New Book: Foundations of Economic Development – Goran Sumkoski


SOVEREIGN ECONOMIC DEVELOPMENT FOR ALL – Has an aim to ensure the principles of good, happiness, prosperity, accountability, participation in the economic institutions, governing, policies and administration of the sovereign state.

Sovereign economic development in a sovereign state is every possible economic development that ensures welfare, survival and betterment of the sovereign nation and is implemented equitably and seen as legitimate by the sovereign nation. While the Sovereign State is not prescriptive of the choice of the economic model, it develops the recognizable features that any equitable economic system should have in order to properly represent and uphold the essence, survival, and better life for the sovereign state as community of the ethnos, nation, people that have formed it.

The sovereign economic development doctrine based on the sovereign state doctrine, and that amalgamates both 1) philosophical, economic theory and ideological aspects of sovereign economy, with 2) the tried and time-tested practical application of economic principles, expertise, knowledge, platforms, tools and instruments of how to create conditions conducive to their flourishing for the benefit of the nation, providing fair and equitable economy for all.

Goal of this first textbook of the Sovereign Economic Doctrine series, The Foundations of the Economic Development, is to enable you to:

Define the Sovereign Economic Development model in relations to other development models; Understand origins, foundations and roots of economic development; Understand the need and necessity of sovereign economic development; Identify the elements that have passed the test of time and practice to be used as building blocks in Economic Development Doctrine and its implementation; Identify the entry points for implementing a Sovereign Economic Development; Define the objectives & stages of implementation of Economic Development Model for sovereign nations.

The Sovereign Economic Doctrine series begins with the first textbook laying down the theoretical foundations and embedding the Sovereign Economic Development Model in widest possible scientific and human knowledge and in the wider Social, State, Political, Human and National Development framework. The interdisciplinary nature of the economic development requires embedding the sovereign economic development doctrine in the deeper theories and practice of state, international relations, economics, philosophy, psychology, sociology and other disciplines that affect the way the people organize their way of life in general and in the economic sphere in particular.

The entire remaining chapters/books of the textbook focus on: Practical Skills in All Areas of Economic Development. Building on this, the course presents a comprehensive and wide range of practical areas of economic development interventions and its cross-cutting social, political and economic dimensions that the sovereign nation-states are using in the emerging multipolar world. The course is intended to equip the nation-states’ governments, public and private sector companies as well as emerging international cooperation bodies with vision, skills and tools to envision, strategize and operationalize their sovereign national economic development doctrines and plans

This book is intended for state officials, academia, businessmen and people

The knowledge of designing, implementing and operationalizing a sovereign equitable system is of essential importance for the nation-states from the Global South as an alternative to the neoliberal model, and equally important, for the West’s nation-states that after the end of the current financialization will be rebuilding their real economies again.

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