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Agrowth

From Wikipedia, the free encyclopedia
Economic concept
This article needs to beupdated. Please help update this article to reflect recent events or newly available information.(October 2024)

Agrowth("agnostic or atheistic about growth") is a concept ineconomic policy according to which it is preferable to be indifferent to thegrowth of gross domestic product (GDP growth) when devising policies to further economic and societal progress.[1][2] The reasoning behind agrowth is that GDP growth does notcorrelate closely with such progress.[3][4]

The concept has been particularly discussed in the context of environmental policy, where it is opposed to bothgreen growth anddegrowth.[4] Agrowth is supported by many scientists.[2][5][6]

For example environmental economistJeroen C. J. M. van den Bergh argues for an agnostic attitude toward economic growth. According to him,environmental policy should not be aimed at pursuing or avoiding growth in the hope of reducing environmental damage, but at direct deployment of effective instruments such as pricingexternalities (for example, viaenvironmental taxes oremission rights). Whether the economy grows, stagnates or shrinks as a result is of secondary importance.[5]

See also

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References

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  1. ^van den Bergh, Jeroen C.J.M. (March 2011). "Environment versus growth — A criticism of 'degrowth' and a plea for 'a-growth'".Ecological Economics.70 (5):881–890.doi:10.1016/j.ecolecon.2010.09.035.
  2. ^abSavin, Ivan; King, Lewis (20 September 2023)."Idea of green growth losing traction among climate policy researchers, survey of nearly 800 academics reveals".The Conversation.
  3. ^Kalimeris, Panos; Richardson, Clive; Bithas, Kostas (March 2014). "A meta-analysis investigation of the direction of the energy-GDP causal relationship: implications for the growth-degrowth dialogue".Journal of Cleaner Production.67:1–13.doi:10.1016/j.jclepro.2013.12.040.
  4. ^ab"The new theory of economic 'agrowth' contributes to the viability of climate policies".ScienceDaily (Press release).Universitat Autònoma de Barcelona. 10 March 2017.
  5. ^abvan den Bergh, Jeroen C. J. M. (February 2017)."A third option for climate policy within potential limits to growth".Nature Climate Change.7 (2):107–112.Bibcode:2017NatCC...7..107V.doi:10.1038/nclimate3113.hdl:1871.1/55d55cfa-2617-4e8a-b21c-fbc02ee19eea.
  6. ^Lehmann, Cathérine; Delbard, Olivier; Lange, Steffen (February 2022). "Green growth, a-growth or degrowth? Investigating the attitudes of environmental protection specialists at the German Environment Agency".Journal of Cleaner Production.336 130306.doi:10.1016/j.jclepro.2021.130306.S2CID 245721607.
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