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The Orthodox Development view equates economic growth with 'development'. The gross national product of a country has continually been used by intergovernmental organisations such as the UN, to equate their economical stance to their level of 'development'.
The divine economy, in Eastern Orthodoxy, not only refers to God's actions to bring about the world's salvation and redemption, but to all of God's dealings with, and interactions with, the world, including the Creation. [3] [verification needed]
Orthodoxy (from Greek: ὀρθοδοξία, orthodoxía, 'righteous/correct opinion') [1] [2] is adherence to correct or accepted creeds, especially in religion. [3] Orthodoxy within Christianity refers to acceptance of the doctrines defined by various creeds and ecumenical councils in Antiquity , but different Churches accept different creeds ...
Rome interpreted her primacy among the Pentarchy of five sees in terms of sovereignty, as a God-given right involving universal jurisdiction in the Church. Some churches of the East believed that the Roman See had a primacy of honour but not supremacy, i.e. the Pope being the first among equals, not an absolute authority with the ability to ...
Following World War I, the Economic and Financial Organization (EFO) of the League of Nations, influenced by the ideas of Montagu Norman and other leading policymakers and economists of the time, took an active role to promote the independence of central bank, a key component of the economic orthodoxy the EFO fostered at the Brussels Conference ...
Oriental Orthodox churches reject what they consider to be the heretical Monophysite teachings of Eutyches and of Nestorius as well as the Dyophysite definition of the Council of Chalcedon. As a result, the Oriental patriarchs were excommunicated by the bishops of Rome and Constantinople in 451, formalizing the schism.
The term "mainstream economics" came into use in the late 20th century. It appeared in 2001 edition of the textbook Economics by Samuelson and Nordhaus on the inside back cover in the "Family Tree of Economics", which depicts arrows into "Modern Mainstream Economics" from Keynes (1936) and neoclassical economics (1860–1910). [14]
Oriental Orthodoxy is one of the oldest branches in Christianity. [5] As some of the oldest religious institutions in the world, the Oriental Orthodox Churches have played a prominent role in the history and culture of Armenia, Egypt, Eritrea, Ethiopia, Sudan, Western Asia and the Malabar region of India.