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PLANNING FOR NATIONAL DEVELOPMENT: AN AGENDA GUIDED BY THE SOCIOECONOMIC SYSTEM'S SOCIAL PHILOSOPHY

Stanley C. W. Salvary ()

Macroeconomics from EconWPA

Abstract: Co-operation among members of the world community is highly desirable, since it would be a step in the right direction to alleviate some of the world's problems. However, the current discussions on the harmonization of socio-economic systems and the globalization of trade goes beyond mere suggestions to the position that such a development is imminent and highly beneficial to the world community. For many countries being able to trade voluntarily with any country is highly desirable, but having to transform one's way of life to one single mode of operation poses far greater problems than those that currently are being experienced. This paper maintains that institutionalized macroeconomic planning, which can produce positive benefits to any and all societies, is the path that should be followed.

Keywords: globalization of trade; confron tational competition; managed trade; institutionalized macroeconomic planning; national economic policy de cisions. (search for similar items in EconPapers)
JEL-codes: E (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac
Date: Written 2005-06-16
Note: Type of Document - pdf; pages: 24
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Handle: RePEc:wpa:wuwpma:0506011