Author:Hoffman, J.
Title:Maintaining the roots of economic development in an era of globalized production
Journal:Futures
1997 : NOV, VOL. 29:9, p. 811-826
Index terms:FUTURE
ECONOMICS
DEVELOPMENT
Language:eng
Abstract:The globalization of economic activity is being driven by market processes. The market based indicators used to measure its progress mask serious and wide-spread economic problems that also undermine our economic future. Alternative indicators, designed to give a more accurate reading of our economic well being, are being developed, but more work and wider acceptance of the concepts are needed. An examination of economic theory reveals that there is no basis for the claims that market based guideposts and decision making lead to inherently superior results.
SCIMA record nr: 165692
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