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Beyond growth
The document examines the debate over whether economic growth can be decoupled from environmental degradation or if a transition to 'degrowth' and post-consumerism is necessary. It contrasts 'ecological modernisation'—which relies on green technology and efficiency—with 'green radicalism,' which advocates for sufficiency and cultural shifts. The text applies these theories to specific national contexts, arguing that while some developed nations may be entering a post-consumerist era due to economic instability, others, like Croatia, still require green growth to ensure social stability. It concludes that a sustainable future requires redistributing wealth, sharing work, and moving beyond the 'productivist compromise' of the post-war era.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
Trade, Industrial Policies and the Exchange Rate: Proceedings of the Critical Thinking Forum
The proceedings of the Critical Thinking Forum examine the debate over whether South Africa should manage its exchange rate to boost industrial competitiveness or maintain a flexible system. Key discussions highlight that nominal currency devaluation may be unsustainable due to limited foreign exchange reserves and could exacerbate inflation. Experts argue that long-term competitiveness depends more on microeconomic reforms, reducing domestic costs, and increasing national savings than on currency manipulation. The forum also addresses the tension between trade liberalization and protectionist industrial policies, such as the National Industrial Policy Framework (NIPF), with some participants warning that raising tariffs could harm the poor and discourage export diversification.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report