The State of Economics, the State of the World
This paper, based on the introductory remarks made at the two-day conference on "The State of the Economy, the State of the World," is an idiosyncratic stocktaking of the trajectory of economics from Adam Smith to contemporary times, with special attention to the rise of development economics. Given the challenges faced by the global economy in recent times, and especially since 2008, it is time for a serious evaluation of economics for policy making. The paper comments on some potential themes and ideas that motivated the conference and formed the basis of discussions and debate. This is done keeping in mind the nature of knowledge engagement the World Bank Group is expected to have with the world.
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Format: | Working Paper biblioteca |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2016-09-12
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Subjects: | economic theory, Adam Smith, development economics, global economy, policy making, economics discipline, economic thought, economic history, normative economics, Keynes, climate change, monetary policy, politics, |
Online Access: | http://documents.worldbank.org/curated/en/2016/09/26781202/state-economics-state-world https://hdl.handle.net/10986/25120 |
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Summary: | This paper, based on the introductory
remarks made at the two-day conference on "The State of
the Economy, the State of the World," is an
idiosyncratic stocktaking of the trajectory of economics
from Adam Smith to contemporary times, with special
attention to the rise of development economics. Given the
challenges faced by the global economy in recent times, and
especially since 2008, it is time for a serious evaluation
of economics for policy making. The paper comments on some
potential themes and ideas that motivated the conference and
formed the basis of discussions and debate. This is done
keeping in mind the nature of knowledge engagement the World
Bank Group is expected to have with the world. |
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