What Does Progress Mean? A Temptative Answer Following a Classical Approach
Marcella Corsi () and
Giulio Guarini ()
No 09-13.RS, DULBEA Working Papers from ULB -- Universite Libre de Bruxelles
The purpose of our paper is to propose a definition of progress based on the relationship between economic development and civil development, according to the lesson of Classical authors, especially Adam Smith. Firstly, we analyze the interaction between economic development and civil development, in a circular cumulative causation, and the various causal relationships between these two elements. Secondly, we propose a synthetic index of progress, which on the one hand takes account of the different components of development (social, civil, economic and ecological) and on the other hand is based on the concept of ‘social sustainability’ of progress, defined as balanced improvement of all its dimensions.
Keywords: Economic development; civil development; local development; social sustainability (search for similar items in EconPapers)
JEL-codes: A11 A13 (search for similar items in EconPapers)
Pages: 28 p.
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