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The Evolution of Economic Wellbeing - Progress-Driven Economic Policies in the Era of Globalization (Paperback)
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The Evolution of Economic Wellbeing - Progress-Driven Economic Policies in the Era of Globalization (Paperback)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 10 - 15 working days
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Throughout history, humans have sought to enhance their wellbeing
across various domains. Though the spectrum of factors responsible
for wellbeing has widened considerably and advances have been
realized in scientific-technological fields, significant failures
have been encountered in establishing peaceful relations among
various communities, and the natural environment has been degraded
inconsiderately by humans since the Industrial Revolution. This
book identifies the key factors that influence changes in wellbeing
- both positively and negatively - within a framework of
socio-economic globalization, instantaneous interconnectedness, and
rising environmental risks. These 'clusters of progress' comprise
essentially the following seven areas: bolstering peace and
security; respecting universal fundamental values; satisfying
personal and social basic needs; expanding knowledge and
managerial-technological skills; promoting arts and culture;
husbanding natural resources and protecting the environment; and
concerting actions for the global common good. The term 'progress'
is used here to mean an all-embracing sustainable advancement
towards desirable goals (be they material or non-material),
offering higher levels of wellbeing to individuals and to society
at large, compared to previous or current conditions. In
unravelling the 'progress conundrum', the author draws on his own
original research and field work experiences which dovetail with
those of other scholars by complementing their findings and/or by
offering different appraisals. The author adopts an
inter-disciplinary approach that overcomes the 'silo-like
compartmentalization' of fields of study. The said approach enables
us to reach a better understanding of the complex reality of
progress (or regression) in various domains.
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