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Economic Challenges in the Anthropocene

Author

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  • Ignazio Musu

Abstract

The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for economic growth, mainly coming from developing and emerging countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy-environment challenge, it is claimed that the required technological breakthrough will not be possible without an appropriate combination of environmental and innovation policies. The big size of the needed investments in a context of limited financial resources asks for a strong support and definition of precise priorities by the governments. A strong help will come from a cultural change able to determine a more sustainable demand for goods and services and a new system of social norms.

Suggested Citation

  • Ignazio Musu, 2013. "Economic Challenges in the Anthropocene," CESifo Working Paper Series 4530, CESifo.
    • Handle: RePEc:ces:ceswps:_4530
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    File URL: https://www.cesifo.org/DocDL/cesifo1_wp4530.pdf
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    More about this item

    Keywords

    economic development; technical change; sustainability; environment; energy;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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