There is now a considerable body of literature on decentralization in diverse national contexts. Ascertaining factors that drive local accountability and performance have been the key concerns of these studies. Diverse ethodological instruments and approaches have been used—from large-n...

The path to a diverse, wealthy, fair, just, and peaceful society.Replacing socialism, capitalism, and all variations, offering the first science-based, ideological, and sociological structure, with supporting economic and social policy to enable improved life experience for all citizens.Only...

Finance has become more a problem than a solution to what the world most wants: socially inclusive growth. It has become a source of crises that threaten the development of the real economy. It has escaped accountability to democratic institutions and often helped, instead, to influence and...

Going beyond the deeply examined non-distribution constraint, which refers to the right to residual income, the paper investigates the other side of ownership, i.e. the right to residual control, to discover a general economic rationale for what we call “democracy”: a collective...

This article offers insights into the eurozone, one of the most challenging experiments toward market and political integration through a single monetary unit — namely, the euro. However, whereas markets might be fully integrated even without a common European currency, the euro and its...

The paper deals with the issue of lobbying, defined as a democratic means of promoting interests. The text tries to find answers to the problems in the current economic theory. The basic links are defined by using a simple graphic model, which are further examined by the SWOT analysis. The...

This paper examines theses of Amartya Sen and Martha Nussbaum about the importance of pursuing goals of social justice through the capability approach. Are considered here the reasons of such a method, whose aim is to reach development of the capabilities of every human being. It is discussed...

This paper provides an empirical investigation of the “social capital” theories that link civil society and democracy. Using data from the Civil Society Index for 44 countries, we find that not only this relationship exists, but that civil society is also positively correlated with human...

Europe’s unique place in western political economy (previously defined by its commitment to social-democracy) has recently transformed through adherence to a model of development that sees the separation of politics from economics as integral to stability. This report attempts to trace the...

This paper considers and analyses theses about justice supported by Michael Sandel. The crucial problem concerns the connection between the definition of good for every individual and for a society, and if this good must be defined and pursued freely, or if it can be established by other...