Economics, Environment

The “Selling” of Degrowth

Over the last three decades, a growing number of scientists and ecologists have argued that economic growth has long outstripped the capacity of the planetary ecosystem. They have developed numerous sophisticated models to demonstrate their point. They have boiled down the technical information—about the availability of mineral resources, the limits of energy generation, the constraints… Continue reading The “Selling” of Degrowth

Economics

New Neighbors, New Economy

Russia is disappearing. So is Japan. Europe is next to go. It’s not the rising waters of global warming that threaten these parts of the world. The problem is more basic. The Russians and Japanese, as well as large numbers of Europeans, are not having enough children to replace themselves. The birth rates across a… Continue reading New Neighbors, New Economy

Economics, Russia and Eastern Europe

Restructuring East-Central European Economies

Key Problems Structural adjustment has been pitched as the only acceptable economic reform model. This unpopular reform has created political and economic instability. In promoting structural adjustment, the U.S. has concentrated on short-term profits for businesses and narrow diplomatic gain. In 1990, after the collapse of its communist governments, East-Central Europe confronted a daunting challenge:… Continue reading Restructuring East-Central European Economies