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Public goods, global public goods and the common good

Author

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  • Séverine Deneulin
  • Nicholas Townsend

Abstract

Purpose - Public economics has recently introduced the concept of global public goods as a new category of public goods whose provision is central for promoting the well‐being of individuals in today's globalized world. The purpose of this paper is to examine the extent to which introducing this new concept in international development is helpful for understanding human well‐being enhancement. Design/methodology/approach - The paper considers some implications of the concept of the common good for international development. Findings - The concept of global public goods could be more effective if the conception of well‐being it assumes is broadened beyond the individual level. “Living well” or the “good life” does not dwell in individual lives only, but also in the lives of the communities which human beings form. A successful provision of global public goods depends on this recognition that the “good life” of the communities that people form is a constitutive component of the “good life” of individual human beings. Originality/value - The paper suggests that the rediscovery of the concept of the common good, and identification of how to nurture it, constitute one of the major tasks for development theory and policy.

Suggested Citation

  • Séverine Deneulin & Nicholas Townsend, 2007. "Public goods, global public goods and the common good," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(1/2), pages 19-36, January.
  • Handle: RePEc:eme:ijsepp:v:34:y:2007:i:1/2:p:19-36
    DOI: 10.1108/03068290710723345
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    Citations

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    Cited by:

    1. Cinzia Castiglioni & Edoardo Lozza & Albino Claudio Bosio, 2018. "Lay People Representations on the Common Good and Its Financial Provision," SAGE Open, , vol. 8(4), pages 21582440188, October.
    2. Sehee Han & Heaseung Kim & Eung-Sun Lee & Hee-Sun Lee, 2013. "The Contextual and Compositional Associations of Social Capital and Subjective Happiness: A Multilevel Analysis from Seoul, South Korea," Journal of Happiness Studies, Springer, vol. 14(4), pages 1183-1200, August.
    3. Leonardo Becchetti & Fabio Pisani, 2014. "Family Economic Well-Being, and (Class) Relative Wealth: An Empirical Analysis of Life Satisfaction of Secondary School Students in Three Italian Cities," Journal of Happiness Studies, Springer, vol. 15(3), pages 503-525, June.
    4. Leonardo Becchetti & Fabio Pisani, 2012. "Family money, relational life and (class) relative wealth:an empirical analysis on life satisfaction of secondary school students," Econometica Working Papers wp35, Econometica.
    5. Pesci, Caterina & Costa, Ericka & Andreaus, Michele, 2020. "Using accountability to shape the common good," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 67.
    6. Victoria Ateca-Amestoy & Alexandra Aguilar & Ana Moro-Egido, 2014. "Social Interactions and Life Satisfaction: Evidence from Latin America," Journal of Happiness Studies, Springer, vol. 15(3), pages 527-554, June.
    7. Laura Camfield & Gina Crivello & Martin Woodhead, 2009. "Wellbeing Research in Developing Countries: Reviewing the Role of Qualitative Methods," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 90(1), pages 5-31, January.
    8. Franco, Daniel, 2012. "Beni comuni, beni pubblici e risorse ambientali: il ruolo dell’azione collettiva [Public goods, common goods and natural resources: the role of the collective action]," MPRA Paper 52357, University Library of Munich, Germany, revised Mar 2012.
    9. J. Cramm & V. Møller & A. Nieboer, 2012. "Individual- and Neighbourhood-Level Indicators of Subjective Well-Being in a Small and Poor Eastern Cape Township: The Effect of Health, Social Capital, Marital Status, and Income," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 105(3), pages 581-593, February.
    10. Fernande W. Pool, 2020. "Development Within a Religious Ontology? The Argument from Islamic Dharma," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(4), pages 1038-1056, September.
    11. Alessio Faccia & Leonardo José Mataruna-Dos-Santos & Hussein Munoz Helù & Daniel Range, 2020. "Measuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspective," Sustainability, MDPI, vol. 12(23), pages 1-13, November.

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