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Economics is a discipline fundamentally concerned with effective coordination. In that way, its main concerns are very close to those of governance. Economics, like governance, has evolved considerably over the last half century. This book is a very modest attempt at gauging the relative importance of this tsunami and the way in which it might indicate what will be its future. A Future for Economics proposes the reflections on this general theme by eight senior members of the economics profession who have all taught at some time in the Department of Economics at Carleton University in Ottawa a department that has always been known for its intellectual temerity and for its interest in extending the scope of economics beyond its traditional boundaries. The Carleton sample of economists who share their views here have practiced in different sub-fields of economics, and have chosen to articulate their views and experiences in very different ways. But their collective experience reflects a broad exposure to the ways in which the discipline has evolved both in academic circles and in the various organizations and institutions where they have practiced their profession in Canada and abroad.
The case studies contained in this book show real life examples of complex problems being addressed through collaboration. The problems confronting modern society are complex and do not lend themselves to simple solutions or linear decision making. They require the involvement of many stakeholders. This is often brought about by networks, which bring together a multitude of players in the search for solutions to public policy issues. This can be challenging, as differing viewpoints and personalities, and often conflicting interests need to be acknowledged and reconciled. Yet without the involvement of all interested parties, solutions that emerge will likely be partial, distorted, and short-lived. The cases span a broad spectrum, including issues of poverty reduction, criminal gang reduction, environmental reparation, economic development for First Nations, building age-friendly communities, and co-management of fisheries.
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