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X Economies: Towards Comprehensive Policy Intelligence Among Economy Visions and Practices in Europe and Latin America

In: Towards a Circular Economy

Author

Listed:
  • Serdar Türkeli

    (UNU-MERIT, United Nations University, School of Business and Economics, Maastricht University)

  • Iris Bleisteiner

    (Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University)

  • Léa Cenci

    (Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University)

  • Raphaela De Dominicis

    (Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University)

  • Elodie Demanet

    (Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University)

  • Gabriela Lopez Ramirez

    (Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University)

  • Daniel Müller

    (Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University)

Abstract

We observe a proliferation of various economic visions and practices (e.g., Blue Economy, Circular Economy, Digital Economy, Social Economy). In this chapter, we conceptualize such newly proposed economy visions and practices as specific cases of a general meta-level concept, X economies, and introduce an indicator-based emphasis on the interactions among them to attain comprehensive sustainability outcomes. “X economies", as technologies of economy, are being proposed as systemic and societal fixes to various ills of the current political-economic system at the socio-technical regime level, yet the role and the importance of the interactions among them to substitute it as an alternative in-the-making are overlooked in the literature. To this end, we constructed X Economies Index (XEI), which quantifies how countries in Europe and Latin America perform in each X economy’s environmental, social, governmental, economic, and scientific dimensions, including their interactions. XEI covers in total 58 indicators for 48 countries in Europe and Latin America. The results emphasize the need for comprehensive policy intelligence for human-centered governance of the interactions among X economies to create further positive impact and accelerate multiple system transitions, societal transformations, and change.

Suggested Citation

  • Serdar Türkeli & Iris Bleisteiner & Léa Cenci & Raphaela De Dominicis & Elodie Demanet & Gabriela Lopez Ramirez & Daniel Müller, 2022. "X Economies: Towards Comprehensive Policy Intelligence Among Economy Visions and Practices in Europe and Latin America," CSR, Sustainability, Ethics & Governance, in: Aldo Alvarez-Risco & Marc A. Rosen & Shyla Del-Aguila-Arcentales (ed.), Towards a Circular Economy, chapter 0, pages 297-332, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-94293-9_17
    DOI: 10.1007/978-3-030-94293-9_17
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    Cited by:

    1. Albérico Travassos Rosário & Joana Carmo Dias, 2023. "The New Digital Economy and Sustainability: Challenges and Opportunities," Sustainability, MDPI, vol. 15(14), pages 1-23, July.

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