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  • 1
    Publication Date: 2022-02-18
    Keywords: ddc:600
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: report , doc-type:report
    Format: application/pdf
    Location Call Number Limitation Availability
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  • 2
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    Wuppertal : Wuppertal Institute for Climate, Environment and Energy
    Publication Date: 2022-12-05
    Description: Another summit of change, known as Rio+20, has passed in summer 2012, nourishing the rumours of a green economy. Building up a green economy seems to be the all over recipe for different crises of capitalism, among them climate change and resource scarcity. Yet efficiency and consistency, as their main strategies, do not suffice to reach sustainable levels, as they cause rebound effects and keep stimulating economy growth. Obviously, there are limits to green growth, too. Can we conceive an economy, and respective economic institutions, that serve human needs and wealth without a built-in necessity to grow? What kind of political, mental, and individual changes does a sufficiency economy require? And what are perspectives and policies to actually start implementing it? Just before Rio +20 the symposium "Economy of Sufficiency", devoted to Wolfgang Sachs on the occasion of his 65th birthday in 2011, examined these questions in three dimensions. Accordingly this selection of contributions to the symposium follows the chapters "Wealth in diversity" (Ashok Khosla, Marianne Gronemeyer, Vandana Shiva), "Enjoyable limits" (Richard B. Norgaard, Tim Jackson) and "Creating commons" (Ezio Manzini, Silke Helfrich). The essays indicate the historical development of the ideas on a sufficiency economy. Wandering through discourses of sustainable development for several decades, the authors map the range of perspectives, practices as well as barriers and bridge them between cultures, agencies and schools.
    Keywords: ddc:300
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: report , doc-type:report
    Format: application/pdf
    Location Call Number Limitation Availability
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  • 3
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    Wuppertal : Wuppertal Institute for Climate, Environment and Energy | Wuppertal : Wuppertal Institut für Klima, Umwelt, Energie
    Publication Date: 2022-02-18
    Description: Economic performance of a country is generally being measured through GDP (Gross Domestic Product), a variable that has also become the de facto universal metric for "standards of living". However, GDP does not properly account for social and environmental costs and benefits. It is also difficult to achieve sustainable decision-making aiming at sustainable progress and well-being if welfare is being considered from a purely financial point of view. The study highlights the benefits and some of the shortcomings of GDP. It serves as a helpful and practicable instrument for monetary and fiscal policies. The real problem presumably is that GDP growth is too often confused with (sustainable) welfare growth in people's minds. While there certainly is a correlation between the two, this study shows that this is a highly conditional correlation, void of substantial causality for GDP levels observable in the European Union. In order to be able to assess people's well-being and general sustainable development in the sense of sustainability, an alternative instrument going beyond GDP is necessary. Using so called SWOT analyses, several alternative progress indicators have been assessed in the context of this study. On the one hand it was analysed how far ecological and social factors can be integrated in the GDP measurements. Thereby difficulties arose then trying to monetise these factors. As a further possibility indicators were analysed which are to replace GDP as a whole. The category supplementing GDP seems to be the most realistic and acceptable option for going beyond GDP. Within this approach, GDP is being complemented with additional environmental and/or social information. In order to make this kind of solution feasible the study claims the establishment of an overarching and transparent indicator system for improving economic decision-making in support of sustainable development.
    Keywords: ddc:330
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: report , doc-type:report
    Format: application/pdf
    Location Call Number Limitation Availability
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