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Market, Social Cohesion, and Democracy

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  • José Antonio Ocampo

Abstract

This paper offers three guiding principles for a better relationship between the economy and democracy: democracy as the extension of citizenship; democracy as diversity; and democracy as complementary to clear, strong macroeconomic rules. This view, it is argued, implies that economic and social institutions must be subject to democratic political choice. In this context, it analyses the role of both national and international institutions in improving the complementarity of the market, social cohesion and democracy. The central role of economic and social rights serves as the overarching framework for the analysis.

Suggested Citation

  • José Antonio Ocampo, 2006. "Market, Social Cohesion, and Democracy," Working Papers 9, United Nations, Department of Economics and Social Affairs.
    • Handle: RePEc:une:wpaper:9
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    File URL: http://www.un.org/esa/desa/papers/2006/wp9_2006.pdf
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    References listed on IDEAS

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    1. Rudiger Dornbusch & Sebastian Edwards, 1991. "The Macroeconomics of Populism in Latin America," NBER Books, National Bureau of Economic Research, Inc, number dorn91-1.
    2. -, 2001. "Equity, development and citizenship: abridged edition," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2279 edited by Eclac.
    3. -, 1990. "Changing production patterns with social equity: the prime task of Latin American and Caribbean development in the 1990s," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37869 edited by Eclac.
    4. José Antonio Ocampo, 2005. "A Broad View of Macroeconomic Stability," Working Papers 1, United Nations, Department of Economics and Social Affairs.
    5. -, 1990. "Changing production patterns with social equity: the prime task of Latin American and Caribbean development in the 1990s," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37869 edited by Eclac.
    6. -, 2001. "Social dimensions of macroeconomic policy: report of the Executive Committee on Economic and Social Affairs of the United Nations," Series Históricas 7786, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. JosÈ Antonio Ocampo, 2002. "Rethinking the development agenda," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 26(3), pages 393-407, May.
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    Citations

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    Cited by:

    1. Isabel Ortiz, 2007. "Social Policy," Policy Notes 6, United Nations, Department of Economics and Social Affairs.
    2. Rania Antonopoulos & Francisco Cos-Montiel, 2007. "State, Difference, and Diversity: Toward a Path of Expanded Democracy and Gender Equality," Economics Working Paper Archive wp_493, Levy Economics Institute.
    3. Alexander Salhi & Andreas Kern & Martin Rößler, 2010. "Growth Patterns in the CIS-8: A Political Economy Approach," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 17(4), pages 686-708, December.
    4. Rania Antonopoulos, 2007. "The Right to a Job, the Right Types of Projects: Employment Guarantee Policies from a Gender Perspective," Economics Working Paper Archive wp_516, Levy Economics Institute.
    5. Ortiz, Isabel, 2007. "Politica Social [Social Policy]," MPRA Paper 35162, University Library of Munich, Germany.
    6. Rebecca Ray & Rohini Kamal, 2019. "Can South–South Cooperation Compete? The Development Bank of Latin America and the Islamic Development Bank," Development and Change, International Institute of Social Studies, vol. 50(1), pages 191-220, January.

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    More about this item

    Keywords

    citizenship; democracy; social cohesion; market economy; inequality; property rights;
    All these keywords.

    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • H4 - Public Economics - - Publicly Provided Goods
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • D6 - Microeconomics - - Welfare Economics
    • F02 - International Economics - - General - - - International Economic Order and Integration

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