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On cross-system interactions and the sustainability of (economic) development

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  • Stijepic, Denis
  • Wagner, Helmut

Abstract

We propose a system-theoretical model for analyzing the sustainability of (economic) growth and development. In particular, we set up a general dynamic system describing the dynamics of the economic and non-economic system (where the latter encompasses, e.g., the ecological, socio-cultural, and political subsystem), their interactions, the dynamics of development indicators, and the sustainability concepts. Then, we discuss the major aspects of sustainability in this framework, in particular, drivers of sustainable development and their direct and indirect/cross-system impacts on development indicators, dynamic equilibria in relation to sustainability, cross-system feedbacks, intra-system interactions, critique of non-interdisciplinary sustainability studies, and sustainability policy design.

Suggested Citation

  • Stijepic, Denis & Wagner, Helmut, 2017. "On cross-system interactions and the sustainability of (economic) development," MPRA Paper 86147, University Library of Munich, Germany, revised 11 Apr 2018.
    • Handle: RePEc:pra:mprapa:86147
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    File URL: https://mpra.ub.uni-muenchen.de/86147/1/MPRA_paper_86147.pdf
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    References listed on IDEAS

    as
    1. de Vries, Bert J.M. & Petersen, Arthur C., 2009. "Conceptualizing sustainable development: An assessment methodology connecting values, knowledge, worldviews and scenarios," Ecological Economics, Elsevier, vol. 68(4), pages 1006-1019, February.
    2. Gordon Mitchell, 1996. "Problems And Fundamentals Of Sustainable Development Indicators," Sustainable Development, John Wiley & Sons, Ltd., vol. 4(1), pages 1-11.
    3. Bill Hopwood & Mary Mellor & Geoff O'Brien, 2005. "Sustainable development: mapping different approaches," Sustainable Development, John Wiley & Sons, Ltd., vol. 13(1), pages 38-52.
    4. Voinov, Alexey & Farley, Joshua, 2007. "Reconciling sustainability, systems theory and discounting," Ecological Economics, Elsevier, vol. 63(1), pages 104-113, June.
    5. Stijepic, Denis, 2017. "On the system-theoretical foundations of non-economic parameter constancy assumptions in economic growth modeling," MPRA Paper 82699, University Library of Munich, Germany.
    6. Nick Hanley, 2000. "Macroeconomic Measures of ‘Sustainability’," Journal of Economic Surveys, Wiley Blackwell, vol. 14(1), pages 1-30, February.
    7. Nicola Dempsey & Glen Bramley & Sinéad Power & Caroline Brown, 2011. "The social dimension of sustainable development: Defining urban social sustainability," Sustainable Development, John Wiley & Sons, Ltd., vol. 19(5), pages 289-300, September.
    8. Goldin,Ian & Winters,L. Alan (ed.), 1995. "The Economics of Sustainable Development," Cambridge Books, Cambridge University Press, number 9780521469579.
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    Cited by:

    1. Wagner, Helmut, 2018. "Structural change, rebalancing, and the danger of a middle-income trap in China," BOFIT Policy Briefs 6/2018, Bank of Finland Institute for Emerging Economies (BOFIT).
    2. Wagner, Helmut, 2018. "Structural change, rebalancing, and the danger of a middle-income trap in China," CEAMeS Discussion Paper Series 13/2018, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS).

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    More about this item

    Keywords

    economic growth; economic development; long-run dynamics; sustainability; systems; cross-system interactions; economic system; socio-cultural system; political system; ecological system; dynamic systems theory; dynamic equilibrium;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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