X Economies: Towards Comprehensive Policy Intelligence Among Economy Visions and Practices in Europe and Latin America

Serdar Türkeli (), Iris Bleisteiner, Léa Cenci, Raphaela De Dominicis, Elodie Demanet, Gabriela Lopez Ramirez and Daniel Müller
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Serdar Türkeli: UNU-MERIT, United Nations University, School of Business and Economics, Maastricht University
Iris Bleisteiner: Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University
Léa Cenci: Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University
Raphaela De Dominicis: Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University
Elodie Demanet: Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University
Gabriela Lopez Ramirez: Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University
Daniel Müller: Economics and Strategy in Emerging Markets, School of Business and Economics, Maastricht University

Chapter Chapter 17 in Towards a Circular Economy, 2022, pp 297-332 from Springer

Abstract: Abstract We observe a proliferation of various economic visions and practices (e.g., Blue Economy, Circular Economy, Digital Economy, Social Economy). In this chapter, we conceptualize such newly proposed economy visions and practices as specific cases of a general meta-level concept, X economies, and introduce an indicator-based emphasis on the interactions among them to attain comprehensive sustainability outcomes. “X economies", as technologies of economy, are being proposed as systemic and societal fixes to various ills of the current political-economic system at the socio-technical regime level, yet the role and the importance of the interactions among them to substitute it as an alternative in-the-making are overlooked in the literature. To this end, we constructed X Economies Index (XEI), which quantifies how countries in Europe and Latin America perform in each X economy’s environmental, social, governmental, economic, and scientific dimensions, including their interactions. XEI covers in total 58 indicators for 48 countries in Europe and Latin America. The results emphasize the need for comprehensive policy intelligence for human-centered governance of the interactions among X economies to create further positive impact and accelerate multiple system transitions, societal transformations, and change.

Keywords: Globalization; Circular Economy; Sustainability; International business (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-030-94293-9_17

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DOI: 10.1007/978-3-030-94293-9_17

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