The Unassuming Economist

From a paper by Anja Janischewski, Katharina Bohnenberger, Matthias Kranke, Tobias Vogel, Riwan Driouich, Tobias Froese, Stefanie Gerold, Raphael Kaufmann, Lorenz Keyßer, Jannis Niethammer, and Christopher Olk, Matthias Schmelzer, Aslı Yürük, and Steffen Lange:

“Many socio-economic systems require positive economic growth rates to function properly. These growth dependencies pose serious challenges given uncertainty about future growth rates and the role of economic growth as a driver of environmental crises. Thus, identifying and transforming socio-economic systems that currently rely on growth for their adequate functioning is a crucial step towards effective sustainability transformations. To facilitate conceptual clarity, we propose a general definition and framework for operationalizing the concept of “growth dependence” through four elements: (1) the system under investigation, (2) the unit of growth measurement, (3) the meaning of “growth”, and (4) the functions or properties of the system relevant for human well-being. We illustrate the impact of varieties in definitions on assessment outcomes by applying the framework to areas widely seen as growth-dependent: labor markets, social insurance and public finance. Our framework helps researchers to develop a more coherent understanding of growth dependence, a prerequisite for assessing policy options towards growth independence.”