Arbeitspapier

Economics and Nature: A Long-Neglected Combination

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.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 10631

Classification
Wirtschaft
General Welfare; Well-Being
Economic Development: General
Microeconomics: General
Subject
critical deceleration theory
nature
GDP
beyond-GDP indicators

Event
Geistige Schöpfung
(who)
Pettini, Anna
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2023

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Pettini, Anna
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2023

Other Objects (12)