Of ‘Misguided Notions’ and Misguiding Nations: The Growth Report,Poverty and Climate Change |
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Authors: | DAVID WOODWARD |
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Affiliation: | Independent consultant on development issues, and formerly head of the New Global Economy programme at nef (the new economics foundation). |
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Abstract: | The Growth Report neither addresses the issue of growth and poverty, nor considers the implications of binding constraints on global carbon emissions, which invalidate the argument for global growth as a positive‐sum game. The polarisation of the debate on growth and poverty reflects different perspectives and priorities between economists, environmentalists and development professionals, and the absence of constructive dialogue between them. “Growth or no growth?” is the wrong question. Reconciling poverty eradication and tackling climate change requires us rather to ask what our ultimate objectives are, and how economic policy can best achieve them. |
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Keywords: | growth poverty climate change environment development global economy |
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