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beyond growth the economics of sustainable development: Beyond Growth Herman E. Daly, 1996 Daly argues that if sustainable development means anything at this historical moment, it demands that we conceive of the economy as part of the ecosystem and, as a result, give up on the ideal of economic growth. We need a global understanding of developing welfare that does not entail expansion. |
beyond growth the economics of sustainable development: Beyond Growth Herman E. Daly, 1997-08-01 Herman Daly is probably the most prominent advocate of the need for a change in economic thinking in response to environmental crisis. an iconoclast economist who has worked as a renegade insider at the World Bank in recent years, Daly has argued for overturning some basic economic assumptions. He has a wide and growing reputation among environmentalists, both inside and outside the academy. Daly argues that if sustainable development means anything at this historical moment, it demands that we conceive of the economy as part of the ecosystem and, as a result, give up on the ideal of economic growth. We need a global understanding of developing welfare that does not entail expansion. These simple ideas turn out to be fundamentally radical concepts, and basic ideas about economic theory, poverty, trade, and population have to be discarded or rethought, as Daly shows in careful, accessible detail. These are questions with enormous practical consequences. Daly argues that there is a real fight to control the meaning of sustainable development, and that conventional economists and development thinkers are trying to water down its meaning to further their own ends. Beyond Growth is an argument that will turn the debate around. |
beyond growth the economics of sustainable development: Beyond Growth Herman E. Daly, 2014-09-30 Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics. --Utne Reader Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless. --Mother Jones In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.' --G. Pascal Zachary, The Wall Street Journal A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality. --Donella H. Meadows, Los Angeles Times For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading. --David W. Orr, Oberlin College There is no more basic ethical question than the one Herman Daly is asking. --Hal Kahn, The San Jose Mercury News Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking. --Karen Pennar, Business Week Named one of a hundred visionaries who could change your life by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the Alternative Nobel Prize, the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good. |
beyond growth the economics of sustainable development: Beyond Growth Herman E. Daly, 1997-08-14 Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics. --Utne Reader Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless. --Mother Jones In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.' --G. Pascal Zachary, The Wall Street Journal A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality. --Donella H. Meadows, Los Angeles Times For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading. --David W. Orr, Oberlin College There is no more basic ethical question than the one Herman Daly is asking. --Hal Kahn, The San Jose Mercury News Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking. --Karen Pennar, Business Week Named one of a hundred visionaries who could change your life by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the Alternative Nobel Prize, the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good. |
beyond growth the economics of sustainable development: A Future Beyond Growth Haydn Washington, Paul Twomey, 2016-04-14 There is a fundamental denial at the centre of why we have an environmental crisis – a denial that ignores that endless physical growth on a finite planet is impossible. Nature provides the ecosystem services that support our civilisation, thus making humanity unavoidably dependent upon it. However, society continues to ignore and deny this dependence. A Future Beyond Growth explores the reason why the endless growth economy is fundamentally unsustainable and considers ways in which society can move beyond this to a steady state economy. The book brings together some of the deepest thinkers from around the world to consider how to advance beyond growth. The main themes consider the deep problems of the current system and key aspects of a steady state economy, such as population; throughput and consumerism; ethics and equity; and policy for change. The policy section and conclusion bring together these various themes and indicates how we can move past the growth economy to a truly sustainable future. This volume will be of great interest to students and scholars of economics, sustainability and environmental studies in general. |
beyond growth the economics of sustainable development: Economic Evaluation of Sustainable Development Vinod Thomas, Namrata Chindarkar, 2019-04-16 This book is open access under a CC BY 4.0 license. This book presents methods to evaluate sustainable development using economic tools. The focus on sustainable development takes the reader beyond economic growth to encompass inclusion, environmental stewardship and good governance. Sustainable Development Goals (SDGs) provide a framework for outcomes. In illustrating the SDGs, the book employs three evaluation approaches: impact evaluation, cost-benefit analysis and objectives-based evaluation. The innovation lies in connecting evaluation tools with economics. Inclusion, environmental care and good governance, thought of as “wicked problems”, are given centre stage. The book uses case studies to show the application of evaluation tools. It offers guidance to evaluation practitioners, students of development and policymakers. The basic message is that evaluation comes to life when its links with socio-economic, environmental, and governance policies are capitalized on. |
beyond growth the economics of sustainable development: Beyond Economic Growth Tatyana P. Soubbotina, 2013 This book is designed primarily to help readers broaden their knowledge of global issues, gain insight into their country's situation in a global context, and understand the problems of sustaianble development--both national and global. Because development is a comprehensive process involving economic as well as social and environmental changes, this book takes an interdisciplinary approach. It attempts to describe and explain the complex relationships among various aspects of development, including population growth, economic growth, improvements in education and health, urbanization, and globalization. |
beyond growth the economics of sustainable development: Ecological Economics and Sustainable Development Herman E. Daly, 2007 This clear-thinking collection brings together 25 of Daly s essays, speeches, reviews and testimonials from the past decade. . . as a whole they provide a useful masterclass on the principles of ecological economics. Daly s vision, as well as his frustration with mainstream economists refusal to engage with his arguments, comes through loud and clear. New Scientist It s hard to imagine ecological economics without the numerous and profound contributions of Herman Daly. These papers reveal the consistency of his analysis and clarity of exposition that have made him one of the most influential economists of his generation. Because of Herman Daly we have a much better understanding of how economies relate to the environment, why so much is wrong with this relationship and what must be done to fix it. Peter Victor, York University, Canada This thrilling compilation outlines the origins of the young discipline of ecological economics by the intellectual leader of the movement, Herman Daly. He recounts how, as a member of the recently demoted environment department at the World Bank, he integrated ecology with economics during his six years in the bowels of the beast. Herman lucidly and compellingly combines common sense with profound understanding of both economics and ecology to arrive at sustainable solutions to the global problematique. Herman s rigorous yet compassionate solutions to climate change, peak oil, globalization vs. internationalization, poverty reduction, and the unsung concept of scale leading to uneconomic growth, are precisely what we need to prevent the current liquidation of our beautiful world. This book will galvanize you into the action we need so much. Robert Goodland, Environmental adviser, World Bank Group, 1978 2001 In this book, written in crystal clear style, Herman Daly reiterates the main points of his analysis and vision, he praises some teachers (John Ruskin, Frederick Soddy, Nicholas Georgescu-Roegen, Kenneth Boulding), he fearlessly attacks some adversaries in the World Bank and MIT, and he offers some advice to the government of his own country, to the Russian Duma, and especially to OPEC that, if followed, would change the world very much for the better. Finally, on a different line of thought, he interrogates conservation biologists on their reasons for wanting to keep biodiversity since, as biologists, they claim that evolution has no particular purpose. Why not let the Sixth Great Extinction run its course? In other words, science cannot provide an ethics of conservation, which Herman Daly finds in religion more than in democratization deliberations. Joan Martinez-Alier, Universitat Autonòma de Barcelona, Spain Ecological Economics and Sustainable Development comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly s ever-illuminating work. This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy one with deeper biophysical and ethical roots. Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world versus empty-world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation versus distribution versus scale issues; non-enclosure of rival goods and enclosure of non-rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource versus value-added taxation; globalization versus internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above. This fascinating work will appeal to scholars and academics of ecol |
beyond growth the economics of sustainable development: Beyond the Blue Economy Peter Rudge, 2021-04-11 This book argues for a broader approach to sustainable growth in Small Island Developing States (SIDS). Small island states such as those in the Caribbean, Indian Ocean and South Pacific face significant and growing threats from climate change, increasing political and social volatility, and rapidly evolving global trends in technology and tourism. Based on ten years of research, this book looks beyond the Blue Economy of tourism and fisheries and provides a model of how creative industries, innovation networks, creative clusters and digital transformation can give SIDS the foundation for a strong sustainable future. The book provides not only insights into how these emerging digital-creative sectors can drive developing economies but also actionable tools for policy makers, entrepreneurs and academics to deliver increased performance on the United Nations Sustainable Development Goals and, ultimately, growth and sustainability. This book will be of great interest to scholars and practitioners of economic geography, sustainable development, development studies and the creative industries. |
beyond growth the economics of sustainable development: Beyond the Limits to Growth Hiroshi Komiyama, 2014-02-18 At a time when contemporary challenges seem to many to be insurmountable, this book offers an optimistic view of the future and provides a road map for societies to get there. Drawing upon extensive research and many years as a thought leader in environmental and sustainability issues in Japan and internationally, Hiroshi Komiyama analyzes the most pressing challenges to the attainment of sustainability of economically advanced nations and argues forcefully for Japan to lead them out of the present dilemma through active promotion of creative consumer and societal demand. He shows how an active industry–government–academic partnership can provide the environment needed to promote such new creative demand and illustrates its potential through presentation of a Platinum Society Network that was launched on a regional basis in Japan in 2010 to facilitate the solution of common issues through the exchange of information and ideas. What is perhaps most surprising about the text is its unwavering optimism supported by hard evidence, history, and insightful observation. Problems arising from new paradigms of the 21st century (what the author refers to as “exploding knowledge, limited Earth resources, and aging societies“) thwart sustainable development in advanced and developing countries alike. All countries will struggle with issues that evolve from these paradigms including diminishing resources, expanding budget deficits, and growing global environmental problems. This window on potential practical pathways and solutions should be of interest to all those engaged in seeking ways to meet these contemporary challenges. |
beyond growth the economics of sustainable development: Beyond Uneconomic Growth Joshua Farley, Deepak Malghan, 2016 'Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.' - Peter H. May, President, Brazilian Society for Ecological Economics (ECOECO) 'Contributed by several eminent thinkers, the chapters in this book herald the paradigm shift that is needed to save the scientific framework of economics. In spite of the conceptual inconsistencies, GDP continues to be accepted by the nation states as the singular parameter to comprehensively describe the health of their economy. What gets easily hidden behind 'Market Failures ' is actually the success of cost-shifting on the heads of the ignorant and marginalized people as 'price for economic growth'. The chapters eloquently establish the need for moving beyond the religious faith on a paradigm that is facing fundamental conceptual challenges but has not addressed them with due seriousness. What is a greater contribution of this collection is the identification of the gaps in knowledge of economics that need to be filled-up to arrive at some basic articulations of the new paradigm that can throw some light on what is ecologically and socially 'Sustainable Development'.' - Jayanta Bandyopadhyay, Past President, The Indian Society for Ecological Economics 'The title Beyond Uneconomic Growthcaptures both the core of Herman Daly's key message and the linguistic mastery that makes his texts so enjoyable to read. The book forms a great tribute to the work of Herman Daly by gathering a distinguished set of contributors, covering a a wide variety of the topics that Daly has dealt with, and pointing in new directions.' - Inge Røpke, Aalborg University, Denmark This engaging book brings together leading ecological economists to collectively present a definitive case for looking beyond economic growth as the sole panacea for the world's ecological predicament. Grounded in physics, ecology, and the science of human behavior, contributors show how economic growth itself has become ''uneconomic'' and adds to a ravaging of both social and ecological cohesion. Guided by a clear moral vision that prioritizes sustainability and justice over profit, the authors provide a blueprint for an economy that replaces quantitative growth with qualitative improvement to enhance human welfare while restoring degraded ecosystems. They present solutions for many of today's challenges, ranging from global climate change and biodiversity loss to natural resource depletion. This interdisciplinary work not only relates ecological economics theory to the most urgent predicaments of the contemporary world, but also pays tribute to the work of Herman Daly, a leading pioneer of modern ecological economics. Researchers and faculty studying and teaching ecological economics and environmental studies will find value in this unprecedented book. It will also be of interest to practitioners working to solve a variety of global environmental issues. |
beyond growth the economics of sustainable development: From Uneconomic Growth to a Steady-State Economy Herman E. Daly, 2014-11-28 øEditorial-style policy essays substantiate Daly�s argument and he provides specific application of steady-state economics to important current issues, including monetary reform, tax reform, international trade and population. The book also includes di |
beyond growth the economics of sustainable development: Beyond Economic Growth Tatyana P. Soubbotina, Katherine Sheram, 2000-01-01 The book, which draws on data published by the World Bank, is addressed to teachers, students, and all those interested in exploring issues of global development. |
beyond growth the economics of sustainable development: The Economics of Sustainable Development Sisay Asefa, 2005 Annotation This book contains six essays based on presentations made at the 40th Annual Werner Sichel Economics Lecture Series sponsored by the Department of Economics, Western Michigan University, during the academic year 2003-3004. The Series was made possible through the financial support of the W.E. Upjohn Institute for Employment Research and Western Michigan University. |
beyond growth the economics of sustainable development: The Good Life Beyond Growth Hartmut Rosa, Christoph Henning, 2017-08-15 Many countries have experienced a decline of economic growth for decades, an effect that was only aggravated by the recent global financial crisis. What if in the 21st century this is no longer an exception, but the general rule? Does an economy without growth necessarily bring hardship and crises, as is often assumed? Or could it be a chance for a better life? Authors have long argued that money added to an income that already secures basic needs no longer enhances well-being. Also, ecological constraints and a sinking global absorption capacity increasingly reduce the margin of profitability on investments. Efforts to restore growth politically, however, often lead to reduced levels of social protection, reduced ecological and health standards, unfair tax burdens and rising inequalities. Thus it is time to dissolve the link between economic growth and the good life. This book argues that a good life beyond growth is not only possible, but highly desirable. It conceptualizes the good life as a fulfilled life that is embedded in social relations and at peace with nature, independent of a mounting availability of resources. In bringing together experts from different fields, this book opens an interdisciplinary discussion that has often been restricted to separate disciplines. Philosophers, sociologists, economists and activists come together to discuss the political and social conditions of a good life in societies which no longer rely on economic growth and no longer call for an ever expanding circle of extraction, consumption, pollution, waste, conflict, and psychological burnout. Read together, these essays will have a major impact on the debates about economic growth, economic and ecological justice, and the good life in times of crisis. |
beyond growth the economics of sustainable development: Public Goods, Sustainable Development and the Contribution of Business Roland Bardy, Arthur Rubens, Raymond Saner, Lichia Yiu, 2021-02-18 This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres. |
beyond growth the economics of sustainable development: Handbook on Growth and Sustainability Peter A. Victor, Brett Dolter, 2017-06-30 This Handbook assembles original contributions from influential authors such as Herman Daly, Paul Ekins, Marina Fischer-Kowalski, Jeroen van den Bergh, William E. Rees and Tim Jackson who have helped to define our understanding of growth and sustainability. The Handbook also presents new contributions on topics such as degrowth, the debt-based financial system, cultural change, energy return on investment, shorter working hours and employment, and innovation and technology. Explorations of these issues can deepen our understanding of whether growth is sustainable and, in turn, whether a move away from growth can be sustained. With issues such as climate change looming large, our understanding of growth and sustainability is critical. This Handbook offers a broad range of perspectives that can help the reader to decide: Growth? Sustainability? Both? Or neither? |
beyond growth the economics of sustainable development: Weak Versus Strong Sustainability Eric Neumayer, 2010-01-01 This third edition of an enduring and popular book has been fully updated and revised, exploring the two opposing paradigms of sustainability in an insightful and accessible way. Eric Neumayer contends that central to the debate on sustainable development is the question of whether natural capital can be substituted by other forms of capital. Proponents of weak sustainability maintain that such substitutability is possible, whilst followers of strong sustainability regard natural capital as non-substitutable. The author examines the availability of natural resources for the production of consumption goods and the environmental consequences of economic growth. He identifies the critical forms of natural capital in need of preservation given risk, uncertainty and ignorance about the future and opportunity costs of preservation. He goes on to provide a critical discussion of measures of sustainability. Indicators of weak sustainability such as Genuine Savings and the Index of Sustainable Economic Welfare also known as the Genuine Progress Indicator are analysed, as are indicators of strong sustainability, including ecological footprints, material flows and sustainability gaps. This book will prove essential reading for students, scholars and policymakers with an interest in ecological and environmental economics and sustainable development. |
beyond growth the economics of sustainable development: The Age of Sustainable Development Jeffrey D. Sachs, 2015-03-03 Jeffrey D. Sachs is one of the world's most perceptive and original analysts of global development. In this major new work he presents a compelling and practical framework for how global citizens can use a holistic way forward to address the seemingly intractable worldwide problems of persistent extreme poverty, environmental degradation, and political-economic injustice: sustainable development. Sachs offers readers, students, activists, environmentalists, and policy makers the tools, metrics, and practical pathways they need to achieve Sustainable Development Goals. Far more than a rhetorical exercise, this book is designed to inform, inspire, and spur action. Based on Sachs's twelve years as director of the Earth Institute at Columbia University, his thirteen years advising the United Nations secretary-general on the Millennium Development Goals, and his recent presentation of these ideas in a popular online course, The Age of Sustainable Development is a landmark publication and clarion call for all who care about our planet and global justice. |
beyond growth the economics of sustainable development: History of the Future of Economic Growth Iris Borowy, Matthias Schmelzer, 2017-02-24 The future of economic growth is one of the decisive questions of the twenty-first century. Alarmed by declining growth rates in industrialized countries, climate change, and rising socio-economic inequalities, among other challenges, more and more people demand to look for alternatives beyond growth. However, so far these current debates about sustainability, post-growth or degrowth lack a thorough historical perspective. This edited volume brings together original contributions on different aspects of the history of economic growth as a central and near-ubiquitous tenet of developmental strategies. The book addresses the origins and evolution of the growth paradigm from the seventeenth century up to the present day and also looks at sustainable development, sustainable growth, and degrowth as examples of alternative developmental models. By focusing on the mixed legacy of growth, both as a major source of expanded life expectancies and increased comfort, and as a destructive force harming personal livelihoods and threatening entire societies in the future, the editors seek to provide historical depth to the ongoing discussion on suitable principles of present and future global development. History of the Future of Economic Growth is aimed at students and academics in environmental, social, economic and international history, political science, environmental studies, and economics, as well as those interested in ongoing discussions about growth, sustainable development, degrowth, and, more generally, the future. |
beyond growth the economics of sustainable development: Thinking Beyond Sectors for Sustainable Development Jeff Waage, Chris Yap, 2015-06-26 This book brings together a series of working papers, produced by interdisciplinary groups of academics within the project, on progress made under the Millennium Development Goals and introduces current debates surrounding the Sustainable Development Goals and the post-2015 agenda. Originating from an interdisciplinary, multi-institution research collaboration, Thinking Beyond Sectors for Sustainable Development, funded by UCL Grand Challenges. The project brought together over thirty academics from UCL, SOAS, London School of Hygiene and Tropical Medicine, Birkbeck, Institute of Education, and the Royal Veterinary College, and was coordinated by the London International Development Centre (LIDC). The book explores potential interactions between sustainable development goals in the post-2015 development agenda. |
beyond growth the economics of sustainable development: Collision Course Kerryn Higgs, 2016-09-02 The story behind the reckless promotion of economic growth despite its disastrous consequences for life on the planet. The notion of ever-expanding economic growth has been promoted so relentlessly that “growth” is now entrenched as the natural objective of collective human effort. The public has been convinced that growth is the natural solution to virtually all social problems—poverty, debt, unemployment, and even the environmental degradation caused by the determined pursuit of growth. Meanwhile, warnings by scientists that we live on a finite planet that cannot sustain infinite economic expansion are ignored or even scorned. In Collision Course, Kerryn Higgs examines how society's commitment to growth has marginalized scientific findings on the limits of growth, casting them as bogus predictions of imminent doom. Higgs tells how in 1972, The Limits to Growth—written by MIT researchers Donella Meadows, Dennis Meadows, Jorgen Randers, and William Behrens III—found that unimpeded economic growth was likely to collide with the realities of a finite planet within a century. Although the book's arguments received positive responses initially, before long the dominant narrative of growth as panacea took over. Higgs explores the resistance to ideas about limits, tracing the propagandizing of “free enterprise,” the elevation of growth as the central objective of policy makers, the celebration of “the magic of the market,” and the ever-widening influence of corporate-funded think tanks—a parallel academic universe dedicated to the dissemination of neoliberal principles and to the denial of health and environmental dangers from the effects of tobacco to global warming. More than forty years after The Limits to Growth, the idea that growth is essential continues to hold sway, despite the mounting evidence of its costs—climate destabilization, pollution, intensification of gross global inequalities, and depletion of the resources on which the modern economic edifice depends. |
beyond growth the economics of sustainable development: Replacing GDP by 2030 Rutger Hoekstra, 2019-05-30 Proposes an new strategy for the beyond-GDP community which aims to replace the economic paradigm centred on Gross Domestic Product (GDP) by 2030. |
beyond growth the economics of sustainable development: Cents and Sustainability Cheryl Desha, Charlie Hargroves, Michael Harrison Smith, 2010-09-23 Cents and Sustainability is a clear-sighted response to the 1987 call by Dr Gro Brundtland in Our Common Future to achieve a new era of economic growth that is 'forceful and at the same time socially and environmentally sustainable'. The Brundtland Report argued that not only was it achievable, but that it was an urgent imperative in order to achieve a transition to sustainable development while significantly reducing poverty and driving 'clean and green' investment. With some still arguing for significantly slowing economic growth in order to reduce pressures on the environment, this new book, Cents and Sustainability, shows that it is possible to reconcile the need for economic growth and environmental sustainability through a strategy to decouple economic growth from environmental pressures, combined with a renewed commitment to achieve significant environmental restoration and poverty reduction. Beginning with a brief overview of some of the most pressing environmental challenges of our time, the book then explains 'decoupling theory', overviews a number of factors that can undermine and even block efforts to decouple in both developed and developing countries, and then discusses a number of key considerations to assist the development of national 'decoupling strategies'. The book then focuses on presenting evidence to support greater action, not just on climate change, but also on decoupling economic growth from the loss of biodiversity and the deterioration of natural systems, freshwater extraction, waste production, and air pollution. In the lead up to the 2012 United Nations Earth Summit and beyond, Cents and Sustainability will be a crucial guide to inform and assist nations to develop strategies to significantly reduce environmental pressures, strengthen their economy, create jobs and reduce poverty. 'I commend the team from The Natural Edge Project and their partners for undertaking to develop a response to 'Our Common Future' to mark its 20th anniversary.' Dr Gro Brundtland. Sequel to The Natural Advantage of Nations Published with The Natural Edge Project |
beyond growth the economics of sustainable development: The Pursuit of Development Ian Goldin, 2016 In this book Ian Goldin shows how the understanding of how nations escape poverty and achieve economic and social progress has changed as the pendulum has swung from arguments for state-led development to a preoccupation with market forces. |
beyond growth the economics of sustainable development: An Introduction to Sustainable Development Peter P. Rogers, Kazi F. Jalal, John A. Boyd, 2012 This volume is the most comprehensive textbook on sustainable development. It has been developed with students and professionals from around the world specifically for those who need a thorough grounding in the subject. Coverage includes: background to sustainable development and global environmental issues; measurement and sustainability indicators; environmental assessment, management and policy; approaches and linkages to poverty reduction; impacts and infrastructure development; economics, consumption, production and market failures; governance; participation; disaster management; international financial institutions; international environmental agreements; and the role of civil society. |
beyond growth the economics of sustainable development: Economy & Ecology: Towards Sustainable Development F. Archibugi, Peter Nijkamp, 2013-03-09 After a period of relative silence, recent years have been marked by an upswing of interest in environmental issues. The publication of the report of the World Commission on Environment and Development on 'Our Common Future' (1987) has acted as a catalyst for a revival of the environmental awareness, not only regarding local and daily pollution problems, but also -and in particular- regarding global environmental decay and threats to a sustainable development. In a recent study by W.M. Stigliani et al., on 'Future Environments for Europe' (Executive Rep~rt 15, IIASA, Laxenburg, 1989) the environmental implications of various alternative socioeconomic development pathways with respect to eleven environmental issues that could become major problems in the future are analysed. These issues include: Managing water resources in an era of climate change. Acidification of soils and lakes in Europe. Long-term forestry management and the possibility of a future shortfall in wood supply. Areas of Europe marginalized by mainstream economic and agricultural development. Sea level rise. Chemical pollution of coastal waters. Toxic materials buildup and the potential for chemical time bombs. Non-point-source emissions of potentially toxic substances. Transportation growth versus air quality. Decreasing multi-functionally of land owing to urban and suburban land development. Increasing summer demand for electricity, and the impact on air quality. |
beyond growth the economics of sustainable development: Green Growth and Sustainable Development Jesús Crespo Cuaresma, Tapio Palokangas, Alexander Tarasyev, 2012-12-21 The book examines problems associated with green growth and sustainable development on the basis of recent contributions in economics, natural sciences and applied mathematics, especially optimal control theory. Its main topics include pollution, biodiversity, exhaustible resources and climate change. The integrating framework of the book is dynamic systems theory which offers a common basis for multidisciplinatory research and mathematical tools for solving complicated models, leading to new insights in environmental issues. |
beyond growth the economics of sustainable development: Understanding Sustainable Development John Blewitt, 2017-12-22 A truly comprehensive introduction to the topic, Understanding Sustainable Development is designed to give students on a wide range of courses an appreciation of the key concepts and theories of sustainable development. Fully updated, the third edition includes detailed coverage of the Sustainable Development Goals and their impact on global development. Major challenges and topics are explored through a range of international case studies and media examples which maintain the ‘global to local’ structure of the previous edition. With an extensive website and pedagogy, Understanding Sustainable Development is the most complete guide to the subject for course leaders, undergraduates and postgraduates. |
beyond growth the economics of sustainable development: Building the New American Economy Jeffrey D. Sachs, 2017-02-07 The influential economist offers a persuasive strategy for a more just and sustainable economy—with a forward by Bernie Sanders. The New York Times has said that Jeffrey D. Sachs is “probably the most important economist in the world.” Now, in a book that combines impassioned manifesto with a plan of action, Sachs charts a path to move America toward sustainable development. Sustainable development is a holistic approach to public policy that unifies economic, social, and environmental objectives. By focusing too much on short-term economic growth, the United States has neglected rising inequality and dire environmental threats—all while putting our long-term economic growth at risk. Sachs explores issues that have captivated national discourse, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. In accessible language, he illuminates the forces at work in each case and presents specific policy solutions. His argument rises above the stagnation of partisanship to envision a brighter way forward both individually and collectively. “Sachs demonstrates expertise on vastly different policy fields and makes a convincing case that abdicating the toxic intersection of militarism and exceptionalism is key to building a brighter future.”—Global Policy Journal |
beyond growth the economics of sustainable development: Building a Sustainable and Desirable Economy-in-Society-in-Nature Peter Victor, Robert Costanza, Gar Alperovitz, Herman Daly, Joshua Farley, Carol Franco, Tim Jackson, Ida Kubiszewski, Juliet Schor, 2013-12-03 The world has changed dramatically. We no longer live in a world relatively empty of humans and their artifacts. We now live in the “Anthropocene,” era in a full world where humans are dramatically altering our ecological life-support system. Our traditional economic concepts and models were developed in an empty world. If we are to create sustainable prosperity, if we seek “improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities,” we are going to need a new vision of the economy and its relationship to the rest of the world that is better adapted to the new conditions we face. We are going to need an economics that respects planetary boundaries, that recognizes the dependence of human well-being on social relations and fairness, and that recognizes that the ultimate goal is real, sustainable human well-being, not merely growth of material consumption. This new economics recognizes that the economy is embedded in a society and culture that are themselves embedded in an ecological life-support system, and that the economy cannot grow forever on this finite planet. In this report, we discuss the need to focus more directly on the goal of sustainable human well-being rather than merely GDP growth. This includes protecting and restoring nature, achieving social and intergenerational fairness (including poverty alleviation), stabilizing population, and recognizing the significant nonmarket contributions to human well-being from natural and social capital. To do this, we need to develop better measures of progress that go well beyond GDP and begin to measure human well-being and its sustainability more directly. |
beyond growth the economics of sustainable development: Beyond Capitalism Jeff Shantz, José Brendan Macdonald, 2013-04-25 Capitalism as a global system barely allows the needs of the majority of the world's population to be met. Whether from an industrialized country such as the US or from South Africa, the need for an alternative can be felt all over the world. It is clear nowadays that, due to the non-democratic nature and inadequacies of capitalism, another system must take its place. Such a process has already begun through the cooperative movement, which this book examines along with other initiatives. Featuring essays by international scholars and activists from various spheres of the anti-capitalist left, the work features many examples from the north and the south, to cover both the historically-advanced and late capitalist economies. It discusses such initiatives as participatory economics, the Mondragon experience, worker cooperatives in Europe and Latin America, solidarity economy in South Africa, and more. Written in an accessible manner, Beyond Capitalism will be an invaluable resource for any student of social movements and political thought and for anyone looking for alternative to today's ongoing systemic crises. |
beyond growth the economics of sustainable development: Beyond Developmentality Debal Deb, 2012-05-04 History tells us that industrial development with all of its pollution, inequity and exploitation is the inevitable destiny of human societies. Yet is this really the case or are we trapped in a prevailing 'develop-mentality' that demands an endless cycle of inputs, outputs, consumption and waste on a finite planet? And is there another, better way for humans and the biosphere? This incisive, epic work turns the dominant industrial development model and its economics upside down and argues for a new way of thinking about the meaning of development and the complexion of our economy. The book traces the origin and development of the concept of development in the economic context, and suggests a way to achieving post-industrial development with zero industrial growth. The book argues that sustainable development is possible only when concerns for biodiversity and human development are put at the centre of the economy and social policy. It both provides a theoretical foundation to sustainability and presents practical instances of sustainable production systems. Coverage is magisterial and includes history, ecology, economics, anthropology, policy analysis, population theory, sociology, the Marxian critique of capitalism, Orientalism, semiotics and sociology of science. These are interwoven in an accessible but challenging way that enables readers to look at development theory, economics, consumerism and environmentalism from a new vantage point. Distinguishing features includes a critique of development from a natural science perspective, a fresh and thorough account of the concept of sustainability both from a theoretical and empirical perspective and the application of an evolutionary biology metaphor to building a socially responsible alternative to the prevailing developmentality. This is the most sweeping coverage of critical issues in economics, environment, development and sustainability available. It is both an empowering and necessary read for students, academics, professionals and activists from across sustainability, development, economics and environmental studies and beyond, and an invaluable repository of information about the critical issues facing humanity as we continue to develop our over-crowded planet. |
beyond growth the economics of sustainable development: A Guide to Sustainable Corporate Responsibility Caroline D. Ditlev-Simonsen, 2022 This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed. |
beyond growth the economics of sustainable development: A Survey of Sustainable Development Jonathan Harris, Timothy Wise, Kevin Gallagher, Neva R. Goodwin, 2013-04-16 Perpetual economic growth is physically impossible on a planet with finite resources. Many concerned with humanity's future have focused on the concept of sustainable development as an alternative, as they seek means of achieving current economic and social goals without compromising the ability of future generations to meet their own goals. Sustainable development brings together elements of economics, public policy, sociology, ecology, resource management, and other related areas, and while the term has become quite popular, it is rarely defined, and even less often is it understood. A Survey of Sustainable Development addresses that problem by bringing together in a single volume the most important works on sustainable human and economic development. It offers a broad overview of the subject, and gives the reader a quick and thorough guide to this highly diffuse topic. The volume offers ten sections on topics including: economic and social dimensions of sustainable development the North/South balance population and the demographic transition agriculture and renewable resources energy and materials use globalization and corporate responsibility local and national strategies Each section is introduced with an essay by one of the volume editors that provides an overview of the subject and a summary of the mainstream literature, followed by two- to three-page abstracts of the most important articles or book chapters on the topic. A Survey of Sustainable Development is the sixth and final volume in the Frontier Issues of Economic Thought series produced by the Global Development And Environment Institute at Tufts University. Each book brings together the most important articles and book chapters in a frontier area of economics where important new work is being done but has not yet been incorporated into the mainstream of economic study. The book is an essential reference for students and scholars concerned with economics, environmental studies, public policy and administration, international development, and a broad range of related fields. |
beyond growth the economics of sustainable development: Wellbeing Economy Lorenzo Fioramonti, 2017-08-04 Economic growth is a constant mantra of politicians, economists and the media. Few understand what it is, but they love and follow it blindly. The reality is that since the global financial crisis, growth has vanished in the more industrialised economies and in the so-called developing countries. Politicians may be panicking, but is this really a bad thing? Using real-life examples and innovative research, acclaimed political economist Lorenzo Fioramonti lays bare society’s perverse obsession with economic growth by showing its many flaws, paradoxes and inconsistencies. He argues that the pursuit of growth often results in more losses than gains and in damage, inequalities and conflicts. By breaking free from the growth mantra, we can build a better society that puts the wellbeing of all at its centre. A wellbeing economy would have tremendous impact on everything we do, boosting small businesses and empowering citizens as the collective leaders of tomorrow. Wellbeing Economy is a manifesto for radical change in South Africa and beyond. |
beyond growth the economics of sustainable development: Ecological Economics, Second Edition Herman E. Daly, Joshua Farley, 2011-01-26 In its first edition, this book helped to define the emerging field of ecological economics. This new edition surveys the field today. It incorporates all of the latest research findings and grounds economic inquiry in a more robust understanding of human needs and behavior. Humans and ecological systems, it argues, are inextricably bound together in complex and long-misunderstood ways. According to ecological economists, conventional economics does not reflect adequately the value of essential factors like clean air and water, species diversity, and social and generational equity. By excluding biophysical and social systems from their analyses, many conventional economists have overlooked problems of the increasing scale of human impacts and the inequitable distribution of resources. This introductory-level textbook is designed specifically to address this significant flaw in economic thought. The book describes a relatively new “transdiscipline” that incorporates insights from the biological, physical, and social sciences. It provides students with a foundation in traditional neoclassical economic thought, but places that foundation within an interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity. In doing so, it presents a revolutionary way of viewing the world. The second edition of Ecological Economics provides a clear, readable, and easy-to-understand overview of a field of study that continues to grow in importance. It remains the only stand-alone textbook that offers a complete explanation of theory and practice in the discipline. |
beyond growth the economics of sustainable development: Heat, Greed and Human Need Ian Gough, 2017-10-27 This book builds an essential bridge between climate change and social policy. Combining ethics and human need theory with political economy and climate science, it offers a long-term, interdisciplinary analysis of the prospects for sustainable development and social justice. Beyond ‘green growth’ (which assumes an unprecedented rise in the emissions efficiency of production) it envisages two further policy stages vital for rich countries: a progressive ‘recomposition’ of consumption, and a post-growth ceiling on demand. An essential resource for scholars and policymakers. |
beyond growth the economics of sustainable development: The Limits to Growth Donella H. Meadows, 1972 Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs |
beyond growth the economics of sustainable development: Sustainability Maurie J. Cohen, 2020-10-22 Sustainability is one of the buzzwords of our times and a key imperative for economic growth, technological development, social equity, and environmental quality. But what does it really mean and how is it being implemented around the world? In this clear-eyed book, Maurie Cohen introduces students to the concept of sustainability, tracing its history and application from local land-use practices, construction techniques and reorientation of business models to national and global institutions seeking to foster sustainable practices. Examining sustainable development in scientific, technological, social and political terms, he shows that it remains an elusive concept and evidence of its unambiguous achievements can be difficult to ascertain. Moreover, developed and developing countries have formulated divergent agendas to engage the notion of sustainability, further complicating its application and progress across the world. Innovative and readily accessible to students from a range of disciplines, this primer takes us on a journey to show that sustainability is as much about unchartered waters as it is about formulating answers to urgent global issues. |
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