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Approaches of prosperity in the globalization era

Author

Listed:
  • Diana-Mihaela Pociovălişteanu

    (“Constantin Brâncuşi” University of Targu Jiu Faculty of Letters and Social Sciences Târgu Jiu, Romania)

  • Liana Badea

    (Academy of Economic Studies Faculty of Economics Bucureşti, Romania)

  • Costin Octavian Sorici

    (Ovidius University of Constanta Faculty of Economics Constanţa, Romania
    University of Craiova)

Abstract

Into the 21st century, the meaning of prosperity has gone beyond material wealth. Many of the economists asks themselves what prosperity really means, as it is a problem studied from many years and it does not have an unique and general accepted definition. As Indira Gandhi said: „Freedom is indivisible …peace is indivisible …economic prosperity is indivisible”, we can say that the issue is still of interest and in the same time it is controversial. Starting from such aspects, this paper aims to emphasize some different approaches of the concept of prosperity.

Suggested Citation

  • Diana-Mihaela Pociovălişteanu & Liana Badea & Costin Octavian Sorici, 2010. "Approaches of prosperity in the globalization era," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(38), pages 143-151, May.
  • Handle: RePEc:aio:aucsse:v:1:y:2010:i:8:p:143-151
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    More about this item

    Keywords

    economy; prosperity; growth; progress; wellbeing.;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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