research proposal related to economics

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• Prof. Esther Duflo
• Prof. Benjamin Olken

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• Developmental Economics
• Microeconomics

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Development economics, research proposal.

The maximum length of the write-up should be 3 pages single-spaced (but less is fine). The goal of this research proposal is to give you a “jump start” on working on a topic that you could (ideally) work on for your second-year paper (or a future paper for your dissertation). If you are in the second year, it is okay for you to talk about the topic that you will be working on for your second-year paper. It should be development though… (but as you know development is a big tent). 

You can co-author the proposal with any student(s) in the program. However, we would like to  see as many proposals as people in the class. 

Note that the deadline is the last possible date that we are allowed to accept assignments under end  of term regulations, so we will not be able to provide extensions. Please therefore budget your time wisely. 

The proposal should include 

•  A clear statement of your research question       
• Brief motivation of your research question       a. Why is this question important?        b. What is the policy implication?        c. What (if any) economic theory it is testing? 
• (Short) Review of the relevant theoretical and/or empirical literature. 
• Description of your proposed empirical strategy and proposed (realistic) data sources.        a. You can propose an RCT where you’d collect the data, as long as it is realistic for a PhD student (not necessarily in the scope of a second year paper).        b. If you project is empirical, write-out clearly and in detail what are the proposed        regression specifications.  
• Clear discussion of your contribution to the prior literature.       
• Clear discussion of what challenges you expect to encounter. 

Think of this project as the shell of a research paper that contains everything but your findings: you will motivate the question; place it in the literature; and lay out your data sources (if any) and your research design. We do not expect to see any preliminary results (for empirical papers) or fully fledged model (for theory paper).

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• Knowledge Base
• Starting the research process
• How to Write a Research Proposal | Examples & Templates

How to Write a Research Proposal | Examples & Templates

Published on October 12, 2022 by Shona McCombes and Tegan George. Revised on November 21, 2023.

A research proposal describes what you will investigate, why it’s important, and how you will conduct your research.

The format of a research proposal varies between fields, but most proposals will contain at least these elements:

Introduction

Literature review.

• Research design

Reference list

While the sections may vary, the overall objective is always the same. A research proposal serves as a blueprint and guide for your research plan, helping you get organized and feel confident in the path forward you choose to take.

Table of contents

Research proposal purpose, research proposal examples, research design and methods, contribution to knowledge, research schedule, other interesting articles, frequently asked questions about research proposals.

Academics often have to write research proposals to get funding for their projects. As a student, you might have to write a research proposal as part of a grad school application , or prior to starting your thesis or dissertation .

In addition to helping you figure out what your research can look like, a proposal can also serve to demonstrate why your project is worth pursuing to a funder, educational institution, or supervisor.

Research proposal length

The length of a research proposal can vary quite a bit. A bachelor’s or master’s thesis proposal can be just a few pages, while proposals for PhD dissertations or research funding are usually much longer and more detailed. Your supervisor can help you determine the best length for your work.

One trick to get started is to think of your proposal’s structure as a shorter version of your thesis or dissertation , only without the results , conclusion and discussion sections.

Download our research proposal template

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See an example

Writing a research proposal can be quite challenging, but a good starting point could be to look at some examples. We’ve included a few for you below.

• Example research proposal #1: “A Conceptual Framework for Scheduling Constraint Management”
• Example research proposal #2: “Medical Students as Mediators of Change in Tobacco Use”

Like your dissertation or thesis, the proposal will usually have a title page that includes:

• The proposed title of your project
• Your supervisor’s name
• Your institution and department

The first part of your proposal is the initial pitch for your project. Make sure it succinctly explains what you want to do and why.

Your introduction should:

• Introduce your topic
• Give necessary background and context
• Outline your  problem statement  and research questions

To guide your introduction , include information about:

• Who could have an interest in the topic (e.g., scientists, policymakers)
• How much is already known about the topic
• What is missing from this current knowledge
• What new insights your research will contribute
• Why you believe this research is worth doing

As you get started, it’s important to demonstrate that you’re familiar with the most important research on your topic. A strong literature review  shows your reader that your project has a solid foundation in existing knowledge or theory. It also shows that you’re not simply repeating what other people have already done or said, but rather using existing research as a jumping-off point for your own.

In this section, share exactly how your project will contribute to ongoing conversations in the field by:

• Comparing and contrasting the main theories, methods, and debates
• Examining the strengths and weaknesses of different approaches
• Explaining how will you build on, challenge, or synthesize prior scholarship

Following the literature review, restate your main  objectives . This brings the focus back to your own project. Next, your research design or methodology section will describe your overall approach, and the practical steps you will take to answer your research questions.

To finish your proposal on a strong note, explore the potential implications of your research for your field. Emphasize again what you aim to contribute and why it matters.

For example, your results might have implications for:

• Improving best practices
• Informing policymaking decisions
• Strengthening a theory or model
• Challenging popular or scientific beliefs
• Creating a basis for future research

Last but not least, your research proposal must include correct citations for every source you have used, compiled in a reference list . To create citations quickly and easily, you can use our free APA citation generator .

Some institutions or funders require a detailed timeline of the project, asking you to forecast what you will do at each stage and how long it may take. While not always required, be sure to check the requirements of your project.

Here’s an example schedule to help you get started. You can also download a template at the button below.

Download our research schedule template

If you are applying for research funding, chances are you will have to include a detailed budget. This shows your estimates of how much each part of your project will cost.

Make sure to check what type of costs the funding body will agree to cover. For each item, include:

• Cost : exactly how much money do you need?
• Justification : why is this cost necessary to complete the research?
• Source : how did you calculate the amount?

To determine your budget, think about:

• Travel costs : do you need to go somewhere to collect your data? How will you get there, and how much time will you need? What will you do there (e.g., interviews, archival research)?
• Materials : do you need access to any tools or technologies?
• Help : do you need to hire any research assistants for the project? What will they do, and how much will you pay them?

If you want to know more about the research process , methodology , research bias , or statistics , make sure to check out some of our other articles with explanations and examples.

Methodology

• Sampling methods
• Simple random sampling
• Stratified sampling
• Cluster sampling
• Likert scales
• Reproducibility

 Statistics

• Null hypothesis
• Statistical power
• Probability distribution
• Effect size
• Poisson distribution

Research bias

• Optimism bias
• Cognitive bias
• Implicit bias
• Hawthorne effect
• Anchoring bias
• Explicit bias

Once you’ve decided on your research objectives , you need to explain them in your paper, at the end of your problem statement .

Keep your research objectives clear and concise, and use appropriate verbs to accurately convey the work that you will carry out for each one.

I will compare …

A research aim is a broad statement indicating the general purpose of your research project. It should appear in your introduction at the end of your problem statement , before your research objectives.

Research objectives are more specific than your research aim. They indicate the specific ways you’ll address the overarching aim.

A PhD, which is short for philosophiae doctor (doctor of philosophy in Latin), is the highest university degree that can be obtained. In a PhD, students spend 3–5 years writing a dissertation , which aims to make a significant, original contribution to current knowledge.

A PhD is intended to prepare students for a career as a researcher, whether that be in academia, the public sector, or the private sector.

A master’s is a 1- or 2-year graduate degree that can prepare you for a variety of careers.

All master’s involve graduate-level coursework. Some are research-intensive and intend to prepare students for further study in a PhD; these usually require their students to write a master’s thesis . Others focus on professional training for a specific career.

Critical thinking refers to the ability to evaluate information and to be aware of biases or assumptions, including your own.

Like information literacy , it involves evaluating arguments, identifying and solving problems in an objective and systematic way, and clearly communicating your ideas.

The best way to remember the difference between a research plan and a research proposal is that they have fundamentally different audiences. A research plan helps you, the researcher, organize your thoughts. On the other hand, a dissertation proposal or research proposal aims to convince others (e.g., a supervisor, a funding body, or a dissertation committee) that your research topic is relevant and worthy of being conducted.

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School of Economics

Writing a research proposal.

Developing a research proposal is a necessary part of the application process it:

• provides a basis for decision-making;
• helps to make sure that you get the most appropriate supervisor for your research.

Your research proposal does not commit you to researching in a specific area if your application is successful. 

Following a successful application, you need to provide a more comprehensive proposal which will be useful reference as your research develops.

How to write a research proposal

Organise your proposal should around a small set of ideas or hypotheses that you would like to investigate. Provide some evidence of relevant background reading if possible.

A typical research proposal might look something like this:

• Rationale for the research project, including: a description of the phenomenon of interest, and the context(s) and situation in which you think the research will take place; an explanation of why the topic is of interest to the author; and an outline of the reasons why the topic should be of interest to research and/ or practice (the 'so what?' question); a statement of how the research fits in with that of potential supervisor(s) in the School of Economics.
• Issues and initial research question. Within the phenomenon of interest: what issue(s) do you intend to investigate? (This may be quite imprecise at the application stage); what might be some of the key literatures that might inform the issues (again, indicative at the application stage); and, as precisely as you can, what is the question you are trying to answer?
• Intended methodology: How do you think you might go about answering the question? Do you have a preference for using quantitative methods such as survey based research, or for qualitative methods such as interviews and observation?
• Expected outcomes: how do you think the research might add to existing knowledge; what might it enable organisations or interested parties to do differently?
• Timetable: What is your initial estimation of the timetable of the dissertation? When will each of the key stages start and finish (refining proposal; literature review; developing research methods; fieldwork; analysis; writing the draft; final submission). There are likely to overlaps between the stages.

An initial research proposal that forms part of a PhD application should be between 600 and 1,000 words in length.

• Department of Economics
• Postgraduate study
• PhD Programme in Economics
• How to apply

Research proposal

How to write your research proposal.

Your research proposal is an essential component of your application, regardless of whether you are self-funded or seeking a studentship. Please adhere to the provided guidelines to ensure its proper preparation.

Why is your research proposal essential and what purpose does it serve?

• The research proposal serves to determine your expertise to back your chosen research field, in terms of knowledge of the existing literature, and the mastering of theories, data and methodology suitable to develop your research project.
• It plays a significant role in evaluating your overall application.
• It is crucial to understand that the submitted research proposal is merely a starting point, as your ideas and proposed research are likely to evolve over time.
• Regarding its length, your research proposal should be within the range of 2,000 to 3,500 words (approximately 4 to 7 pages).
• Make sure to discuss your research proposal with an academic in our department before formally applying through the online system.

Template for your research proposal.

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School of Social Sciences

Writing your economics research proposal

If you are applying to the Economics postgraduate research programme, you will need to submit a research proposal with your application.

The nature of your proposal will depend on when you apply.

The role of the proposal

For entry into Year 1 of the programme, the proposal is used to:

• identify your broad areas of interest;
• see if you have consulted relevant literature beyond the standard textbooks;
• obtain an impression of your ability to think critically;
• assess what motivates you to pursue a research degree in economics.

Proposal guidelines

For entry into Year 1 of the programme, the research proposal is expected to include the following:

• The  research area  with which you would expect to be affiliated;
• The member(s) of staff you would like to provide supervision (this information is also requested in the online application form under ‘Proposed research supervisor’); You are strongly encouraged to contact a preferred supervisor in advance of submitting an application to get their input into developing your research proposal.
• A description of the area in which you expect your eventual research to be. This should describe possible research questions you might address, and describe why you find them interesting and relevant. In so doing, you should relate the possible research questions to the extant literature in this area of economics;
• You should identify and address any potential ethical considerations in relation to your proposed research. Please discuss your research with your proposed supervisor to see how best to progress your ideas in line with University of Manchester ethics guidance, and ensure that your proposed supervisor is happy for you to proceed with your application;
• A bibliography of any journal articles and books to which you have referred;
• No more than 1500 words.

If you are seeking entry into Year 2 you are expected to have more developed research ideas. Your proposal will be used to assess:

• the quality and originality of your ideas;
• whether you are able to think critically;
• if you have a grasp of the relevant literature.

It will also give us:

• important information about the perspectives you intend to take in your research area;
• how you fit into the Economic department’s research profile;
• an idea how to allocate a supervisory team.

For entry into Year 2 of the programme, the research proposal is expected to include the following:

• The member(s) of staff you would like to provide supervision (this information is also requested in the online application form under ‘Proposed research supervisor’); You are strongly encouraged to contact a preferred supervisor prior to submitting your application to get their input into your research proposal.
• A detailed description of the area in which you expect your eventual research to be. This should describe the specific research questions you plan to address, the research methods you expect to use, and the expected data source for any empirical work planned.

The proposal should also:

• Describe why you find these research questions interesting and relevant, and relate the specific research questions to the extant literature in this area of economics;
• You should identify and address any potential ethical considerations in relation to your proposed research. Please discuss your research with your proposed supervisor to see how best to progress your ideas in line with University of Manchester ethics guidance, and ensure that your proposed supervisor is happy for you to proceed with your application.
• Around 1500 words. In exceptional cases proposals significantly exceeding the word limit will be accepted.

The University uses electronic systems to detect plagiarism and other forms of academic malpractice and for assessment. All Humanities PhD programmes require the submission of a research proposal as part of the application process. The Doctoral Academy upholds the principle that where a candidate approaches the University with a project of study, this should be original. While it is understandable that research may arise out of previous studies, it is vital that your research proposal is not the subject of plagiarism.

Allocation of supervisors

For Year 1 entrants, the proposal is used to allocate a preliminary supervisor to act as mentor during the first year of study. This person will normally also act as a supervisor and may also become your MSc-dissertation supervisor. The exact composition of your supervisory team will be decided by the end of Year 1.

You will not be forced to follow the proposal exactly once you have started to study. It is normal for students to refine their original proposal over time.

With this in mind, the composition of your supervisory team may also change. Please note that members of staff are only expected to provide supervision in areas that are of interest to them and admittance to the programme does not imply the provision of supervision on any topic devised by the student.

Further information

• How to write a personal statement
• Economics research area groups
• Find an economics supervisor

If you need help and advice about your application, contact the Postgraduate Admissions Team.

Admissions contacts

University guidelines

You may also find it useful to read the advice and guidance on the University website about writing a proposal for your research degree application.

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Smart tips for a tip-top economics research proposal.

Economics is a subject that most students shy away from attributing a wide array of factors. Some would argue that the statistics and calculations behind it are tedious and boring, unlike other disciplines. That is why a business student would prefer looking for a sample research proposal in economics on the internet to get his/her assignment done.

However, you’d be surprised to know that you do not need a research proposal in economics example to complete your homework. What do you need then? Scroll down to unveil the secret you’ve been missing all this while.

What Is A Research Proposal Economics?

It is a gateway to the real research paper that performs the following functions:

• Summing up the nature of the proposed economic research
• Describing its context and details
• Showing the existing knowledge of economics

Unlike other papers written in college, this one is relatively short and won’t take up much of your writing time. A sample research proposal in economics gives you a chance to analyze the subject matter and its intended research before committing to work on it.

Economics Research Proposal Outline

Knowing how to write such a paper does not need a brilliant mind. All you need is to understand its structure, including all the sections and what each of them entails. So, before you settle down to start writing your economics research proposal, pause to think about the following:

What is your research going to be about? What is the relevance of the topic to you and society at large? How are you going to perform the research?

Once these three are in order, the next stage is to carry on with the writing. To excel in this second stage, you need to know the structure of this kind of paper. Despite the variations among different institutions on the economics research proposal structure, here is a standard guide:

• Introduction:

It is the first chapter after the title page that contains the section below:

• Background information to the problem.
• Statement of the problem
• Objectives of the study
• The research questions
• Significance and scope of the study
• Limitations of the study

The introduction is also referred to as the ‘why’ part of the proposal. It should also develop interest on the part of the reader through its currency and relevance.

• Literature Review

Review the existing literature on the economics topic you are handling while showing the link between the two. It would help if you did this chronologically – from the earliest to the latest material. The literature review also involves identifying the gaps left by other researchers.

• Methodology Section

This chapter indicates the type of research design you intend to use in your study. It would be best to analyze your research problem economics’ theoretical tools such as production and cost, demand and supply, and customer behavior, among others.

Depending on the type of research data method you choose to use (primary or secondary), this section may vary in length and structure.

It provides a summary of the deliberations above. The conclusion refers back to the original question and restating your proposed solution.

Your proposal might be rejected if: It presents an irrelevant or outdated topic The stated objectives don’t coincide with the methods You are not well knowledgeable in the field of study you have chosen

Look at the following sample writing ideas for an economics research proposal:

Health Economics Research Proposal Writing Prompts

• What are the rationale and economic justification of health insurance?
• Economic consequences of COVID-19 on the health sector
• How technological innovations in health have helped save costs
• The economic impact of cancer care and treatment
• An economic analysis of the healthcare policies in the US

Agricultural Economics Research Proposal Ideas

• An economic perspective of prioritizing agricultural activities
• Agricultural impacts and economic costs of lockdowns
• A review of the agricultural policy decision-makers on the economy
• An inquiry into the current challenges in agricultural economic modeling of GMOs
• Views on research priorities in agriculture economics and funding for innovations

Business Major Research Proposal Economics Topics

• The role of banks in maintain an economic equilibrium
• Accounting for customer competencies in emerging business enterprises
• Why corporate social responsibility is a crucial feature of any business that wants to succeed
• How to develop competitive intelligence in a recession period
• Exploring the influence of social media on the thriving of businesses
• How agricultural economies compare concerning operationalization and practice of engagement across different contexts

Research Proposal Behavioral Economics Ideas

• A behavioral economics perspective on what motivates consumers to buy
• How behavioral economics helps to reduce substance abuse
• How the behavioral economics theory fits into the modern world business
• The implications of big data on behavioral economics
• Ways in which discounting helps to shape behavioral economics
• Online purchase behavior economics in the 21st century
• Discuss the implications of pricing and the decoy effect

By now, you should be confident when your instructor presents with you an economics research paper. These guidelines should give you the mileage you need to write a research paper proposal example for your peers.

For professional writing assistance, our economics writers are on standby to help you. Contact us today!

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Research proposals

Writing a research proposal requires students to demonstrate a high level of knowledge and analytical thought. Students must choose a specific aspect of the course material to investigate, and ask an original question, which can increase their engagement and interest. This assesses students' understanding of the subject area, their capacity to perform a literature review, their evaluation of possible research tools, and their development of a research question. In addition, the course can require the student to carry out the project they propose, as another assessment task. Assessing the proposal as a separate task earlier in the year ensures the students are on a productive path, helps the students to plan their time, and can also deter academic misconduct by demonstrating authorship. Research-related assessments can support the students' later work on a dissertation.  This can be in terms of skills alone or both skills and content the research proposal informs the final-year dissertation.

Advantages of research proposals

Learning through research can lead to more engaged, critical and informed students than teaching by more didactic methods.

Learning about research methods can help students understand other courses more fully, and the 'nuts and bolts' of their discipline.

Becoming 'expert' in an area can increase students sense of autonomy in their learning, and can develop their confidence in articulating original arguments.

Developing a wider variety of types of writing and communication is useful for students' longer-term employability skills.

As a research proposal can be relatively short, it can be combined with peer feedback or presented in a different format such as a poster or an oral presentation.

Can be a good opportunity to introduce group work

Challenges of research proposals

Students more used to exams and essays may find a new format initially confusing.

Students may feel unsure of how to excel in this assessment method.

When students choose their own specific area to investigate, it carries the risk that the area will not be as productive as one pre-determined by their tutor as existing research literature on a topic may be sparse, for example.

How students might experience research proposals

Students may value the autonomy of creating a research proposal, and appreciate the insight it offers into their other courses, but experience anxiety at the novel assessment format. When students have undertaken specific, personal work, they can appreciate the opportunity of sharing their work with peers. LSE students in this situation report a sense of pride in their own and their cohort's work.

Reliability, validity, fairness and inclusivity of research proposals

As with any assessment, the learning outcomes of the course need to be well served by the method - setting clear criteria and communicating them with students. The weighting of the task also requires consideration. An essay may be a more substantial writing task, but a research proposal requires additional time to find relevant readings, and understand and evaluate research tools. If peers are expected to comment on one another's work, guidance on this should also be provided. As the projects will be varied, students may make more use of office hours or other one-to-one guidance from tutors. Students from educational backgrounds which do not prioritise 'original argument' may particularly struggle to understand what is required of them by an open-ended and personalised project. Putting students in contact with their relevant library liaison is another form of support for when they are locating material.

How to maintain and ensure rigour in research proposals

Research proposals should be marked and moderated in accordance with departmental practice. Criteria should be established in advance and shared with students. Research proposals can provide a chance to excel in one area and underperform in others (e.g. a strong original argument combined with weak use of sources) therefore a clear marking system should help keep students (and staff) working (and marking) in line with the expected outcomes. Individual markers should take steps to avoid the problems which affect batch marking, such as the 'halo' effect where one or two positive characteristics of a student overly influence the marker.

How to limit possible misconduct in research proposals

Possible misconduct is comparable to other written assessment methods. The requirement for students to select their own sub-topic to work on means that assistance from previous cohorts will be of less use. As it is a novel form of assessment, students will also be less able to find existing examples online. Requiring students to submit early stages of the project – for example, an area of interest, an early research question - will require students to demonstrate authorship (and also allow tutors to intervene in projects which appear off-topic). Final submissions can make use of Turnitin to check against other student submissions, and against other possible sources (for example, article abstracts).

LSE examples

SO221 Researching London: Methods for Social Research

AN298 Research Methods in Social Anthropology

MY428 Qualitative Text and Discourse Analysis

Further resources

Healey, M. and Jenkins, A. (2009) Developing undergraduate research and inquiry

https://www.heacademy.ac.uk/knowledge-hub/developing-undergraduate-research-and-inquiry

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• Essay on Wealth

Good Example Of Research Proposal On Economics

Type of paper: Research Proposal

Topic: Wealth , Distribution , Population , Information , Education , Finance , Study , Investment

Words: 1500

Published: 12/28/2020

ORDER PAPER LIKE THIS

Distribution of Wealth

Research Question The distribution of wealth is an elemental component of the determination of the equality or inequality of wealth within a population. Wealth is equated with the net worth or the sum total of the assets less the liabilities. As such, the wealth is a significant indicator of the economic situation and the well-being in the US, which is the focus population for this research. For this reason, this research seeks to answer the question; what is the status of the wealth distribution in the United States?

Significance of the Study

The types of the assets, which the households hold can be different across the distribution of the net worth. For this reason, the division of the total net worth into parts could provide insights into the well-being of every segment of the distribution. Since certain business cycles vary with time, the variations could have differential impacts on the wealth of the various groups and can facilitate the evaluation of the changes of the well-being for various households. As such, this study is significant because it provides the insights into the elements of the distribution of wealth in the United States and the impact of the differences to the economy of the country. This study is also important because it provides some of the reasons contributing to the status of the wealth distribution in the country in terms of the equality or inequality in distribution. This study is significant because it evaluates the changes in the relative wealth or net worth with time. Last, this study is elemental because it provides insights into the effects of the equality or inequality in the wealth distribution in the United States to the ways of life of individuals in the country.

The study hypothesizes a variety of aspects with reference to the background information on the wealth distribution in the country. For this reason, the following are the hypotheses for the study:

Hypothesis 1

The gap in the distribution of wealth between different households on the United States has accumulated more extremely since the period of the Great Depression.

Hypothesis 2

The distribution of wealth among the households in the country is based on the socio-economic factors of the households. Hypothesis 3 Race, age, Hispanic origin, and educational attainment are among the leading factors for the gap in the wealth distribution in the country.

The study will encompass a mixed methods approach in the collection and analysis of the data. The quantitative and qualitative elements of the study will be essential in the combination of the results and the data in evaluating and discussing the research question and hypotheses. The qualitative aspect will encompass the phenomenological component while the quantitative will include the statistical data on the same, including the percentages of the wealth distribution and the changes in the percentages over time. Data collection methods using the qualitative approach will encompass the secondary research materials from past studies on the distribution of wealth. The qualitative data analysis will encompass such avenues as the documentation, examining of the relationships and displaying the required data, and authenticating conclusions. On the other hand, the quantitative data analysis will encompass such elements as the tabulations.

Expected Findings

The expected findings are based on the background information and the trends of the gap in the wealth distribution in the country over the past few years. First, there is an anticipated wealth inequality in the country based on the findings. That is, the wealth distribution in the United States is expected to be unequal among the households. Second, the unequal wealth distribution and the gap between the highest or the wealthiest household and the lowest earning household are expected to be more than 25%. The gap in the wealth distribution among the household has also increased since the experience of the Great Depression, which is expected to be fueled by the changing or fluctuating economic conditions both locally and globally. Last, the social class forms the most significant element contributing the gap. The race, the age, the social status, political influence, and the educational attainment are the social aspects related to the wealth distribution.

Limitations

The first limitation of the study is the use of information from secondary sources. In most cases, it is possible to find that the information presented in some of the sources has been doctored to fit the preferences of the authors. The element of bias often affects the credibility of the information especially in cases where the authors want the set of data acquired from the field to suit certain hypotheses and preconceived conclusions. Secondly, the distribution of wealth is diverse and varied in terms of its applicability. Populations have different definitions of the term wealth and limiting the scope to income does not help much. In this context, it points to the distribution of income and financial assets among the population in a certain nation or region. However, it is important to note that the limited scope in terms of the definition is unfit because the population has some intangible wealth that cannot be quantified in terms of financial assets (Schneider 2004). For instance, the presence of a well-developed security system is an incentive for the accumulation of wealth. However, such services and incentives are not considered when measuring the distribution of wealth yet they play a critical role in the presence of wealth within the population.

Literature Review

Salas-Fumás& Sanchez-Asin (2013) carried out a longitudinal study in which they explored the role played by the presence of entrepreneurs in the creation and eventual distribution of wealth in a population. The authors assert that that the entrepreneurial level of a population is determined by the manner in which the nations has distributed its wealth and it influences the distribution of wealth in later years. Entrepreneurship is determined by the consumption and saving patterns of the populations such that lesser consumption and incremental saving increases the rate of investment. As the investments increase, a larger section of the population has the opportunity to generate access income, which leads to changes in the investment and saving patterns. In the end, investment will increase and create an opportunity for more people to access wealth or income. The cyclical effect is regarded as the management function of entrepreneurs given the role they play in the distribution of wealth. According to Linda Levine (2012), the distribution of wealth or net worth among the various households in a population has been an issue in various congressional deliberations. It also covers the social welfare and taxations given that taxes affect the rate at which investment takes place and the quality of services that the society receives from the government. Determining the mean and the median of the net worth of every household over a certain number of years can be used in the analysis of the change in the distribution of wealth in the population. The mean and the median are the fundamental variables used to measure the changes in the distribution of wealth in the population. As such, they can be used in the prediction of poverty levels based on the growing or declining ability of the society to save and invest in the economy. Calomiris, Longhofer, & Miles (2012) argue that the characteristics of the demographics of a nation have an effect on the distribution of wealth. Particularly, the authors argue that nations that have a higher number of young people have the tendency to be constrained in terms of the application of credit. On the other hand, states that have a larger adult population are characterized by higher income and asset stability and there is a higher rate of credit applications due to the improved ability to repay the borrowed capital. As such, age has an effect on the distribution of wealth in the sense that nations with a larger adult population have a better distribution of wealth than one in which, there are a higher number of youth. They are often seeking a form of generating income unlike most of the adults who have a variety of assets and raise the net worth of the population. Schneider (2004) also agrees that the consumption of wealth in terms of assets such as housing and stock also has an effect on the rate at which investment trickles back into the society, which has an effect on the distribution of wealth in the end.

Calomiris, C. W., Longhofer, S. D., & Miles, W. (2012). The Housing Wealth Effect: The Crucial Roles of Demographics, Wealth Distribution and Wealth Shares. Levine, L. (2012). An Analysis of the Distribution of Wealth Across Households, 1989-2010. Salas-Fumás, V., & Sanchez-Asin, J. J. (2013). The management function of entrepreneurs and countries’ productivity growth. Applied Economics. doi:10.1080/00036846.2012.663476 Schneider, M. (2004). The distribution of wealth. Cheltenham, UK: E. Elgar Pub.

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New Perspectives on Agricultural Economics, 2022-2026

The proposed initiative will involve four distinct research projects on different topics in agricultural economics. The topics will be selected each year on the basis of interests of ERS staff and some bearing on emerging or current policy issues. NBER research does not make policy recommendations, but provides background information and analysis that can inform policy decisions.

The proposed topic for the 2023 project is “Assessing the Distributional Impacts of Climate Change in the Agricultural Sector.” Climate change affects all aspects of the agricultural sector, from the production of food and fiber, through the choice of technology by producers, to the set of products that are available to consumers and the prices of those products. USDA is committed to understanding the consequences of climate change, as well as the impact of potential policy responses. Economic research on climate-related issues can advance this mission.

The 2023 project will focus on distributional impacts, because USDA is also committed to promoting equitable outcomes both in the impact of climate-related changes and in the design of policy responses. Doing so requires analysis and measurement of the effects of climate change in the agricultural sector on different groups in the population. These include producers and consumers, households in different income groups, racial and ethnic groups, those who live in different areas, and groups defined along other dimensions.

Investigator

Supported by the us department of agriculture grant #59-1000-2-0076, more from nber.

In addition to working papers , the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter , the NBER Digest , the Bulletin on Retirement and Disability , the Bulletin on Health , and the Bulletin on Entrepreneurship  — as well as online conference reports , video lectures , and interviews .

130 Excellent Economics Research Topics To Consider

Table of Contents

Are you an economics student searching for good topics for your research paper? If yes, then keep on reading this blog. To make the topic selection process easier for you, here we have suggested a list of the best economics research topics on various areas associated with the subject. In addition to that, we have also presented a brief overview of economics research paper topic selection and writing.

Quickly explore the entire list and choose any ideal topic for composing your economics thesis or dissertation.

Economics Research Paper Topic Selection and Writing

Have your professor asked you to submit an economics research paper? If yes, then topic selection is the first step you should do. In case, your supervisors had not suggested any research ideas, make sure to choose a unique economics research topic that you are interested in. The topic you choose should be understandable for you and your readers, and it should also have a wide research scope with the necessary information for crafting a comprehensive research paper or essay.

After you have selected a research topic for your economics assignment, sketch an outline with the research ideas that you have gathered. Then, with the help of the essay outline you have prepared, draft the research paper in a well-structured manner by including the essential elements such as the introduction, body, and conclusion.

The introduction paragraph of your research paper should have a catchy opening sentence, brief background information on the topic, and a strong thesis statement addressing the purpose of your research paper. After the introduction, in the body paragraphs, you should include innovative topic sentences and explain your arguments with supporting evidence in a way to persuade your reader. Then, you should finally close your research paper with an engaging conclusion that contains a brief summary of the main points.

List of the Best Economics Research Paper Topics

You may think that it is easy to choose a research topic for your economics research paper. But actually, it is not. As economics is a complex and broad subject, choosing a perfect research topic from it is a daunting task.

If you are asked to write an economics research paper or essay, then you can prefer to choose a topic from economics research areas such as macroeconomics, microeconomics, behavioral economics, agricultural economics, development economics, financial economics, and so on.

Here, we have sorted different categories of economics topics and have recommended a list of excellent economics research topic ideas for you to consider. Go through the entire list and pick a topic that is ideal for writing academic papers as per your instructor’s requirements.

Agricultural Economics Research Topics

• Farmer’s contribution to agricultural social capital.
• Agricultural economics and agribusiness.
• An analysis of economic efficiency in agriculture.
• Agricultural and resource economics.
• Agricultural economics and environmental considerations of biofuels.
• Analysis of food security and poverty status among households in Ehime Mbano
• Role of bank loans and credit facility in financing Nigerian agriculture sector: a case study of Nigeria agricultural cooperative and rural development bank
• Evaluation of the impact of micro-finance banks on the South African agriculture sector
• How poultry farming is becoming a veritable tool for the economic empowerment of South Africa?
• Critical analysis of the problems and prospects of agriculture financing in rural India

Behavioral Economics Research Paper Topics

• What does the economy of trust mean?
• How does the brain change when a person is striking a great deal?
• The impact of economic stability on the social life of a person
• The buying capacity and gender
• How does race relate to economic power?
• Big data and its implications for behavioral economics
• The impact of behavioral finance on investment decisions.
• Cognitive and behavioral theories in economics.
• Behavior implications of wealth and inequality.
• Using behavioral economics to help in reducing substance abuse

Development Economics Research Topics

• The relation between development and incentive for migration.
• The economic consequences of population growth in developing countries.
• The determinants of high-performing institutions in emerging economies
• The impact of globalization on income distribution in emerging economies
• The problems of tax and taxation in connection with economic growth.
• The economic impact of terrorism on developing markets.
• Investigate the relationship between family planning, labor force, and income fluctuations.
• The impact of natural disasters on the economy and political stability of emerging markets.
• Budgeting and decision-making by low-income earners in emerging economics
• The impact of multinational commodity trading through the development of economic perspective.
• Compare and contrast the impact of demand-pull inflation and cost-push inflation on a country’s economy
• Discuss the impact of multinational commodity trading through the perspective of development economics
• Discuss the concepts of mercantilism, linear stages of growth model, economic nationalism, and structural-change theory
• Investigate the relationship between unemployment and fluctuations in national income
• Compare and contrast the economic patterns of villages across Papua New Guinea

Environmental Economics Research Paper Topics

• Explain the energy markets’ economic potential.
• How does global warming affect economic growth?
• How technological advancement leads to economic growth
• Evolution of economic institutions concerning climate change
• Cost-benefit analysis of the regulation of the environment
• The economic perspectives of the distribution of natural resources across boundaries
• The relationship between financial subsidies and the generation of eco-friendly products
• Detailed analysis of the European Union Emission Trading System
• Why it’s important to analyze the economics of clean drinking water
• How wildlife protection affects the economy

Read more: Outstanding Environmental Science Topics for You to Consider

Financial Economics Research Topics

• Risk-taking by mutual funds as a response to incentives.
• Financial economics for infrastructure and fiscal policy.
• Managerial economics and financial accounting as a basis for business
• The analysis of the global financial crisis of 2020
• Stock market overreaction.

Health Economics Research Ideas

• How do chronic diseases affect the workforce and the economy?
• How can public hospitals optimize their revenue collection?
• The economics of the pharmaceutical industry
• How an unhealthy country translates into a poor country
• Is the world’s hunger affected by economics?
• How does perfect competition work in the pharmaceutical world?
• How does an infectious disease outbreak affect the economy?
• Is health insurance important?
• How is the economy affected by a smoking ban?

Research Paper Topics on International Trade

• What are the gains and losses of international trade for developing countries?
• The importance of international trade in developing countries
• The relationship between economic growth and international trade
• The impact of Brexit on small and middle businesses in the UK
• To what extent does a currency union affect trade?
• The roles of exchange rate and exchange rate regime in the US export.
• To what extent are the gains of less developed countries from trade liberalization exaggerated?
• Foreign direct investment in the United States: Determinants and impact
• The relationship between foreign direct investment and wages
• The effects of the banana crisis on the Jamaican and British economies

Macroeconomics Research Topics

• Global recession and factors that contribute to it.
• The relationship between Internet connectivity and productivity in the workplace.
• The relationship between economic growth and unemployment in your country.
• Income Dynamics and demographic economics.
• What should our government do to minimize the risks of future default?
• The connection between politics and economics.
• The world problems through macroeconomic analysis .
• US Market Liquidity and Macroeconomics.
• The structure, history, and activities of the World Bank.
• Economics of education in developing markets.
• Public policies and socio-economic disparities.
• Banks and their role in the economy.
• Problems and possible solutions for Japan macroeconomics.
• State regulation of the economy in foreign countries: main models of regulation.
• The effect of currency devaluation on small and medium firms
• A comparison of the United States unemployment to the rest of the world
• The relationship between common stock prices and inflation in your country.
• Macroeconomics and self-correction of the economy.
• Analysis of Africa’s macroeconomics and its performance.
• The implications of Internet banking on bank profitability.

Read more: Best Macroeconomics Research Topics and Ideas for Students

Microeconomics Research Topics

• Explain how competition influences the price.
• Opportunity costs explained from a microeconomics perspective
• Inflation sources and consequences explained
• The impact of demonetization on small and medium businesses
• The connection between the minimum wage and market equilibrium.
• Perfect competition in microeconomics
• Theories in microeconomics
• The effect of labor force participation on the economy and budget
• Economic inequality as a result of globalization.
• Explain the balance between supply and demand in microeconomics
• Dynamics of the Gini index as a reflection of the problem of inequality in income
• Privatization of Public Enterprises and its implications on economic policy and development
• How does the stock market work?
• The impact of game theory on economic development.
• The changes in oil prices: causes and solutions.
• Marketing uses in microeconomics.
• The economic explanation of political dishonesty.
• How company mergers and dissolutions impact the economy
• The role of tax collection agencies in microeconomics
• Different microeconomic models and how they face the effect of industry conditions

A Few More Microeconomics Research Ideas

• How exactly does Uber fit into the economy of trust?
• How does a person’s brain alter when they hit a big deal?
• missing practical human insights from big data and how this affects the economy.
• explaining how supply and demand are balanced in microeconomics
• Changes in economic institutions with regard to climate change
• Effects of greenhouses on economic growth
• Effects of climate change on economic growth
• Analysis of the European Union Emission Trading System in great detail
• Is resource management for waste scarce? A microeconomics explanation of opportunity costs
• Effects of wildlife protection on the economy

Interesting Economics Research Topics

• What role does entrepreneurship play in economic development?
• How do automation and artificial intelligence affect the labor market?
• Discuss the Economics of healthcare systems and policies in developing countries.
• Explain the effects of trade agreements on income distribution.
• How does foreign aid affect economic development?
• Explain the impact of monetary policy on financial markets and inflation.
• Discuss the effects of income inequality on social mobility.
• How does tax reform impact business investment?
• Explain the role of microfinance in alleviating poverty.
• How does behavioral economics impact personal savings habits?

Final Words

From the list of economics research topics recommended in this blog, choose any topic of your choice and craft a top-quality research paper or essay. It is not necessary that you need to use the suggested topic as it is, you can also modify the research topic and write your academic paper. In case, you are unsure how to select the right topic and write a persuasive economics research paper, get in touch with us immediately.

We have a team of professional writers who are experts in the field of economics to assist you in drafting a plagiarism-free economics research paper on the best topics as per your requirements on time. Moreover, by taking our economics assignment help service online, you can also submit flawless and well-structured research papers deserving of an A+ grade.

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The Bioethics-CSR Divide A Proposal for Bridging the Chasm

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Bioethics and Corporate Social Responsibility (CSR) were born out of similar concerns, such as the reaction to scandal and the restraint of irresponsible actions by individuals and organizations. However, these fields of knowledge are seldom explored together. This article attempts to explain the motives behind the gap between bioethics and CSR, while arguing that their shared agenda – combined with their contrasting principles and goals – suggests there is potential for fruitful dialogue that enables the actualization of bioethical agendas and provides a direction for CSR in health-related organizations.

INTRODUCTION

Bioethics and Corporate Social Responsibility (CSR) seem to be cut from the same cloth: the concern for human rights and the response to scandal. Both are tools for the governance of organizations, shaping how power flows and decisions are made. They have taken the shape of specialized committees, means of stakeholder inclusion at deliberative forums, compliance programs, and internal processes. It should be surprising, then, that these two fields of study and practice have developed separately, only recently re-approaching one another.

There have been displays of this reconnection both in academic and corporate spaces, with bioethics surfacing as part of the discourse of CSR and compliance initiatives. However, this is still a relatively timid effort. Even though the bioethics-CSR divide presents mostly reasonable explanations for this difficult relationship between the disciplines, current proposals suggest there is much to be gained from a stronger relationship between them.

This article explores the common history of bioethics and corporate social responsibility and identifies their common features and differences. It then explores the dispute of jurisdictions due to professional and academic “pedigree” and incompatibilities in the ideological and teleological spheres as possible causes for the divide. The discussion turns to paths for improving the reflexivity of both disciplines and, therefore, their openness to mutual contributions.

I.     Cut Out of the Same Cloth

The earliest record of the word “bioethics” dates back to 1927 as a term that designates one’s ethical responsibility toward not only human beings but other lifeforms as well, such as animals and plants. [1] Based on Kantian ethics, the term was coined as a response to the great prestige science held at its time. It remained largely forgotten until the 1970s, when it resurfaced in the United States [2] as the body of knowledge that can be employed to ensure the responsible pursuit and application of science. The resurgence was prompted by a response to widespread irresponsible attitudes toward science and grounded in a pluralistic perspective of morality. [3] In the second half of the twentieth century, states and the international community assumed the duty to protect human rights, and bioethics became a venue for discussing rights. [4] There is both a semantic gap and a contextual gap between these two iterations, with some of them already being established.

Corporate social responsibility is often attributed to the Berle-Dodd debate. The discussion was characterized by diverging views on the extent of the responsibility of managers. [5] It was later settled as positioning the company, especially the large firm, as an entity whose existence is fomented by the law due to its service to the community. The concept has evolved with time, departing from a largely philanthropic meaning to being ingrained in nearly every aspect of a company’s operations. This includes investments, entrepreneurship models, and its relationship to stakeholders, leading to an increasing operationalization and globalization of the concept. [6]

At first sight, these two movements seem to stem from different contexts. Despite the difference, it is also possible to tell a joint history of bioethics and CSR, with their point of contact being a generalized concern with technological and social changes that surfaced in the sixties. The publishing of Silent Spring in 1962 by Rachel Carson exemplifies this growing concern over the sustainability of the ruling economic growth model of its time by commenting on the effects of large-scale agriculture and the use of pesticides in the population of bees, one of the most relevant pollinators of crops consumed by humans. The book influenced both the author responsible for the coining bioethics in the 1971 [7] and early CSR literature. [8] By initiating a debate over the sustainability of economic models, the environmentalist discourse became a precursor to vigorous social movements for civil rights. Bioethics was part of the trend as it would be carried forward by movements such as feminism and the patients’ rights movement. [9]

Bioethics would gradually move from a public discourse centered around the responsible use of science and technology to academic and government spaces. [10]   This evolution led to an increasing emphasis on intellectual rigor and governance. The transformation would unravel the effort to take effective action against scandal and turn bioethical discourse into governance practices, [11] such as bioethics and research ethics committees. The publication of the Belmont Report [12] in the aftermath of the Tuskegee Syphilis Experiment, as well as the creation of committees such as the “God Committee,” [13] which aimed to develop and enforce criteria for allocating scarce dialysis machines, exemplify this shift. On the side of CSR, this period represents, at first, a stronger pact between businesses and society due to more stringent environmental and consumer regulations. But afterward, a joint trend emerged: on one side, the deregulation within the context of neoliberalism, and on the other, the operationalization of corporate social responsibility as a response to societal concerns. [14]

The 1990s saw both opportunities and crises that derived from globalization. In the political arena, the end of the Cold War led to an impasse in the discourse concerning human rights, [15] which previously had been split between the defense of civil and political rights on one side and social rights on the other. But at the same time, agendas that were previously restricted territorially became institutionalized on a global scale. [16] Events such as the European Environment Agency (1990), ECO92 in Rio de Janeiro (1992), and the UN Global Compact (2000) are some examples of the globalization of CSR. This process of institutionalization would also mirror a crisis in CSR, given that its voluntarist core would be deemed lackluster due to the lack of corporate accountability. The business and human rights movement sought to produce new binding instruments – usually state-based – that could ensure that businesses would comply with their duties to respect human rights. [17] This rule-creation process has been called legalization: a shift from business standards to norms of varying degrees of obligation, precision, and delegation. [18]

Bioethics has also experienced its own renewed identity in the developed world, perhaps because of its reconnection to public and global health. Global health has been the object of study for centuries under other labels (e.g., the use of tropical medicine to assist colonial expeditions) but it resurfaced in the political agenda recently after the pandemics of AIDS and respiratory diseases. [19] Bioethics has been accused from the inside of ignoring matters beyond the patient-provider relationship, [20] including those related to public health and/or governance. Meanwhile, scholars claimed the need to expand the discourse to global health. [21] In some countries, bioethics developed a tight relationship with public health, such as Brazil, [22] due to its connections to the sanitary reform movement. The United Kingdom has also followed a different path, prioritizing governance practices and the use of pre-established institutions in a more community-oriented approach. [23] The Universal Declaration on Bioethics and Rights followed this shift toward a social dimension of bioethics despite being subject to criticism due to its human rights-based approach in a field characterized by ethical pluralism. [24]

This scenario suggests bioethics and CSR have developed out of similar concerns: the protection of human rights and concerns over responsible development – be it economic, scientific, or technological. However, the interaction between these two fields (as well as business and human rights) is fairly recent both in academic and business settings. There might be a divide between these fields and their practitioners.

II.     A Tale of Jurisdictions

It can be argued that CSR and business and human rights did not face jurisdictional disputes. These fields owe much of their longevity to their roots in institutional economics, whose debates, such as the Berle-Dodd debate, were based on interdisciplinary dialogue and the abandonment of sectorial divisions and public-private dichotomies. [25] There was opposition to this approach to the role of companies in society that could have implications for CSR’s interdisciplinarity, such as the understanding that corporate activities should be restricted to profit maximization. [26] Yet, those were often oppositions to CSR or business and human rights themselves.

The birth of bioethics in the USA can be traced back to jurisdictional disputes over the realm of medicine and life sciences. [27] The dispute unfolded between representatives of science and those of “society’s conscience,” whether through bioethics as a form of applied ethics or other areas of knowledge such as theology. [28] Amid the civil rights movements, outsiders would gain access to the social sphere of medicine, simultaneously bringing it to the public debate and emphasizing the decision-making process as the center of the medical practice. [29] This led to the emergence of the bioethicist as a professional whose background in philosophy, theology, or social sciences deemed the bioethicist qualified to speak on behalf of the social consciousness. In other locations this interaction would play out differently: whether as an investigation of philosophically implied issues, a communal effort with professional institutions to enhance decision-making capability, or a concern with access to healthcare. [30] In these situations, the emergence and regulation of bioethics would be way less rooted in disputes over jurisdictions.

This contentious birth of bioethics would have several implications, most related to where the bioethicist belongs. After the civil rights movements subsided, bioethics moved from the public sphere into an ivory tower: intellectual, secular, and isolated. The scope of the bioethicist would be increasingly limited to the spaces of academia and hospitals, where it would be narrowed to the clinical environment. [31] This would become the comfort zone of professionals, much to the detriment of social concerns. This scenario was convenient to social groups that sought to affirm their protagonism in the public arena, with conservative and progressive movements alike questioning the legitimacy of bioethics in the political discourse. [32]

Even within the walls of hospitals and clinics, bioethics would not be excused from criticism. Afterall, the work of bioethicists is often unregulated and lacks the same kind of accountability that doctors and lawyers have. Then, is there a role to be played by the bioethicist?

This trend of isolation leads to a plausible explanation for why bioethics did not develop an extensive collaboration with corporate social responsibility nor with business and human rights. Despite stemming from similar agendas, bioethics’ orientation towards the private sphere resulted in a limited perspective on the broader implications of its decisions.

This existential crisis of the discipline led to a re-evaluation of its nature and purpose. Its relevance has been reaffirmed due to the epistemic advantage of philosophy when engaging normative issues. Proper training enables the bioethicist to avoid falling into traps of subjectivism or moralism, which are unable to address the complexity of decision-making. It also prevents the naïve seduction of “scientifying” ethics. [33] This is the starting point of a multitude of roles that can be attributed to the bioethicists.

There are three main responsibilities that fall under bioethics: (i) activism in biopolicy, through the engagement in the creation of laws, jurisprudence, and public policies; (ii) the exercise of bioethics expertise, be it through the specialized knowledge in philosophical thought, its ability to juggle multiple languages related to various disciplines related to bioethics, or its capacity to combat and avoid misinformation and epistemic distortion; (iii) and, intellectual exchange, by exercising awareness that it is necessary to work with specialists from different backgrounds to achieve its goals. [34]

All of those suggest the need for bioethics to improve its dialogue with CSR and business and human rights. Both CSR and business and human rights have been the arena of political disputes over the role of regulations and corporations themselves, and the absence of strong stances by bioethicists risks deepening their exclusion from the public arena. Furthermore, CSR and business and human rights are at the forefront of contemporary issues, such as the limits to sustainable development and appropriate governance structures, which may lead to the acceptance of values and accomplishment of goals cherished by bioethics. However, a gap in identifying the role and nature of bioethics and CSR may also be an obstacle for bridging the chasm between bioethics and CSR.

III.     From Substance to Form: Philosophical Groundings of CSR and Bioethics

As mentioned earlier, CSR is, to some extent, a byproduct of institutionalism. Institutional economics has a philosophical footprint in the pragmatic tradition [35] , which has implications for the purpose of the movement and the typical course of the debate. The effectiveness of regulatory measures is often at the center of CSR and business and human rights debates: whatever the regulatory proposal may be, compliance, feasibility, and effectiveness are the kernel of the discussion. The axiological foundation is often the protection of human rights. But discussions over the prioritization of some human rights over others or the specific characteristics of the community to be protected are often neglected. [36] It is worth reinforcing that adopting human rights as an ethical standard presents problems to bioethics, given its grounding in the recognition of ethical pluralism.

Pragmatism adopts an anti-essentialist view, arguing that concepts derive from their practical consequences instead of aprioristic elements. [37] Therefore, truth is transitory and context dependent. Pragmatism embraces a form of moral relativism and may find itself in an impasse in the context of political economy and policymaking due to its tendency to be stuck between the preservation of the status quo and the defense of a technocratic perspective, which sees technical and scientific progress as the solution to many of society’s issues. [38]

These characteristics mean that bioethics has a complicated relationship with pragmatism. Indeed, there are connections between pragmatism and the bioethics discourse. Both can be traced back to American naturalism. [39] The early effort in bioethics to make it ecumenical, thus building on a common but transitory morality, [40] sounds pragmatic. Therefore, scholars suggest that bioethics should rely on pragmatism's perks and characteristics to develop solutions to new ethical challenges that emerge from scientific and technological progress.

Nonetheless, ethical relativism is a problem for bioethics when it bleeds from a metaethical level into the subject matters themselves. After all, the whole point of bioethics is either descriptive, where it seeks to understand social values and conditions that pertain to its scope, or normative, where it investigates what should be done in matters related to medicine, life sciences, and social and technological change. It is a “knowledge of how to use knowledge.”

Therefore, bioethics is a product of disillusionment regarding science and technology's capacity to produce exclusively good consequences. It was built around an opposition to ethical relativism—even though the field is aware of the particularity of its answers. This is true not only for the scholarly arena, where the objective is to produce ethically sound answers but also for bioethics governance, where relativism may induce decision paralysis or open the way to points of view disconnected from facts. [41]

But there might be a point for more pragmatic bioethics. Bioethics has become an increasingly public enterprise which seeks political persuasion and impact in the regulatory sphere. When bioethics is seen as an enterprise, achieving social transformation is its main goal. In this sense, pragmatism can provide critical tools to identify idiosyncrasies in regulation that prove change is needed. An example of how this may play out is the abortion rights movement in the global south. [42] Despite barriers to accessing safe abortion, this movement came up with creative solutions and a public discourse focused on the consequences of its criminalization rather than its moral aspects.

IV.     Bridging the Divide: Connections Between Bioethics and CSR

There have been attempts to bring bioethics and CSR closer to each other. Corporate responsibility can be a supplementary strategy for achieving the goals of bioethics. The International Bioethics Committee (IBC), an institution of the United Nations Educational, Scientific and Cultural Organization (UNESCO), highlights the concept that social responsibility regarding health falls under the provisions of the Universal Declaration on Bioethics and Human Rights (UDBHR). It is a means of achieving good health (complete physical, mental, and social well-being) through social development. [43] Thus, it plays out as a condition for actualizing the goals dear to bioethics and general ethical standards, [44] such as autonomy and awareness of the social consequences of an organization’s governance. On this same note, CSR is a complementary resource for healthcare organizations that already have embedded bioethics into their operations [45] as a way of looking at the social impact of their practices.

And bioethics is also an asset of CSR. Bioethics can inform the necessary conditions for healthcare institutions achieving a positive social impact. When taken at face value, bioethics may offer guidelines for ethical and socially responsible behavior in the industry, instructing how these should play out in a particular context such as in research, and access to health. [46] When considering the relevance of rewarding mechanisms, [47] bioethics can guide the establishment of certification measures to restore lost trust in the pharmaceutical sector. [48] Furthermore, recognizing that the choice is a more complex matter than the maximization of utility can offer a nuanced perspective on how organizations dealing with existentially relevant choices understand their stakeholders. [49] However, all of those proposals might come with the challenge of proving that something can be gained from its addition to self-regulatory practices [50] within the scope of a dominant rights-based approach to CSR and global and corporate law.

It is evident that there is room for further collaboration between bioethics and CSR. Embedding either into the corporate governance practices of an organization tends to be connected to promoting the other. [51] While there are some incompatibilities, organizations should try to overcome them and take advantage of the synergies and similarities.

Despite their common interests and shared history, bioethics and corporate social responsibility have not produced a mature exchange. Jurisdictional issues and foundational incompatibilities have prevented a joint effort to establish a model of social responsibility that addresses issues particular to the healthcare sector.

Both bioethics and CSR should acknowledge that they hold two different pieces of a cognitive competence necessary for that task: CSR offers experience on how to turn corporate ethical obligations operational, while bioethics provides access to the prevailing practical and philosophical problem-solving tools in healthcare that were born out of social movements. Reconciling bioethics and CSR calls for greater efforts to comprehend and incorporate the social knowledge developed by each field reflexively [52] while understanding their insights are relevant to achieving some common goals.

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[52] Teubner argues that social spheres tend to develop solutions autonomously, but one sphere interfering in the way other spheres govern themselves tends to result in ineffective regulation and demobilization of their autonomous rule-making capabilities. These spheres should develop “reflexion mechanisms” that enable the exchange of their social knowledge and provide effective, non-damaging solutions to social issues. See Gunther Teubner, “Substantive and Reflexive Elements in Modern Law,” Law & Society Review 17, no. 2 (1983): 239–85, https://doi.org/10.2307/3053348.

Caio Caesar Dib

PhD candidate at the Faculty of Law of the University of São Paulo

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