regardless of race, ethnicity, religion, language, gender, or other attributes, and where, as a consequence, relationships between the groups are peaceful. Our review centers on four themes around which economic research addresses concepts outlined by the Club de Madrid: the effects of trust and social cohesion on growth and output, the effect of institutions on development, the costs of fractionalization, and research on the policies of social inclusion around the world.
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Bibliographic InfoPaper provided by Levy Economics Institute, The in its series Economics Working Paper Archive with number wp_755.
Date of creation: Feb 2013
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Web page: http://www.levyinstitute.org
Shared Societies; Economic Inclusion; Institutions; Economic Growth; Income Distribution;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-02 (All new papers)
- NEP-CDM-2013-03-02 (Collective Decision-Making)
- NEP-EVO-2013-03-02 (Evolutionary Economics)
- NEP-HPE-2013-03-02 (History & Philosophy of Economics)
- NEP-PKE-2013-03-02 (Post Keynesian Economics)
- NEP-SOC-2013-03-02 (Social Norms & Social Capital)
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