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- Title
Основи на съвременната икономика: Гунар Мюрдал, социалната държава и икономическото развитие.
- Authors
Егберт, Хенрик; Седларски, Теодор; Тодоров, Александър Б.
- Abstract
Gunnar Myrdal (1898-1987) is known for his contribution to the founding of the Swedish welfare state as it was set up in the 1930s. He supported this process through his scientific input, namely the application of an expansive fiscal policy and the implementation of social programs. Myrdal’s interdisciplinary study on the status of racial relations in the USA at the end of the 1930s showed a systematic discrimination of African Americans by the majority. The study contributed to the anti-segregation law that prohibited segregation according to race in public schools in the 1950s. Being the first Executive Secretary of the United Nations Economic Commission for Europe, he strived to keep communication intact between the Eastern and Western blocks through facilitating trade relations in the Cold War. Myrdal is most known for his impact on development theory. He was one of the first economists to address the topics of development, modernization, and integration of the newly set-up states after the Second World War. His development theory rejected the traditional neoclassical approach, which focused mainly on economic growth through capital accumulation and free trade. Instead, Myrdal stressed that reforms in developing countries must structurally transform the whole society and those institutions that hinder development. In Myrdal’s theory a strong state plays a central role in such transformations. Myrdal was also among the first who addressed endogenous problems of development. He (together with Hayek) received the Nobel Memorial Prize for Economics in 1974 for his work in the theory of money and his contributions to institutional analysis.
- Subjects
DISCRIMINATION (Sociology); NOBEL Prize in Economics; CAPITAL gains; CORPORATION secretaries; SOCIAL services; FISCAL policy; INSTITUTIONAL economics
- Publication
Ikonomiceski I Socialni Alternativi, 2022, Issue 3, p120
- ISSN
1314-6556
- Publication type
Article
- DOI
10.37075/ISA.2022.3.09