A research agenda for ecological macroeconomics

Peter A. Victor and Tim Jackson

Chapter 21 in Sustainable Wellbeing Futures, 2020, pp 357-372 from Edward Elgar Publishing

Abstract: This chapter outlines the essential elements of a research agenda for an ‘ecological macroeconomics’. The overarching objective of ecological macroeconomics is to investigate and promote transitions to economies that deliver sustainable prosperity for all. Central to the proposed research agenda is the need for a more profound analysis of the interactions between economies and planetary systems than has been undertaken to date. The broad thrust of our argument is that an ecological macroeconomics must encompass three distinct spheres of modelling and metrics: the ecological sphere, the real economy and the financial economy. It should also include their complex inter-dependencies. The research agenda has three main components: modelling, metrics and contemporary issues. We provide ten specific recommended research priorities based on an assessment of the current state of ecological macroeconomics and where the greatest gains are to be made over the next decade.

Keywords: Economics and Finance; Environment (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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