My Blog
Limits to Growth
Today most governments are focused on understanding the economic growth they rely on, and take strong measures to sustain this growth. Why are they so focused on this element? It is very clear that most governments see growth as an answer to their problems: developed countries can reduce their debt and maintain social stability and developing countries can address their development challenges and raise social levels. This also clearly demonstrates that a zero-growth approach is just not realistic and certainly not politically feasible.
But as much as growth is an answer to these issues, it is also often creates its own problems, due to unsustainable patterns as the creation of bubbles, the overuse of natural resources and the effect on the environment. This implies that we need to better understand the future limits to growth and use this understanding to reconfigure growth in a way that is increasingly sustainable.
Sunday, December 25, 2011
