Economics as a Political Economy? Theoretical and Policy Constraints on the Comprehension of Political Institutions by Mainstream Economics
Langue
en
Communication dans un congrès
Ce document a été publié dans
2014, Paris.
Résumé en anglais
The paper argues that it is impossible for current mainstream economics to fully integrate political institutions and mechanisms and therefore the various modalities of impacts of these political phenomena on economic ...Lire la suite >
The paper argues that it is impossible for current mainstream economics to fully integrate political institutions and mechanisms and therefore the various modalities of impacts of these political phenomena on economic processes and outcomes, as well as, symmetrically, the impact of economic processes on political phenomena. With reference to the perspective of the economics of development, the paper demonstrates this argument via two points: firstly a theoretical impossibility due to the inherent composite character non-quantifiability, instability and polysemy of institutional (political) concepts, and secondly, in terms of policy, the irrelevance of national political institutions for policies inspired by the neoclassical framework (notably its ‘Washington consensus’ variants).< Réduire
Mots clés en anglais
Economie politique
theorie des institutions
démocratie
développement économique
Origine
Importé de halUnités de recherche