The identity of ecological economics: retrospects and prospects

The paper first reveals the relevance of ecological economics in the time of a triple crisis—ecological, social and economic—and promotes it as a distinct paradigm comprised of two interconnected and interdependent aspects: the qualitative framework within which it operates; and the quantitative mod...

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Bibliographic Details
Published in:Cambridge journal of economics 2012-09, Vol.36 (5), p.1123-1142
Main Authors: Özkaynak, Begüm, Adaman, Fikret, Devine, Pat
Format: Article
Language:English
Subjects:
Case studies
Ecological economics
Ecological sustainability
Ecology
Economic conditions
Economic crisis
Economic models
Economic systems
Economics
Ecosystems
Environment
Environmental economics
Environmental Factors
Environmental policy
Green economics
Identity
Policy Making
Renewable energy
Resilience
Social conditions
Socioeconomics
Studies
Sustainability
Sustainable development
Sustainable economies
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Summary:The paper first reveals the relevance of ecological economics in the time of a triple crisis—ecological, social and economic—and promotes it as a distinct paradigm comprised of two interconnected and interdependent aspects: the qualitative framework within which it operates; and the quantitative models and techniques it uses to observe ecosystem resilience, measure progress towards sustainability and evaluate policies. While acknowledging the progress that has so far been made, the paper argues that divergences in understanding the meaning and content of ecological economics hinder its effectiveness and influence on real-world policy making, and calls for a unified framework as a common ground that would strengthen the field and direct research. The implication of this position then follows, pointing out what has so far been missing from the ecological economics' analysis and what should be done for it to become a more problem-oriented and policy-relevant alternative.
ISSN:0309-166X
1464-3545
DOI:10.1093/cje/bes021