Romer's "Equal Opportunity" Development Model and Its Enlightenment

DOI

10.2991/ichess-19.2019.9How to use a DOI?

Keywords

John Romer; Equal Opportunity; Development model; Enlightenment

Abstract

John Romer, a professor on economic and political science at Yale university, a famous American economist, who proposed the " Equal Opportunity " development model in his pioneering exploration about where the society should go , in which " Equal Opportunity " is the kernel focusing on "self-realization, welfare equality, political influence, and social status" by "securities" mechanism including public ownership, market leading and state intervention, bank supervision and interaction with the enterprise, stock financial guiding income distribution’s innovative. This enlightens us that we should stick to market decisive role with government intervention in economy to reform and improve banking and financial institutions making use of stock financial market to ensure economic take-off and Shared Development.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Junfeng Xu
PY  - 2019/11
DA  - 2019/11
TI  - Romer's "Equal Opportunity" Development Model and Its Enlightenment
BT  - Proceedings of the 2nd International Conference on Humanities Education and Social Sciences (ICHESS 2019)
PB  - Atlantis Press
SP  - 44
EP  - 48
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichess-19.2019.9
DO  - 10.2991/ichess-19.2019.9
ID  - Xu2019/11
ER  -