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Concept information

... > contexts > population characteristics > socioeconomic factors > poverty > causes of poverty > economic liberalization
... > contexts > population characteristics > socioeconomic factors > poverty > politics and poverty > economic liberalization

Preferred term

economic liberalization  

Definition(s)

  • Economic liberalization is a complex concept, often incompletely understood and sometimes used pejoratively to describe a lamentable spread of global capitalism and demolition of the proactive welfare state. It has its roots in the theory of classical liberalism associated with the philosophies of Adam Smith, John Locke, Jean-Baptiste Say, Thomas Malthus, and David Ricardo, who draw on the understanding of individual liberty, natural law, and utilitarianism as driving forces of economic and social progress. [Source: The SAGE Encyclopedia of World Poverty; Economic Liberalization]

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URI

http://data.loterre.fr/ark:/67375/N9J-W2S5DK3P-S

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