Human and institutional aspects in the adjustment-growth programs for Mediterranean developing countries

Abstract

Among the economists and in the business community of the Western countries a new area of economics is now gaining momentum: ethics economics. It seems appropriate to consider the ethic point of view of economic matters, not only in market economy, but also in public economy and in economic policy; not only in national economic issues but also in international economics. The ethic point of view of economics is now gradually and increasingly entering the World Bank philosophy of adjustment and growth. I believe that it should also increasingly enter in the view of the European Union as for the relation between the developed countries belonging to EU of Europe and the less developed which belong to the surrounding area: as the Mediterranean countries, which from Slovenia to Turkey, to Malta, to Cyprus, to the African side of the Mediterranean sea and to the Middle East countries are partners of the "Mediterranean projects" together with the four EU countries overlooking on this sea (Spain, France, Italy, Greece). [excerpt]