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Growth, A-Growth or Degrowth to Stay within Planetary Boundaries?

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Author Info

  • Jeroen C. J. M. van den Bergh
  • Giorgos Kallis

Abstract

The environmental sustainability of economic growth has been subject to much debate for many decades. Recently, two alternatives to the growth paradigm have been put forward: namely, "a-growth" and "degrowth." The first proposes to ignore GDP information and focus instead on sound environmental, social, and economic policies independently of their effects on economic growth. The second recommends a downscaling of the economy so as to make it consistent with biophysical boundaries. We compare these approaches in the context of the growth paradigm and examine whether they have any merit. We further consider the potential contribution of institutional economics to further develop such alternatives.

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Bibliographic Info

Article provided by M.E. Sharpe, Inc. in its journal Journal of Economic Issues.

Volume (Year): 46 (2012)
Issue (Month): 4 (December)
Pages: 909-920

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Handle: RePEc:mes:jeciss:v:46:y:2012:i:4:p:909-920

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Web page: http://www.mesharpe.com/mall/results1.asp?acr=jei

Related research

Keywords: a-growth; degrowth; environmental sustainability; gross domestic product (GDP); growth paradigm;

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Cited by:
  1. repec:hal:gemwpa:hal-00975432 is not listed on IDEAS
  2. Anna Dimitrova & Katarina Hollan & Daphne Laster & Andreas Reinstaller & Margit Schratzenstaller & Ewald Walterskirchen & Teresa Weiss, 2013. "Literature review on fundamental concepts and definitions, objectives and policy goals as well as instruments relevant for socio-ecological transition," WWWforEurope Working Papers series 40, WWWforEurope.
  3. Isabelle CASSIERS & Géraldine THIRY, 2014. "A High-Stakes Shift: Turning the Tide From GDP to New Prosperity Indicators," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2014002, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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