World Economic Crisis, Responsibility of Scientists and Drivers of Economic Science Development

Authors

Abstract

The article analyzes some tendencies in the development of economic science for the previous 20 years, which impact on outbreak of the economic crisis and its further deepening cannot be denied. The authors are convinced that preventing of such deep future crises requires sustainable development of the society which is to be supported by the science community. Sustainable development means that the society is to follow a development trajectory based on principles of justice, respect and responsibility to variety of the present and to opportunities of the future life. Transformation to sustainable development of the society needs appropriate measurement instruments as, for instance, macroeconomic indices of sustainable welfare proposed by the Nobel Prize winner James Tobin. The recent economic science history shows that neither academic school should keep a monopole position. Pluralism and respect between the mayor disciplines modeling both real and financial dimensions of economic life should be reestablished.

Keywords:

world economic crisis, sustainable development of the society, responsibility of scientists, indices of sustainable welfare, drivers of economic science development

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Author Biographies

Кнут Курт Рихтер, European University Viadrina, Große Scharrnstrasse, 59, 15230, Frankfurt (Oder), Germany

доктор физико-математических наук, кандидат экономических наук, профессор, заведующий кафедрой промышленного менеджмента

Надежда Викторовна Пахомова, St. Petersburg State University, 7–9, Universitetskaya nab., St. Petersburg, 199034, Russian Federation

доктор экономических наук, профессор

References

Литература на русском языке

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Пахомова Н. В., Рихтер К. К. Экономика природопользования и экологический менеджмент: Учебник для вузов. СПб.: Изд-во С.-Петерб. ун-та. 1999. 499 с.

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References in Latin Alphabet

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Translation of references in Russian into English

Published

2009-09-30

How to Cite

Рихтер, К. К., & Пахомова, Н. В. (2009). World Economic Crisis, Responsibility of Scientists and Drivers of Economic Science Development. St Petersburg University Journal of Economic Studies, (3), 012–020. Retrieved from https://economicsjournal.spbu.ru/article/view/3405

Issue

Section

The Global Financial and Economic Crisis: Causes and Consequences

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