MacroSD
Integration of Sustainable Development into Macro-Economics
-Theory and Empirical Analysis -
First Sketch
SERI intends to create a network of European researchers dealing with macro-economic analyses of sustainable development. The network will serve as a forum to exchange experiences and discuss issues according the following objectives:
Objectives
1. Theoretical Integration of Sustainable Development into Macro-Economics
Reflection of macro-economic rules and policies and discussion on how
to integrate the concept of sustainable development in macro-economic
theories.
Starting from the key objectives of macro-economics (economic growth,
sufficient level of employment, stability of prices) the following issues
should be raised:
-
Is there a need to revise macro-economic rules as regards the paradigm of sustainable development? And if yes - How?
-
What are key macro-economic indicators also taking the paradigm of sustainable development into consideration?
-
How are those macro-economic indicators (extended by sustainability concerns) mutually related to each other?
2.
Exchange on Empirical Analyses
Theory is one thing. Theory should be validated by empirical findings.
Reversal, empirically based findings help to refine theory building.
Hence, integration of Sustainable Development into macro-economics is
also partly depending on empirical findings. The research network will
be used for discussing findings from their empirical work tackling the
following questions:
-
Is there empirical evidence of theoretical considerations (outlined under 1)?
-
How to extend traditional macro-economic research designs by sustainability elements?
-
Development of methodologies for integrated macro-economic sustainability analyses.
3.
Towards a New Understanding of Structural Change - the De-Linking Discussion
One special focal point of discussion will be the phenomenon of structural
change.
The main question at stake: Do European economies develop in a sustainable
way?
Those reflection on the de-linking phenomenon necessarily lead to the
phenomenon of structural change of European economies. How is the aggregated
economic development and the performance of European economy composed?
Which are the dying sectors, which are the winners, and which will be
the rising sectors of the future?
Thereby, the objective is to gain an better understanding of the dynamics
of economic structural change (technological development) of European
economies and its implications on the primary factors of production
- capital, environment and employment.
4.
Possible Policy Implications
Based on the empirically and theoretically gained understanding - macro-economic
strategies for a Sustainable Development will be developed and possible
implication for macro-economic policies will be outlined.
Planned Activities
-
Correspondence
-
Meetings
-
Teleconferences
-
European Network on MacroSD
-
Web site Research project(s) Publications
-
Conference Sessions
Contact
Stephan Moll
SERI - People - Projects - Publications - Links