Lose Less Instead of Win More: The Failure of Decoupling and Perspectives for Competition in a Degrowth Economy
This paper aims to provide a comprehensive explanation for the likely failure in the decoupling of economic growth from environmental degradation, and also intends to offer perspectives on the new role of competition in a steady state or a degrowth economy. The analysis is based on five different scenarios, and uses the European Union as an example. It is concluded that we must prepare ourselves for a potential incompatibility between sustainability and economic growth. In this respect one can say that the current EU situation is in some ways already quite close to an economic system without growth, although far from sustainable as yet. Two of the four perspectives developed, regarding the new role of competition in an economy without growth, indicate an increase of direct and indirect competition over resources. The other two perspectives point out that regulatory public intervention as well as financial intervention will increase in order to ensure that - despite the revised role of competition - the poorest are still given a chance to develop (e.g. through basic minimum incomes), even in a degrowth economy.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David I. Stern, 2012. "Ecological Economics," Crawford School Research Papers 1203, Crawford School of Public Policy, The Australian National University.
- Howard Michael W., 2007. "A NAFTA Dividend: A Guaranteed Minimum Income for North America," Basic Income Studies, De Gruyter, vol. 2(1), pages 1-23, June.
- Spangenberg, Joachim H. & Omann, Ines & Hinterberger, Friedrich, 2002. "Sustainable growth criteria: Minimum benchmarks and scenarios for employment and the environment," Ecological Economics, Elsevier, vol. 42(3), pages 429-443, September.
- Scholtens, Bert, 2001. "Borrowing green: economic and environmental effects of green fiscal policy in The Netherlands," Ecological Economics, Elsevier, vol. 39(3), pages 425-435, December.
- Binswanger, Mathias, 2001. "Technological progress and sustainable development: what about the rebound effect?," Ecological Economics, Elsevier, vol. 36(1), pages 119-132, January.
- Martínez-Alier, Joan & Pascual, Unai & Vivien, Franck-Dominique & Zaccai, Edwin, 2010. "Sustainable de-growth: Mapping the context, criticisms and future prospects of an emergent paradigm," Ecological Economics, Elsevier, vol. 69(9), pages 1741-1747, July.
- Mauerhofer, Volker, 2008. "3-D Sustainability: An approach for priority setting in situation of conflicting interests towards a Sustainable Development," Ecological Economics, Elsevier, vol. 64(3), pages 496-506, January.
- Stefan Giljum & Thomas Hak & Friedrich Hinterberger & Jan Kovanda, 2005. "Environmental governance in the European Union: strategies and instruments for absolute decoupling," International Journal of Sustainable Development, Inderscience Enterprises Ltd, vol. 8(1/2), pages 31-46.
- Surendra R. Devkota, 2005. "Is strong sustainability operational? An example from Nepal," Sustainable Development, John Wiley & Sons, Ltd., vol. 13(5), pages 297-310.
When requesting a correction, please mention this item's handle: RePEc:env:journl:ev22:ev2204. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Andrew Johnson)
If references are entirely missing, you can add them using this form.