IDEAS home Printed from https://ideas.repec.org/p/ces/ceswps/_10631.html
   My bibliography  Save this paper

Economics and Nature: A Long-Neglected Combination

Author

Listed:
  • Anna Pettini

Abstract

The intersection of Economics and Nature has long been overlooked, but recent events have shed new light on their interconnectedness. This paper explores this relationship, focusing on the impact of economic cycles and the role of GDP as a measure of economic success. The paper highlights the historically dominant role of GDP, tracing its origins from Simon Kuznets’ report in the 1930s to the present. It considers the rise of quantitative growth as a paradigm and its influence on economic policy, including the neo-liberal perspective that prioritises private market initiative. The paper concludes by exploring the potential for change in the aftermath of the syndemic crisis, and argues for a move away from GDP-centred measurements towards indicators that are fully researched and ready to use.

Suggested Citation

  • Anna Pettini, 2023. "Economics and Nature: A Long-Neglected Combination," CESifo Working Paper Series 10631, CESifo.
    • Handle: RePEc:ces:ceswps:_10631
    as

    Download full text from publisher

    File URL: https://www.cesifo.org/DocDL/cesifo1_wp10631.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Friedman, Milton, 2002. "Capitalism and Freedom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226264202.
    2. Friedman, Milton, 2002. "Capitalism and Freedom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226264219, Febrero.
    3. Harvey, David, 2007. "A Brief History of Neoliberalism," OUP Catalogue, Oxford University Press, number 9780199283279.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paing, Win Min & Han, Phyu Phyu & Ota, Masahiko & Fujiwara, Takahiro, 2023. "The state-private hybrid forest policy in Myanmar: The impact of neoliberalism on the forestry sector after the 1990s," Forest Policy and Economics, Elsevier, vol. 148(C).
    2. John Komlos, 2023. "Viability of the Political System: A Neglected Issue in Public Finance," Challenge, Taylor & Francis Journals, vol. 66(3-4), pages 59-68, July.
    3. Howard Stein, 2012. "The Neoliberal Policy Paradigm and the Great Recession," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(4), pages 421-440, September.
    4. Preiss Joshua, 2015. "Milton Friedman on Freedom and the Negative Income Tax," Basic Income Studies, De Gruyter, vol. 10(2), pages 169-191, December.
    5. Georgios Kyroglou & Matt Henn, 2017. "Political Consumerism as a Neoliberal Response to Youth Political Disengagement," Societies, MDPI, vol. 7(4), pages 1-16, December.
    6. Adam Martin & Matias Petersen, 2019. "Poverty Alleviation as an Economic Problem," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 43(1), pages 205-221.
    7. Julia Rotter & Peppi-Emilia Airike & Cecilia Mark-Herbert, 2014. "Exploring Political Corporate Social Responsibility in Global Supply Chains," Journal of Business Ethics, Springer, vol. 125(4), pages 581-599, December.
    8. Potgieter, Petrus H., 2010. "Water and energy in South Africa – managing scarcity," MPRA Paper 23360, University Library of Munich, Germany.
    9. Ulrike Reisach, 2016. "The creation of meaning and critical ethical reflection in operational research," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 4(1), pages 5-32, June.
    10. repec:spo:wpmain:info:hdl:2441/5vh7udhojr93npqcg7j64df9d4 is not listed on IDEAS
    11. Klaus M. Leisinger, 2008. "Zur Relevanz der Unternehmensethik in der Betriebswirtschaftlehre (oder: The Business of Business is still Business–But the Rules have Changed)," Schmalenbach Journal of Business Research, Springer, vol. 60(58), pages 26-49, January.
    12. Åsbjørn Melkevik, 2016. "No progressive taxation without discrimination? On the generality of the law in the classical liberal tradition," Constitutional Political Economy, Springer, vol. 27(4), pages 418-434, December.
    13. Layman Daniel, 2012. "Locke on Basic Income," Basic Income Studies, De Gruyter, vol. 6(2), pages 1-12, January.
    14. Jose Luis Retolaza & Leire San-Jose, 2021. "Understanding Social Accounting Based on Evidence," SAGE Open, , vol. 11(2), pages 21582440211, April.
    15. Chauffour, Jean-Pierre, 2011. "On the relevance of freedom and entitlement in development : new empirical evidence (1975-2007)," Policy Research Working Paper Series 5660, The World Bank.
    16. Mostafa E. Shahen & Shibly Shahrier & Koji Kotani, 2019. "Happiness, Generativity and Social Preferences in a Developing Country: A Possibility of Future Design," Sustainability, MDPI, vol. 11(19), pages 1-17, September.
    17. Peter Boettke, 2019. "Economic policy of a free society," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(2), pages 107-117, June.
    18. repec:kap:iaecre:v:13:y:2007:i:4:p:461-474 is not listed on IDEAS
    19. Ph.D. Candidate Oana Popa, 2011. "Challenges Of The Corporate Social Responsibility," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(39), pages 173-180, May.
    20. Christof Miska & Mark E. Mendenhall, 2018. "Responsible Leadership: A Mapping of Extant Research and Future Directions," Journal of Business Ethics, Springer, vol. 148(1), pages 117-134, March.
    21. Rajko Tomas, 2020. "The Limits of Neoliberal Globalization," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 16(4), pages 157-170.
    22. Cai-Xia Song & Cui-Xia Qiao, 2023. "Technology Importation, Institutional Environment and Industrial Upgrading: Evidence from China," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 71(1), pages 23-45, January.

    More about this item

    Keywords

    critical deceleration theory; nature; GDP; beyond-GDP indicators;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • D00 - Microeconomics - - General - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_10631. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.