Solidarity Economics, Entrepreneurship, and Social Wealth

This chapter deals with how the socioeconomics of solidarity inserted in the Industry 4.0 can bring about solidarity and the creation of social and economic wealth based on the guiding principles of subsidiarity, the search for the common good, and solidarity based on social justice. After having grounded these principles, the author develops different solidarity-based public policies, mainly focused on the European Union, by including principles, objectives, and stages of the European ODA (Official Development Aid), the European Development Fund, the Common Framework for Joint Multiannual Programming and Efficiency, and the European Consensus on Development “Our World, Our Dignity, Our Future.” Some ideas complement this analysis linked to the socioeconomics of solidarity that focuses on solidarity and justice to search for a more balanced business world defined by social welfare and economic wealth.

Socioeconomics of Solidarity

This work deals with the Socioeconomics of Solidarity analyzed from a double public and private perspectives. The chapter begins with the guiding principles of this emerging economic thought based on the principle of subsidiarity, the search for the Common Good, and the necessary solidarity based on justice. After having grounded these principles, the author develops different solidarity-based public policies, mainly focused on the European Union, by including principles, objectives and stages of the European Official Development Aid, the European Development Fund, and the Common Framework for Joint Multiannual Programming and Efficiency. This analysis is complemented with the ideas rooted on the Socioeconomics of Solidarity that is analyzed following a private perspective, arguing that it is necessary to re-launch these School of Thought based on solidarity and justice to search for an economic world characterized by social welfare and economic wealth.

Innovation system foresight and systemic innovation for the overseas countries and territories

Purpose The purpose of this paper is to describe through innovation system foresight and systemic innovation approach to address key systemic issues of European Union (EU) Overseas Countries and Territories (OCTs) concerning the sustainable development and economic resilience: the authors highlight the need for a systemic approach to innovation policy for the sustainable islands’ growth. Design/methodology/approach This research focuses on a multiple case study of selected OCTs, members of the Association of the OCTs. Specifically, this paper illustrates the foresight approach implemented in six OCTs in the context of the Territorial Strategies for Innovation project funded by the 10th European Development Fund. Findings The focus is on innovation system foresight and systemic innovation: the authors argue that key innovation elements of the individual OCTs can be used as crucial components of an emerging innovation system while this specific type of foresight can assist the governments of respective OCTs in the selection and design of specific instruments in relation to the formulation of their innovation strategies and policies. Originality/value This paper is based on work undertaken by the Territorial Strategies for Innovation project team during a three-year period dedicated to supporting the governments of OCTs both in defining and in implementing their innovation strategies. Its main contribution is to develop the concept of innovation system foresight and systemic innovation for the OCTs. The work presented here is considered to be of value by highlighting specific innovation elements for achieving sustainable and inclusive growth in OCTs.

Socioeconomics of Solidarity

This work deals with the Socioeconomics of Solidarity analyzed from a double public and private perspectives. The chapter begins with the guiding principles of this emerging economic thought based on the principle of subsidiarity, the search for the Common Good, and the necessary solidarity based on justice. After having grounded these principles, the author develops different solidarity-based public policies, mainly focused on the European Union, by including principles, objectives and stages of the European Official Development Aid, the European Development Fund, and the Common Framework for Joint Multiannual Programming and Efficiency. This analysis is complemented with the ideas rooted on the Socioeconomics of Solidarity that is analyzed following a private perspective, arguing that it is necessary to re-launch these School of Thought based on solidarity and justice to search for an economic world characterized by social welfare and economic wealth.

Economic focus aids Eritrean diplomatic rehabilitation

Subject Eritrea's diplomatic re-engagement. Significance Eritrea and the EU this month are expected to sign a new aid package under the 11th European Development Fund (EDF). The EU's push to take a more comprehensive approach to an exodus of migrants from Eritrea comes amid a spike in migrant deaths in the Mediterranean during April. For its part, Asmara's stance has evolved significantly since it was criticised for a slow and callous response to the death of more than 300 Eritreans off the Italian coast in 2013. The government is working to take advantage of EU momentum to divert the focus away from political issues and towards economic factors. Impacts EU relations may improve, but Eritrea will continue facing difficulties in the UN and with the United States. Ethiopia is not threatened militarily by Eritrea but prefers Asmara to remain isolated, and will work against lifting UN sanctions. Recent diplomatic visits with Saudi Arabia and Egypt suggest that Eritrea may be able to leverage its proximity to insecurity in Yemen.