"The economist as such does not advocate criteria of optimality. He may invent them. He will discuss their pros and cons, sometimes before but preferably after trying out their implications. He may also draw attention to situations where allover objectives, such as productive efficiency, can be served in a decentralized manner by particularized criteria, such as profit maximization. But the ultimate choice is made, usually only implicitly and not always consistently, by the procedures of decision making inherent in the institutions, laws and customs of society.
A wide range of professional competences enters into the preparation and deliberation of these decisions. To the extent that the economist takes part in this decisive phase, he does so in a double role, as economist, and as a citizen of his polity: local polity, national polity, or world polity."
CONCEPTS OF OPTIMALITY AND THEIR USES Nobel Memorial Lecture, December 11, 1975
From an analytical perspective, attainmemtn of Sustainable Develeopment Goals calls for Pareto-Koopmans-efficient solutions. Delivering on UN Agenda 2030 for Sustainable Development we developed an interactive-iterative policy evaluation system for monitoring progress made towards achievement of SDGs to ensure policy coherence. As a first and modest step towards developing economic theory more in tune with the reequireents of our global age, we propose a way of measuring such multidimensional concepts, thus making it possible to evaluate how policymakers succeed (or fail) in their starvings for the betterment of the lives of their future generations.
Clearly, the international frameworks for sustainable development are poorly developed. Attaining sustainable development is conditional on the ability to form multidisciplinary and crosscutting global partnerships, tapping into the knowledge and commitment of the international development community—particularly the WTO, ITC, UNCTAD, UNEP, ILO, UNECE, and other UN Agencies and international organizations based in Geneva. In partnership with the World Bank, IMF, OECD, and other multilateral international organizations, Geneva is best-placed for providing a new forum where Global Decision Makers may dialogue on key policy issues and monitor the performance of nations toward agreed international agendas.
"The whole world is informed of the great success with which the oratory of the pulpit is cultivated at Geneva; but, being too much used to hear divines preach one thing, and see them practice another, few people have an opportunity to know how far the true spirit of Christianity, holiness of manners, severity with regard to themselves and indulgence to their neighbors, prevail throughout the whole body of our ministers.
It is, perhaps, in the power of the city of Geneva alone to produce an edifying example of so perfect a union subsisting between its clergy and men of letters. And it is in great degree, on their wisdom, their known moderation, and on their zeal for the prosperity of the State that I build my hopes of its constant and perpetual tranquillity."
dedicated to the state of Geneva in 1754
Jean-Jacques Rousseau
