Development Beyond Economism: Local Paths to Sustainable Development by Hazel Henderson

Development Beyond Economism: Local Paths to Sustainable Development

byHazel Henderson, Hildegarde Hannum

Kobo ebook | October 25, 1989

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The collection of lectures and publications from the Schumacher Center for a New Economics represents some of the foremost voices on a new economics.

Hazel Henderson evaluates the need for a broader definition of economic development, one which measures progress and prosperity by social as well as by traditional econometric measures. "Guiding societies by today's over-aggregated indices is like trying to fly a Boeing 747 with a single oil pressure gauge! The social indicators debate is about disaggregation, revealing overlooked detail, locally and sectorally, and adding a whole row of additional gauges to . . . societies' 'instrument panels' so as to plug feedback into decision-making with more precision and timeliness." Henderson describes her experiences in developing countries that are trying to act independently of "Eurocentric industrial development theorists" in order to gauge economic progress more accurately and respond to their countries' real needs.

Title:Development Beyond Economism: Local Paths to Sustainable DevelopmentFormat:Kobo ebookPublished:October 25, 1989Publisher:Schumacher Center for a New EconomicsLanguage:English

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